The Walt Disney Company (NYSE:DIS) Shares Purchased by Cooke & Bieler LP

Cooke & Bieler LP lifted its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 37.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 901,141 shares of the entertainment giant's stock after purchasing an additional 244,733 shares during the quarter. Cooke & Bieler LP's holdings in Walt Disney were worth $88,943,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of DIS. Planning Directions Inc. bought a new stake in shares of Walt Disney in the first quarter valued at about $326,000. Trek Financial LLC lifted its position in shares of Walt Disney by 479.9% during the fourth quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock valued at $4,044,000 after buying an additional 30,057 shares during the last quarter. WoodTrust Financial Corp lifted its position in shares of Walt Disney by 6.7% during the first quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant's stock valued at $9,491,000 after buying an additional 6,047 shares during the last quarter. Bank of Stockton lifted its position in shares of Walt Disney by 4.4% during the first quarter. Bank of Stockton now owns 9,091 shares of the entertainment giant's stock valued at $897,000 after buying an additional 383 shares during the last quarter. Finally, Rheos Capital Works Inc. lifted its position in shares of Walt Disney by 164.7% during the first quarter. Rheos Capital Works Inc. now owns 395,400 shares of the entertainment giant's stock valued at $39,026,000 after buying an additional 246,000 shares during the last quarter. Institutional investors own 65.71% of the company's stock.

Analyst Ratings Changes

A number of analysts recently commented on DIS shares. Barclays lifted their target price on shares of Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 9th. Citigroup raised their price objective on Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a research report on Wednesday, July 9th. UBS Group lifted their target price on Walt Disney from $120.00 to $138.00 and gave the company a "buy" rating in a research report on Wednesday. Guggenheim boosted their target price on Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a report on Friday, June 27th. Finally, Wolfe Research upgraded Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective on the stock in a research report on Monday, April 21st. Five equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $128.13.

Insider Buying and Selling

In related news, EVP Brent Woodford sold 1,000 shares of the firm's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the transaction, the executive vice president owned 46,831 shares of the company's stock, valued at $5,190,748.04. This trade represents a 2.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.16% of the stock is owned by corporate insiders.

Walt Disney Price Performance

Shares of NYSE:DIS traded up $2.41 during midday trading on Thursday, reaching $122.23. 9,930,121 shares of the company were exchanged, compared to its average volume of 9,997,598. The stock has a market cap of $219.74 billion, a PE ratio of 25.00, a price-to-earnings-growth ratio of 1.75 and a beta of 1.56. The business's fifty day moving average is $116.35 and its two-hundred day moving average is $106.86. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.34. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping the consensus estimate of $1.21 by $0.24. The company had revenue of $23.62 billion for the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. The firm's revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.21 EPS. As a group, analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

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.