The Walt Disney Company $DIS Shares Purchased by ASR Vermogensbeheer N.V.

Key Points

• ASR Vermogensbeheer N.V. increased its shareholding in The Walt Disney Company by 1.1%, now owning 241,474 shares valued at approximately $29.94 million.
• The Walt Disney Company reported $1.61 EPS in its latest earnings, surpassing analyst expectations of $1.45, with a revenue of $23.65 billion for the quarter.
• Analysts have shown confidence in Walt Disney's stock, with 19 analysts rating it as a Buy and a consensus target price of $131.18.

ASR Vermogensbeheer N.V. increased its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 1.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 241,474 shares of the entertainment giant's stock after purchasing an additional 2,650 shares during the quarter. ASR Vermogensbeheer N.V.'s holdings in Walt Disney were worth $29,943,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DIS. Kingstone Capital Partners Texas LLC acquired a new position in Walt Disney during the second quarter worth $4,220,599,000. Nuveen LLC acquired a new position in Walt Disney during the first quarter worth $1,353,607,000. Diamond Hill Capital Management Inc. raised its holdings in Walt Disney by 1,080.7% during the first quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant's stock worth $277,993,000 after purchasing an additional 2,578,004 shares during the last quarter. Vanguard Group Inc. raised its holdings in Walt Disney by 1.6% during the first quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant's stock worth $15,383,615,000 after purchasing an additional 2,446,087 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Walt Disney by 9.7% in the first 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 worth $1,826,930,000 after acquiring an additional 1,642,907 shares during the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Stock Performance

Walt Disney stock opened at $112.97 on Thursday. The firm has a market capitalization of $203.11 billion, a P/E ratio of 17.71, a PEG ratio of 1.66 and a beta of 1.54. The stock has a fifty day moving average price of $116.50 and a 200 day moving average price of $109.77. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

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

Analyst Upgrades and Downgrades

DIS has been the subject of a number of analyst reports. Barclays boosted their price target on Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a report on Wednesday, July 9th. Morgan Stanley boosted their price target on Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a report on Monday, August 4th. Needham & Company LLC reissued a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a report on Tuesday, September 23rd. Keefe, Bruyette & Woods reissued a "market perform" rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Raymond James Financial reissued 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 given a Hold rating to the company's stock. Based on data from MarketBeat.com, Walt Disney currently has an average rating of "Moderate Buy" and a consensus target price of $131.18.

About Walt Disney

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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