9,282 Shares in The Walt Disney Company (NYSE:DIS) Bought by Thoma Capital Management LLC

Thoma Capital Management LLC purchased a new position in The Walt Disney Company (NYSE:DIS - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 9,282 shares of the entertainment giant's stock, valued at approximately $1,034,000. Walt Disney accounts for about 0.7% of Thoma Capital Management LLC's investment portfolio, making the stock its 19th largest position.

Several other hedge funds also recently made changes to their positions in DIS. Norges Bank bought a new stake in Walt Disney in the fourth quarter worth $2,415,427,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake 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 purchasing an additional 5,449,158 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake 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 purchasing an additional 4,680,930 shares during the last quarter. Jennison Associates LLC raised its stake in shares of Walt Disney by 23.4% in the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant's stock worth $2,137,637,000 after purchasing an additional 3,636,742 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Walt Disney in the fourth quarter worth $358,151,000. 65.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Walt Disney

In related news, EVP Brent Woodford sold 1,000 shares of the stock in a transaction that occurred on Tuesday, May 13th. The stock was 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 now directly owns 46,831 shares in the company, valued at approximately $5,190,748.04. This represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.16% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on DIS. Morgan Stanley increased their target price on Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Needham & Company LLC restated a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a research report on Thursday, May 8th. Barclays upped their price target on Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Rosenblatt Securities restated a "buy" rating and issued a $135.00 price target on shares of Walt Disney in a research report on Monday, February 10th. Finally, Prescient Securities reduced their price target on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. 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 stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $123.54.

Walt Disney Stock Performance

Walt Disney stock traded up $1.03 during trading hours on Friday, hitting $113.05. 12,878,557 shares of the stock traded hands, compared to its average volume of 10,067,011. 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 firm's 50 day moving average price is $97.05 and its 200-day moving average price is $105.63. The stock has a market capitalization of $203.24 billion, a price-to-earnings ratio of 36.82, a P/E/G ratio of 1.80 and a beta of 1.49. The Walt Disney Company has a 1 year low of $80.10 and a 1 year 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 firm had revenue of $23.62 billion for the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The company's revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.21 earnings per share. As a group, equities analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal 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.