The Walt Disney Company $DIS Shares Bought by Generali Investments CEE investicni spolecnost a.s.

Key Points

• Generali Investments CEE has increased its holdings in Walt Disney, acquiring an additional 7,316 shares, bringing its total to 93,582 shares, valued at approximately $11.6 million.
• Walt Disney reported a quarterly earnings per share (EPS) of $1.61, exceeding expectations, with a revenue of $23.65 billion for the quarter.
• Several analysts have recently adjusted their price targets for Walt Disney, with JPMorgan raising its target to $138, suggesting optimistic sentiment among analysts, who generally favor a "Moderate Buy" consensus rating.

Generali Investments CEE investicni spolecnost a.s. boosted its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 8.5% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 93,582 shares of the entertainment giant's stock after acquiring an additional 7,316 shares during the quarter. Walt Disney comprises about 1.0% of Generali Investments CEE investicni spolecnost a.s.'s portfolio, making the stock its 18th largest position. Generali Investments CEE investicni spolecnost a.s.'s holdings in Walt Disney were worth $11,605,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Walt Disney by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant's stock valued at $15,383,615,000 after buying an additional 2,446,087 shares during the period. Kingstone Capital Partners Texas LLC acquired a new position in shares of Walt Disney in the 2nd quarter valued at about $4,220,599,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Walt Disney by 9.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 18,509,924 shares of the entertainment giant's stock valued at $1,826,930,000 after buying an additional 1,642,907 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Walt Disney by 4.2% in the 1st quarter. Bank of New York Mellon Corp now owns 17,821,361 shares of the entertainment giant's stock valued at $1,758,968,000 after buying an additional 717,066 shares during the period. Finally, Amundi lifted its holdings in shares of Walt Disney by 11.4% in the 1st quarter. Amundi now owns 14,882,195 shares of the entertainment giant's stock valued at $1,468,873,000 after buying an additional 1,520,513 shares during the period. Institutional investors and hedge funds own 65.71% of the company's stock.

Walt Disney Price Performance

NYSE:DIS opened at $114.47 on Wednesday. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The stock has a 50 day moving average of $116.70 and a two-hundred day moving average of $109.75. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The firm has a market cap of $205.81 billion, a P/E ratio of 17.94, a price-to-earnings-growth ratio of 1.66 and a beta of 1.55.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. During the same period in the previous year, the business earned $1.39 EPS. Walt Disney's quarterly revenue was up 2.1% on a year-over-year basis. On average, analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Wall Street Zen cut Walt Disney from a "strong-buy" rating to a "buy" rating in a report on Sunday, July 20th. JPMorgan Chase & Co. boosted their price objective on Walt Disney from $130.00 to $138.00 and gave the company an "overweight" rating in a report on Tuesday, July 29th. Raymond James Financial reissued a "neutral" rating on shares of Walt Disney in a report on Monday, August 11th. Guggenheim upped their price target on Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a report on Friday, June 27th. Finally, Susquehanna reaffirmed a "neutral" rating on shares of Walt Disney in a report on Monday, August 11th. Nineteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, Walt Disney has a consensus rating of "Moderate Buy" and an average price target of $131.18.

Walt Disney Company Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.

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