The Walt Disney Company $DIS Shares Purchased by Dynamic Technology Lab Private Ltd

Key Points

• Dynamic Technology Lab Private Ltd increased its holdings in The Walt Disney Company by 663.7% in Q1, acquiring an additional 29,668 shares and making it their 10th largest position.
• A number of institutional investors, including J. Safra Sarasin Holding AG and WoodTrust Financial Corp, have also boosted their stakes in Disney, reflecting a strong interest from institutional investors with 65.71% of the stock owned by such entities.
• Walt Disney recently reported $1.61 EPS for the quarter, exceeding analyst expectations by $0.16, with revenue rising 2.1% year-over-year despite falling slightly short of estimates.

Dynamic Technology Lab Private Ltd raised its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 663.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,138 shares of the entertainment giant's stock after acquiring an additional 29,668 shares during the quarter. Walt Disney comprises approximately 0.5% of Dynamic Technology Lab Private Ltd's holdings, making the stock its 10th largest position. Dynamic Technology Lab Private Ltd's holdings in Walt Disney were worth $3,369,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in DIS. J. Safra Sarasin Holding AG boosted its holdings in shares of Walt Disney by 8.1% during the 1st quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant's stock worth $21,983,000 after buying an additional 16,781 shares during the period. Planning Directions Inc. bought a new stake in shares of Walt Disney during the 1st quarter worth $326,000. WoodTrust Financial Corp boosted its holdings in shares of Walt Disney by 6.7% during the 1st 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 during the period. Bank of Stockton boosted its holdings in shares of Walt Disney by 4.4% during the 1st quarter. Bank of Stockton now owns 9,091 shares of the entertainment giant's stock worth $897,000 after buying an additional 383 shares during the period. Finally, Lodge Hill Capital LLC bought a new stake in shares of Walt Disney during the 1st quarter worth $24,373,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DIS has been the subject of several recent analyst reports. Wall Street Zen downgraded shares of Walt Disney from a "strong-buy" rating to a "buy" rating in a report on Sunday, July 20th. Chardan Capital reiterated a "buy" rating on shares of Walt Disney in a research note on Monday, August 11th. Keefe, Bruyette & Woods reiterated a "market perform" rating on shares of Walt Disney in a research note on Monday, August 11th. Rosenblatt Securities upped their target price on shares of Walt Disney from $140.00 to $141.00 and gave the company a "buy" rating in a research note on Monday, August 11th. Finally, JPMorgan Chase & Co. upped their target price on shares of Walt Disney from $130.00 to $138.00 and gave the company an "overweight" rating in a research note on Tuesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, Walt Disney has an average rating of "Moderate Buy" and a consensus target price of $131.18.

Walt Disney Trading Down 0.7%

Shares of DIS stock opened at $117.93 on Friday. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The stock has a market cap of $212.03 billion, a price-to-earnings ratio of 18.48, a P/E/G ratio of 1.71 and a beta of 1.55. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The firm has a fifty day moving average of $119.01 and a 200-day moving average of $108.78.

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

Walt Disney 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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