The Walt Disney Company (NYSE:DIS) Shares Bought by Woodline Partners LP

Woodline Partners LP raised its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 7.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 319,066 shares of the entertainment giant's stock after purchasing an additional 21,628 shares during the quarter. Woodline Partners LP's holdings in Walt Disney were worth $35,528,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. FPC Investment Advisory Inc. acquired a new position in Walt Disney in the fourth quarter valued at approximately $28,000. Tacita Capital Inc increased its holdings in shares of Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after purchasing an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Walt Disney in the 4th quarter valued at $32,000. Midwest Capital Advisors LLC purchased a new stake in Walt Disney during the fourth quarter worth $34,000. Finally, Bay Harbor Wealth Management LLC acquired a new stake in Walt Disney during the fourth quarter valued at $35,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DIS has been the topic of several recent analyst reports. Prescient Securities lowered their target price on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a research note on Tuesday, February 4th. UBS Group increased their price target on Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Citigroup reissued a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. Barclays upped their target price on Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a research note on Thursday, May 8th. Finally, Loop Capital lifted their price target on shares of Walt Disney from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Six investment 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 company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $123.54.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the transaction, the executive vice president now directly owns 46,831 shares in the company, valued at approximately $5,190,748.04. This represents a 2.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.16% of the company's stock.

Walt Disney Stock Down 0.3%

NYSE DIS opened at $112.30 on Wednesday. The business's fifty day simple moving average is $95.21 and its 200-day simple moving average is $105.02. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The firm has a market cap of $201.89 billion, a PE ratio of 36.58, a P/E/G ratio of 1.80 and a beta of 1.49. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $118.63.

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, topping analysts' consensus estimates 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 6.07% and a return on equity of 9.95%. Walt Disney's quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.21 earnings per share. As a group, equities analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Company 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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