Financiere des Professionnels Fonds d investissement inc. Buys 5,203 Shares of The Walt Disney Company (NYSE:DIS)

Financiere des Professionnels Fonds d investissement inc. grew its position in The Walt Disney Company (NYSE:DIS - Free Report) by 8.4% in the first quarter, according to its most recent filing with the SEC. The fund owned 67,004 shares of the entertainment giant's stock after acquiring an additional 5,203 shares during the period. Financiere des Professionnels Fonds d investissement inc.'s holdings in Walt Disney were worth $6,613,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of DIS. Sierra Ocean LLC raised its position in Walt Disney by 4.3% in the first quarter. Sierra Ocean LLC now owns 3,578 shares of the entertainment giant's stock valued at $353,000 after purchasing an additional 147 shares during the last quarter. Core Alternative Capital raised its holdings in Walt Disney by 71.0% in the 1st quarter. Core Alternative Capital now owns 542 shares of the entertainment giant's stock valued at $53,000 after buying an additional 225 shares during the last quarter. Whelan Financial raised its holdings in Walt Disney by 160.2% in the 1st quarter. Whelan Financial now owns 5,753 shares of the entertainment giant's stock valued at $568,000 after buying an additional 3,542 shares during the last quarter. Adell Harriman & Carpenter Inc. raised its holdings in Walt Disney by 4.4% in the 1st quarter. Adell Harriman & Carpenter Inc. now owns 15,387 shares of the entertainment giant's stock valued at $1,519,000 after buying an additional 647 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its holdings in Walt Disney by 8.3% in the 1st quarter. Concurrent Investment Advisors LLC now owns 69,725 shares of the entertainment giant's stock valued at $6,882,000 after buying an additional 5,367 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Up 0.8%

DIS traded up $1.00 during midday trading on Friday, hitting $123.98. The company had a trading volume of 4,252,305 shares, compared to its average volume of 10,043,772. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $222.88 billion, a price-to-earnings ratio of 25.35, a PEG ratio of 1.81 and a beta of 1.56. The stock's 50 day moving average price is $111.87 and its 200 day moving average price is $106.34.

Walt Disney (NYSE:DIS - Get Free Report) last issued its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating analysts' consensus estimates of $1.21 by $0.24. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The business had revenue of $23.62 billion during the quarter, compared to analyst estimates of $23.15 billion. During the same period in the previous year, the company posted $1.21 EPS. The firm's revenue was up 7.0% compared to the same quarter last year. On average, research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on DIS shares. Wolfe Research raised shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price target for the company in a research note on Monday, April 21st. Guggenheim raised their target price on Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a research report on Friday, June 27th. Rosenblatt Securities raised their target price on Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a research report on Tuesday, June 3rd. UBS Group raised their price objective on Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Finally, Jefferies Financial Group upgraded Walt Disney from a "hold" rating to a "buy" rating and raised their price objective for the stock from $100.00 to $144.00 in a research report on Monday, June 30th. Five research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $125.83.

Insider Activity at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the business's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the sale, the executive vice president owned 46,831 shares in the company, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.16% of the stock is currently owned by corporate insiders.

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.