Varma Mutual Pension Insurance Co Raises Stock Position in The Walt Disney Company $DIS

Key Points

• Varma Mutual Pension Insurance Co increased its stake in The Walt Disney Company (DIS) by 2.0% in Q4 to 290,594 shares, adding 5,700 shares and bringing its holding to about $33.06 million.
• Disney recently beat expectations, reporting $1.63 EPS vs. $1.57 expected and $25.98 billion in revenue (up 5.2% YoY); analysts hold a "Moderate Buy" consensus with an average target of $133.53 (17 buys, 5 holds, 1 sell).

Varma Mutual Pension Insurance Co raised its position in The Walt Disney Company (NYSE:DIS - Free Report) by 2.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 290,594 shares of the entertainment giant's stock after buying an additional 5,700 shares during the period. Varma Mutual Pension Insurance Co's holdings in Walt Disney were worth $33,061,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pinnacle Bancorp Inc. increased its holdings in Walt Disney by 1.5% in the fourth quarter. Pinnacle Bancorp Inc. now owns 5,876 shares of the entertainment giant's stock valued at $669,000 after buying an additional 89 shares in the last quarter. Jim Saulnier & Associates LLC increased its holdings in Walt Disney by 3.1% in the third quarter. Jim Saulnier & Associates LLC now owns 2,995 shares of the entertainment giant's stock valued at $343,000 after buying an additional 90 shares in the last quarter. CFO4Life Group LLC increased its holdings in Walt Disney by 1.2% in the third quarter. CFO4Life Group LLC now owns 7,894 shares of the entertainment giant's stock valued at $904,000 after buying an additional 92 shares in the last quarter. Stonebrook Private Inc. increased its holdings in Walt Disney by 4.1% in the third quarter. Stonebrook Private Inc. now owns 2,357 shares of the entertainment giant's stock valued at $270,000 after buying an additional 92 shares in the last quarter. Finally, Y.D. More Investments Ltd increased its holdings in Walt Disney by 21.9% in the third quarter. Y.D. More Investments Ltd now owns 524 shares of the entertainment giant's stock valued at $60,000 after buying an additional 94 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company's stock.

Walt Disney Stock Performance

DIS opened at $103.18 on Monday. The firm has a market capitalization of $182.79 billion, a PE ratio of 15.17, a PEG ratio of 1.44 and a beta of 1.41. The Walt Disney Company has a twelve month low of $89.61 and a twelve month high of $124.69. The firm's 50-day moving average price is $100.85 and its 200 day moving average price is $106.73. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.31.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings results on Monday, February 2nd. The entertainment giant reported $1.63 earnings per share for the quarter, topping analysts' consensus estimates of $1.57 by $0.06. Walt Disney had a net margin of 12.80% and a return on equity of 8.90%. The firm had revenue of $25.98 billion for the quarter, compared to analyst estimates of $25.54 billion. During the same period in the previous year, the business posted $1.40 earnings per share. Walt Disney's quarterly revenue was up 5.2% on a year-over-year basis. As a group, sell-side analysts expect that The Walt Disney Company will post 6.61 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on DIS shares. UBS Group reaffirmed a "mixed" rating on shares of Walt Disney in a report on Monday, February 2nd. Jefferies Financial Group dropped their target price on shares of Walt Disney from $136.00 to $132.00 and set a "buy" rating on the stock in a research report on Tuesday, February 3rd. Weiss Ratings upgraded shares of Walt Disney from a "hold (c)" rating to a "hold (c+)" rating in a research report on Wednesday. Guggenheim dropped their target price on shares of Walt Disney from $140.00 to $115.00 and set a "buy" rating on the stock in a research report on Wednesday, March 18th. Finally, Wells Fargo & Company dropped their target price on shares of Walt Disney from $150.00 to $148.00 and set an "overweight" rating on the stock in a research report on Friday, March 27th. Seventeen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $133.53.

Walt Disney Profile

The Walt Disney Company NYSE: DIS, commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney's operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.

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