The Walt Disney Company (NYSE:DIS) Shares Purchased by AGF Management Ltd.

AGF Management Ltd. grew its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 361,087 shares of the entertainment giant's stock after purchasing an additional 8,584 shares during the period. AGF Management Ltd.'s holdings in Walt Disney were worth $40,207,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Jennison Associates LLC lifted its stake 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 buying an additional 3,636,742 shares during the period. Raymond James Financial Inc. purchased a new position in Walt Disney in the 4th quarter worth $358,151,000. FMR LLC lifted its position in Walt Disney by 8.7% during the 3rd quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant's stock worth $3,310,539,000 after acquiring an additional 2,765,389 shares during the period. Bank of New York Mellon Corp grew its stake in Walt Disney by 15.5% during the 4th quarter. Bank of New York Mellon Corp now owns 17,104,295 shares of the entertainment giant's stock valued at $1,904,563,000 after purchasing an additional 2,300,912 shares during the last quarter. Finally, Janus Henderson Group PLC increased its holdings in shares of Walt Disney by 112.0% in the third quarter. Janus Henderson Group PLC now owns 4,142,991 shares of the entertainment giant's stock valued at $398,508,000 after purchasing an additional 2,188,610 shares during the period. Institutional investors and hedge funds own 65.71% of the company's stock.

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Walt Disney Price Performance

Walt Disney stock traded down $5.08 during trading on Tuesday, reaching $98.00. The company had a trading volume of 16,897,437 shares, compared to its average volume of 9,575,051. 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 firm's 50-day simple moving average is $109.88 and its 200 day simple moving average is $104.30. The firm has a market capitalization of $177.17 billion, a PE ratio of 31.92, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74.

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

Analyst Ratings Changes

A number of equities research analysts recently commented on DIS shares. Deutsche Bank Aktiengesellschaft lifted their target price on Walt Disney from $115.00 to $131.00 and gave the stock a "buy" rating in a report on Friday, November 15th. TD Cowen lifted their price objective on shares of Walt Disney from $108.00 to $123.00 and gave the company a "hold" rating in a research note on Friday, November 15th. Citigroup reiterated a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a research note on Wednesday, January 22nd. Redburn Atlantic raised shares of Walt Disney from a "neutral" rating to a "buy" rating and raised their target price for the stock from $100.00 to $147.00 in a report on Tuesday, January 7th. Finally, The Goldman Sachs Group upped their price target on shares of Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a report on Tuesday, February 4th. Six equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $125.64.

Insider Buying and Selling

In other news, EVP Brent Woodford sold 8,000 shares of the firm's stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total value of $917,920.00. Following the transaction, the executive vice president now owns 44,055 shares in the company, valued at $5,054,870.70. This trade represents a 15.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.16% of the stock is currently owned by insiders.

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.