EULAV Asset Management Raises Position in The Walt Disney Company (NYSE:DIS)

EULAV Asset Management increased its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 20.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,000 shares of the entertainment giant's stock after buying an additional 5,000 shares during the quarter. EULAV Asset Management's holdings in Walt Disney were worth $2,961,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. 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 worth $4,044,000 after purchasing 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 worth $9,491,000 after purchasing 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 worth $897,000 after purchasing an additional 383 shares during the last quarter. 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 worth $39,026,000 after purchasing an additional 246,000 shares during the last quarter. Finally, Merit Financial Group LLC lifted its position in shares of Walt Disney by 47.0% during the first quarter. Merit Financial Group LLC now owns 57,172 shares of the entertainment giant's stock worth $5,643,000 after purchasing an additional 18,272 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Insider Activity at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the sale, the executive vice president directly owned 46,831 shares of the company's stock, valued at approximately $5,190,748.04. This represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 0.16% of the company's stock.

Walt Disney Trading Down 0.7%

Shares of NYSE DIS traded down $0.83 during mid-day trading on Monday, reaching $123.17. 6,973,733 shares of the company's stock were exchanged, compared to its average volume of 10,031,586. The firm has a market capitalization of $221.43 billion, a price-to-earnings ratio of 25.19, a PEG ratio of 1.81 and a beta of 1.56. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.67. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The company's 50-day moving average is $111.87 and its 200-day moving average is $106.30.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings data 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 net margin of 9.47% and a return on equity of 9.99%. The company had revenue of $23.62 billion for the quarter, compared to the consensus estimate of $23.15 billion. During the same period in the prior year, the firm posted $1.21 EPS. The company's quarterly revenue was up 7.0% compared to the same quarter last year. Analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently weighed in on DIS shares. Barclays lifted their price objective on Walt Disney from $115.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. UBS Group lifted their price objective on Walt Disney from $105.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Wolfe Research upgraded Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective for the company in a report on Monday, April 21st. Loop Capital lifted their price objective on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a report on Tuesday, June 10th. Finally, Jefferies Financial Group upgraded shares of Walt Disney from a "hold" rating to a "buy" rating and boosted their target price for the stock from $100.00 to $144.00 in a report on Monday, June 30th. Five equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $125.83.

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.