World Investment Advisors Acquires 5,614 Shares of The Walt Disney Company (NYSE:DIS)

World Investment Advisors boosted its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 7.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,292 shares of the entertainment giant's stock after purchasing an additional 5,614 shares during the period. World Investment Advisors' holdings in Walt Disney were worth $7,530,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of DIS. Brighton Jones LLC grew its position in shares of Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock valued at $2,980,000 after acquiring an additional 1,904 shares during the period. Proficio Capital Partners LLC grew its position in shares of Walt Disney by 13.6% in the 4th quarter. Proficio Capital Partners LLC now owns 16,815 shares of the entertainment giant's stock valued at $1,872,000 after acquiring an additional 2,016 shares during the period. E Fund Management Co. Ltd. grew its position in shares of Walt Disney by 64.1% in the 4th quarter. E Fund Management Co. Ltd. now owns 4,483 shares of the entertainment giant's stock valued at $499,000 after acquiring an additional 1,751 shares during the period. Ashton Thomas Private Wealth LLC lifted its stake in shares of Walt Disney by 0.9% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 20,286 shares of the entertainment giant's stock worth $2,269,000 after buying an additional 178 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in shares of Walt Disney by 32.4% during the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,592 shares of the entertainment giant's stock worth $957,000 after buying an additional 2,101 shares during the last quarter. Institutional investors own 65.71% of the company's stock.

Insider Activity

In related news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction that occurred 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 sale, the executive vice president directly 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 position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.16% of the company's stock.

Walt Disney Price Performance

Shares of Walt Disney stock traded down $1.25 during midday trading on Tuesday, hitting $121.91. 6,619,041 shares of the company traded hands, compared to its average volume of 10,025,511. The stock has a market cap of $219.16 billion, a price-to-earnings ratio of 24.93, a PEG ratio of 1.80 and a beta of 1.56. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.67. The firm's fifty day moving average price is $112.53 and its 200-day moving average price is $106.38. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last announced 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 analyst estimates of $23.15 billion. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. The firm's revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.21 EPS. As a group, sell-side analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently issued reports on DIS shares. Barclays raised their target price on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a research note on Thursday, May 8th. Rosenblatt Securities raised their target price on shares of Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a research note on Tuesday, June 3rd. Needham & Company LLC restated a "buy" rating and set a $125.00 target price on shares of Walt Disney in a research note on Thursday, May 8th. Morgan Stanley lifted their price objective on shares of Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a research note on Thursday, May 8th. Finally, UBS Group lifted 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. Five investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Walt Disney presently has an average rating of "Moderate Buy" and a consensus target price of $125.83.

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.