Gilman Hill Asset Management LLC Acquires 15,574 Shares of The Walt Disney Company (NYSE:DIS)

Gilman Hill Asset Management LLC boosted its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 45.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 49,490 shares of the entertainment giant's stock after buying an additional 15,574 shares during the quarter. Gilman Hill Asset Management LLC's holdings in Walt Disney were worth $4,885,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new position in shares of Walt Disney in the 4th quarter valued at $2,415,427,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its holdings in shares of Walt Disney by 1,900.0% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 5,735,961 shares of the entertainment giant's stock worth $638,699,000 after buying an additional 5,449,158 shares during the period. Arrowstreet Capital Limited Partnership increased its position in shares of Walt Disney by 75.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 10,858,108 shares of the entertainment giant's stock worth $1,209,050,000 after acquiring an additional 4,680,930 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Walt Disney during the fourth quarter valued at approximately $358,151,000. Finally, Boston Partners purchased a new stake in shares of Walt Disney in the 4th quarter valued at approximately $350,707,000. Institutional investors own 65.71% of the company's stock.

Insider Activity at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction that occurred 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 sale, the executive vice president now owns 46,831 shares of the company's stock, valued at approximately $5,190,748.04. This trade represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.16% of the stock is owned by corporate insiders.

Walt Disney Stock Performance

Shares of NYSE DIS traded up $1.42 during trading hours on Friday, hitting $113.95. 5,786,189 shares of the stock were exchanged, compared to its average volume of 10,016,980. The firm has a market capitalization of $204.85 billion, a P/E ratio of 37.12, a P/E/G ratio of 1.80 and a beta of 1.49. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The Walt Disney Company has a one year low of $80.10 and a one year high of $118.63. The company's 50 day moving average is $98.14 and its 200 day moving average is $105.80.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly 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 during the quarter, compared to analyst estimates of $23.15 billion. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The company's quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.21 earnings per share. On average, research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Ratings Changes

DIS has been the topic of several recent analyst reports. Loop Capital boosted their target price 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. UBS Group increased their price objective on Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Barclays lifted their target price on Walt Disney from $115.00 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 target for the company in a research report on Monday, April 21st. Finally, Guggenheim lowered their price objective on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Six equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $123.75.

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.