EULAV Asset Management Purchases 5,000 Shares of The Walt Disney Company (NYSE:DIS)

EULAV Asset Management lifted its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 20.0% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor 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 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Mpwm Advisory Solutions LLC bought a new position in shares of Walt Disney during the fourth quarter worth $27,000. Kessler Investment Group LLC lifted its stake in Walt Disney by 274.0% in the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after purchasing an additional 200 shares in the last quarter. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Walt Disney during the 4th quarter valued at about $32,000. Copia Wealth Management purchased a new position in shares of Walt Disney during the fourth quarter valued at about $36,000. Finally, Vermillion Wealth Management Inc. bought a new stake in shares of Walt Disney in the fourth quarter worth about $39,000. Institutional investors own 65.71% of the company's stock.

Walt Disney Trading Down 1.0%

Shares of NYSE DIS traded down $1.25 during trading hours on Tuesday, reaching $121.91. The stock had a trading volume of 6,619,041 shares, compared to its average volume of 10,025,511. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The firm has a market cap of $219.16 billion, a price-to-earnings ratio of 24.93, a P/E/G ratio of 1.80 and a beta of 1.56. The business's fifty day moving average price is $112.53 and its two-hundred day moving average price is $106.38. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.34.

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

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Barclays raised their price target 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 boosted their price target on shares of Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Morgan Stanley upped their price target on shares of Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Wolfe Research raised shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective for the company in a research note on Monday, April 21st. 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 issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $125.83.

Insider Transactions at Walt Disney

In related news, EVP Brent Woodford sold 1,000 shares of the business's 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 completion of the transaction, the executive vice president owned 46,831 shares of the company's stock, valued at $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.16% of the stock is currently owned by insiders.

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.