Vanguard Personalized Indexing Management LLC Buys 14,127 Shares of The Walt Disney Company $DIS

Key Points

• Vanguard Personalized Indexing Management LLC has increased its holdings in The Walt Disney Company by 8.6% in Q2, now owning a total of 179,348 shares valued at approximately $22.27 million.
• The Walt Disney Company recently reported a quarterly earnings per share of $1.61, surpassing estimates, with a revenue of $23.65 billion, just shy of forecasts.
• Wall Street analysts show a positive outlook for Disney, with 19 analysts giving a "Buy" rating and an average target price of $131.18 for the stock.

Vanguard Personalized Indexing Management LLC raised its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 8.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 179,348 shares of the entertainment giant's stock after buying an additional 14,127 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in Walt Disney were worth $22,266,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. J. Safra Sarasin Holding AG raised its stake in Walt Disney by 8.1% in the first quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant's stock valued at $21,983,000 after buying an additional 16,781 shares during the last quarter. Planning Directions Inc. purchased a new stake in Walt Disney in the first quarter valued at about $326,000. Kingstone Capital Partners Texas LLC purchased a new stake in Walt Disney in the second quarter valued at about $4,220,599,000. Wedge Capital Management L L P NC raised its stake in Walt Disney by 8,744.0% in the second quarter. Wedge Capital Management L L P NC now owns 320,329 shares of the entertainment giant's stock valued at $39,724,000 after buying an additional 316,707 shares during the last quarter. Finally, WoodTrust Financial Corp raised its stake in Walt Disney by 6.7% in the first quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant's stock valued at $9,491,000 after buying an additional 6,047 shares during the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Stock Down 1.6%

Shares of DIS stock opened at $109.17 on Friday. The stock has a 50 day moving average of $115.36 and a 200 day moving average of $110.41. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The stock has a market cap of $196.27 billion, a P/E ratio of 17.11, a P/E/G ratio of 1.43 and a beta of 1.54. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.16. The company had revenue of $23.65 billion during the quarter, compared to analysts' expectations of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.Walt Disney's quarterly revenue was up 2.1% on a year-over-year basis. During the same period last year, the business earned $1.39 earnings per share. As a group, sell-side analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Needham & Company LLC reiterated a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a research note on Tuesday, September 23rd. Jefferies Financial Group downgraded Walt Disney from a "strong-buy" rating to a "hold" rating in a report on Monday, August 11th. Rosenblatt Securities lifted their target price on Walt Disney from $140.00 to $141.00 and gave the stock a "buy" rating in a report on Monday, August 11th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Walt Disney in a research note on Wednesday. Finally, Raymond James Financial reiterated a "neutral" rating on shares of Walt Disney in a research note on Monday, August 11th. Nineteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $131.18.

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.

Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Walt Disney Company (NYSE:DIS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.