The Walt Disney Company (NYSE:DIS) Shares Bought by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC lifted its position in The Walt Disney Company (NYSE:DIS - Free Report) by 71.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 307,843 shares of the entertainment giant's stock after purchasing an additional 128,061 shares during the quarter. Schonfeld Strategic Advisors LLC's holdings in Walt Disney were worth $34,278,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in Walt Disney in the fourth quarter worth $2,415,427,000. Arrowstreet Capital Limited Partnership lifted its position in shares of Walt Disney by 75.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 10,858,108 shares of the entertainment giant's stock worth $1,209,050,000 after purchasing an additional 4,680,930 shares during the last quarter. Jennison Associates LLC lifted its position in shares of Walt Disney by 23.4% during the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant's stock worth $2,137,637,000 after purchasing an additional 3,636,742 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Walt Disney during the fourth quarter worth $358,151,000. Finally, Boston Partners bought a new stake in shares of Walt Disney during the fourth quarter worth $350,707,000. 65.71% of the stock is owned by institutional investors.

Walt Disney Stock Performance

Shares of Walt Disney stock traded down $0.19 on Wednesday, reaching $90.98. 8,466,852 shares of the stock were exchanged, compared to its average volume of 10,104,266. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $118.63. The firm has a market capitalization of $164.47 billion, a price-to-earnings ratio of 29.64, a PEG ratio of 1.80 and a beta of 1.44. The business has a 50 day moving average price of $95.85 and a two-hundred day moving average price of $104.11.

Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping analysts' consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on DIS shares. Citigroup reiterated a "buy" rating and set a $125.00 target price on shares of Walt Disney in a research report on Wednesday, January 22nd. Redburn Atlantic upgraded Walt Disney from a "neutral" rating to a "buy" rating and raised their price target for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Rosenblatt Securities restated a "buy" rating and set a $135.00 price target on shares of Walt Disney in a research note on Monday, February 10th. Barclays cut their price target on Walt Disney from $125.00 to $115.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Finally, Macquarie reiterated a "neutral" rating and issued a $110.00 target price on shares of Walt Disney in a research note on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Walt Disney has an average rating of "Moderate Buy" and an average target price of $123.75.

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.