The Walt Disney Company $DIS Shares Purchased by Chicago Capital LLC

Key Points

• Chicago Capital LLC increased its stake in The Walt Disney Company by 21.3% during the second quarter, owning a total of 25,232 shares valued at approximately $3.13 million.
• Walt Disney reported a quarterly EPS of $1.61, surpassing analysts' expectations of $1.45, and generated $23.65 billion in revenue, slightly below the projected $23.69 billion.
• Recent analyst evaluations have seen price targets for Disney raised to as high as $140.00, with a consensus rating of "Moderate Buy."

Chicago Capital LLC increased its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 21.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 25,232 shares of the entertainment giant's stock after purchasing an additional 4,438 shares during the quarter. Chicago Capital LLC's holdings in Walt Disney were worth $3,129,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. J. Safra Sarasin Holding AG raised its holdings in Walt Disney by 8.1% during the first quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant's stock worth $21,983,000 after purchasing an additional 16,781 shares during the last quarter. Planning Directions Inc. acquired a new position in Walt Disney during the first quarter worth $326,000. Kingstone Capital Partners Texas LLC acquired a new position in Walt Disney during the second quarter worth $4,220,599,000. Wedge Capital Management L L P NC increased its position in Walt Disney by 8,744.0% during the second quarter. Wedge Capital Management L L P NC now owns 320,329 shares of the entertainment giant's stock worth $39,724,000 after buying an additional 316,707 shares in the last quarter. Finally, WoodTrust Financial Corp increased its position in Walt Disney by 6.7% during the first quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant's stock worth $9,491,000 after buying an additional 6,047 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Trading Up 1.2%

Shares of DIS opened at $114.78 on Tuesday. The stock's 50-day moving average is $116.83 and its two-hundred day moving average is $109.72. The stock has a market cap of $206.37 billion, a PE ratio of 17.99, a P/E/G ratio of 1.64 and a beta of 1.55. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66.

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

Analysts Set New Price Targets

DIS has been the subject of several recent research reports. Morgan Stanley raised their price target on Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a research report on Monday, August 4th. Keefe, Bruyette & Woods reissued a "market perform" rating on shares of Walt Disney in a research report on Monday, August 11th. Citigroup raised their price target on Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. Raymond James Financial reissued a "neutral" rating on shares of Walt Disney in a research report on Monday, August 11th. Finally, Wall Street Zen downgraded Walt Disney from a "strong-buy" rating to a "buy" rating in a research report on Sunday, July 20th. Nineteen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, Walt Disney presently has a consensus rating of "Moderate Buy" and a consensus 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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