The Walt Disney Company (NYSE:DIS) Shares Acquired by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 216,293 shares of the entertainment giant's stock after purchasing an additional 3,380 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Walt Disney were worth $24,084,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. MJP Associates Inc. ADV grew its position in shares of Walt Disney by 10.4% in the fourth quarter. MJP Associates Inc. ADV now owns 7,306 shares of the entertainment giant's stock valued at $813,000 after purchasing an additional 687 shares during the period. Moore Capital Management LP acquired a new stake in Walt Disney in the 4th quarter worth about $6,075,000. Lazard Asset Management LLC boosted its stake in shares of Walt Disney by 20.0% in the fourth quarter. Lazard Asset Management LLC now owns 71,001 shares of the entertainment giant's stock worth $7,905,000 after acquiring an additional 11,837 shares during the last quarter. Leigh Baldwin & CO. LLC purchased a new stake in shares of Walt Disney during the fourth quarter worth approximately $60,580,000. Finally, Laurion Capital Management LP acquired a new position in Walt Disney in the 4th quarter valued at $225,000. Institutional investors and hedge funds own 65.71% of the company's stock.

Insider Transactions at Walt Disney

In related news, EVP Brent Woodford sold 1,000 shares of the company's stock in a transaction that occurred 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 now directly owns 46,831 shares of the company's stock, valued at $5,190,748.04. This represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.16% of the company's stock.

Walt Disney Stock Down 0.7%

Shares of DIS traded down $0.80 during midday trading on Monday, hitting $112.62. The company had a trading volume of 1,876,494 shares, compared to its average volume of 10,008,293. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $118.63. The firm has a market capitalization of $202.46 billion, a P/E ratio of 36.66, a P/E/G ratio of 1.80 and a beta of 1.49. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The company's 50-day simple moving average is $94.62 and its 200-day simple moving average is $104.79.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.21 by $0.24. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The company had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. During the same quarter in the previous year, the firm earned $1.21 earnings per share. The firm's quarterly revenue was up 7.0% on a year-over-year basis. As a group, sell-side analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on DIS shares. Wolfe Research upgraded shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price for the company in a research report on Monday, April 21st. Loop Capital upped their price target on Walt Disney from $120.00 to $125.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. The Goldman Sachs Group increased their price target on Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a report on Tuesday, February 4th. Rosenblatt Securities reissued a "buy" rating and set a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. Finally, Prescient Securities cut their target price on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research note on Tuesday, February 4th. Six research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $123.54.

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.