The Walt Disney Company (NYSE:DIS) Shares Bought by Northern Trust Corp

Northern Trust Corp grew its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 10.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,242,415 shares of the entertainment giant's stock after purchasing an additional 2,096,431 shares during the period. Northern Trust Corp owned approximately 1.23% of Walt Disney worth $2,476,693,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. FPC Investment Advisory Inc. acquired a new stake in Walt Disney in the fourth quarter valued at $28,000. Tacita Capital Inc lifted its stake in shares of Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after purchasing an additional 124 shares during the period. Pilgrim Partners Asia Pte Ltd purchased a new stake in Walt Disney during the fourth quarter worth about $32,000. Midwest Capital Advisors LLC acquired a new position in Walt Disney during the fourth quarter worth about $34,000. Finally, Bay Harbor Wealth Management LLC purchased a new position in Walt Disney in the fourth quarter valued at about $35,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Walt Disney Trading Down 0.2 %

Shares of NYSE DIS traded down $0.19 during trading on Wednesday, hitting $90.98. 8,466,852 shares of the company traded hands, compared to its average volume of 10,104,266. The firm has a market capitalization of $164.47 billion, a P/E ratio of 29.64, a P/E/G ratio of 1.80 and a beta of 1.44. 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 company has a 50-day moving average price of $96.20 and a 200-day moving average price of $104.20. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $118.63.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings data 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%. On average, equities analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

DIS has been the topic of several research analyst reports. Redburn Atlantic raised Walt Disney from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Barclays cut their price target on Walt Disney from $125.00 to $115.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Loop Capital increased their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. Morgan Stanley upped their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Finally, Citigroup reissued a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a research note on Wednesday, January 22nd. Six equities 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, the company presently has an average rating of "Moderate Buy" and a consensus target price of $123.75.

Walt Disney 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.