Van Cleef Asset Management Inc Has $8.48 Million Stake in The Walt Disney Company (NYSE:DIS)

Van Cleef Asset Management Inc lifted its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 3.5% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 85,960 shares of the entertainment giant's stock after purchasing an additional 2,892 shares during the quarter. Walt Disney accounts for approximately 1.0% of Van Cleef Asset Management Inc's holdings, making the stock its 23rd largest position. Van Cleef Asset Management Inc's holdings in Walt Disney were worth $8,484,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Planning Directions Inc. bought a new stake in Walt Disney in the first quarter worth about $326,000. Trek Financial LLC lifted its stake in Walt Disney by 479.9% during the fourth quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock valued at $4,044,000 after purchasing an additional 30,057 shares during the last quarter. WoodTrust Financial Corp lifted its stake in Walt Disney by 6.7% during the first quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant's stock valued at $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 1st quarter. Bank of Stockton now owns 9,091 shares of the entertainment giant's stock valued at $897,000 after acquiring an additional 383 shares during the last quarter. Finally, Rheos Capital Works Inc. grew its holdings in shares of Walt Disney by 164.7% in the 1st quarter. Rheos Capital Works Inc. now owns 395,400 shares of the entertainment giant's stock worth $39,026,000 after acquiring an additional 246,000 shares during the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on DIS shares. Loop Capital increased their price target on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Tuesday, June 10th. UBS Group upped their price objective on shares of Walt Disney from $105.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Rosenblatt Securities boosted their price target on shares of Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a report on Tuesday, June 3rd. Guggenheim raised their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a research note on Friday, June 27th. Finally, Needham & Company LLC reissued a "buy" rating and set a $125.00 target price on shares of Walt Disney in a research note on Thursday, May 8th. Five analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $127.35.

Walt Disney Stock Performance

NYSE:DIS traded down $1.74 during midday trading on Friday, reaching $119.82. The stock had a trading volume of 6,107,624 shares, compared to its average volume of 9,997,241. The stock has a market capitalization of $215.41 billion, a P/E ratio of 24.50, a PEG ratio of 1.76 and a beta of 1.56. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.67 and a quick ratio of 0.61. The firm's fifty day simple moving average is $114.35 and its 200-day simple moving average is $106.65.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.24. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The business had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. During the same period in the previous year, the company posted $1.21 earnings per share. The firm's revenue for the quarter was up 7.0% on a year-over-year basis. On average, equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Insider Buying and Selling at Walt Disney

In related news, EVP Brent Woodford sold 1,000 shares of the business's stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total transaction of $110,840.00. Following the transaction, the executive vice president owned 46,831 shares of the company's stock, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.16% of the company's stock.

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.