The Walt Disney Company (NYSE:DIS) Holdings Boosted by Whelan Financial

Whelan Financial boosted its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 160.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,753 shares of the entertainment giant's stock after purchasing an additional 3,542 shares during the period. Walt Disney makes up 0.2% of Whelan Financial's portfolio, making the stock its 29th biggest position. Whelan Financial's holdings in Walt Disney were worth $568,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DIS. Mpwm Advisory Solutions LLC acquired a new stake in shares of Walt Disney during the fourth quarter valued at about $27,000. Kessler Investment Group LLC increased its holdings in Walt Disney by 274.0% during the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after purchasing an additional 200 shares during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Walt Disney in the 4th quarter valued at approximately $32,000. Copia Wealth Management purchased a new position in shares of Walt Disney during the 4th quarter valued at approximately $36,000. Finally, Vermillion Wealth Management Inc. acquired a new stake in shares of Walt Disney in the 4th quarter valued at about $39,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Wall Street Analyst Weigh In

DIS has been the topic of several research reports. Morgan Stanley upped their price target on Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a research report on Thursday, May 8th. Rosenblatt Securities raised their price target on shares of Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a research report on Tuesday, June 3rd. UBS Group increased their price objective on shares of Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Loop Capital lifted their target price on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, June 10th. Finally, Barclays increased 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. Five research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Walt Disney presently has an average rating of "Moderate Buy" and a consensus target price of $125.83.

Walt Disney Price Performance

Shares of DIS traded down $0.58 during mid-day trading on Monday, hitting $123.42. The company's stock had a trading volume of 2,255,189 shares, compared to its average volume of 10,108,842. 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 has a 50-day moving average price of $111.87 and a 200 day moving average price of $106.30. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69. The stock has a market capitalization of $221.88 billion, a price-to-earnings ratio of 25.23, a PEG ratio of 1.81 and a beta of 1.56.

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

Insider Activity at Walt Disney

In related news, EVP Brent Woodford sold 1,000 shares of the stock in a transaction 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 owned 46,831 shares in the company, valued at $5,190,748.04. This trade represents a 2.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.16% of the stock is currently owned by corporate insiders.

Walt Disney Company 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.