The Walt Disney Company (NYSE:DIS) Shares Acquired by Boston Partners

Key Points

• Boston Partners increased its holdings in The Walt Disney Company by 19.2%, acquiring an additional 604,984 shares in the first quarter, bringing their total to approximately 3.76 million shares valued at $368.5 million.
• Various hedge funds have also adjusted their positions in Walt Disney, with notable increases including J. Safra Sarasin Holding AG (8.1% increase) and Rheos Capital Works Inc. (164.7% increase).
• Analysts have mixed ratings on Disney, with the company currently holding an average rating of "Moderate Buy" and a consensus price target of $131.18, reflecting a positive outlook amidst recent performance reports.

Boston Partners lifted its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 19.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,758,291 shares of the entertainment giant's stock after purchasing an additional 604,984 shares during the period. Boston Partners owned about 0.21% of Walt Disney worth $368,527,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. J. Safra Sarasin Holding AG increased its position in shares of 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 in the last quarter. Planning Directions Inc. acquired a new stake in shares of Walt Disney during the first quarter worth about $326,000. WoodTrust Financial Corp increased its position in Walt Disney by 6.7% in the 1st quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant's stock valued at $9,491,000 after acquiring an additional 6,047 shares during the period. Bank of Stockton increased its position in Walt Disney by 4.4% in the 1st quarter. Bank of Stockton now owns 9,091 shares of the entertainment giant's stock valued at $897,000 after acquiring an additional 383 shares during the period. Finally, Rheos Capital Works Inc. increased its position in Walt Disney by 164.7% in the 1st quarter. Rheos Capital Works Inc. now owns 395,400 shares of the entertainment giant's stock valued at $39,026,000 after acquiring an additional 246,000 shares during the period. Institutional investors and hedge funds own 65.71% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Wall Street Zen cut Walt Disney from a "strong-buy" rating to a "buy" rating in a research report on Sunday, July 20th. Guggenheim boosted their price target on Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a research report on Friday, June 27th. Citigroup boosted their price target on Walt Disney from $125.00 to $140.00 and gave the company a "buy" rating in a research report on Wednesday, July 9th. Raymond James Financial restated a "neutral" rating on shares of Walt Disney in a research report on Monday. Finally, JPMorgan Chase & Co. boosted their price target on Walt Disney from $130.00 to $138.00 and gave the company an "overweight" rating in a research report on Tuesday, July 29th. Eight investment analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Walt Disney currently has an average rating of "Moderate Buy" and a consensus price target of $131.18.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $113.82 on Wednesday. The business's 50 day simple moving average is $119.16 and its 200-day simple moving average is $108.02. The firm has a market capitalization of $204.64 billion, a price-to-earnings ratio of 17.84, a price-to-earnings-growth ratio of 1.63 and a beta of 1.56. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping the consensus estimate of $1.45 by $0.16. The business had revenue of $23.65 billion for 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 company's quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.39 EPS. As a group, equities 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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