CANADA LIFE ASSURANCE Co boosted its position in The Walt Disney Company (NYSE:DIS - Free Report) by 1.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,938,580 shares of the entertainment giant's stock after purchasing an additional 21,673 shares during the quarter. CANADA LIFE ASSURANCE Co owned about 0.11% of Walt Disney worth $215,858,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors also recently modified their holdings of DIS. Morse Asset Management Inc grew its holdings in Walt Disney by 17.5% during the third quarter. Morse Asset Management Inc now owns 21,366 shares of the entertainment giant's stock valued at $2,055,000 after purchasing an additional 3,185 shares during the period. Te Ahumairangi Investment Management Ltd boosted its holdings in Walt Disney by 28.3% during the 3rd quarter. Te Ahumairangi Investment Management Ltd now owns 37,123 shares of the entertainment giant's stock valued at $3,551,000 after acquiring an additional 8,180 shares during the period. Saratoga Research & Investment Management lifted its holdings in shares of Walt Disney by 18.8% in the 3rd quarter. Saratoga Research & Investment Management now owns 1,536,008 shares of the entertainment giant's stock worth $147,749,000 after buying an additional 242,675 shares during the period. Eaton Financial Holdings Company LLC purchased a new position in Walt Disney in the third quarter valued at about $660,000. Finally, Boyar Asset Management Inc. grew its stake in Walt Disney by 1.7% during the 3rd quarter. Boyar Asset Management Inc. now owns 33,280 shares of the entertainment giant's stock worth $3,201,000 after buying an additional 551 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of equities research analysts have recently commented on DIS shares. Rosenblatt Securities reaffirmed a "buy" rating and set a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. Prescient Securities decreased their price target on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. Citigroup reissued a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. The Goldman Sachs Group upped their target price 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. Finally, Barclays cut their target price 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. Six equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Walt Disney has a consensus rating of "Moderate Buy" and a consensus price target of $123.96.
View Our Latest Stock Analysis on Walt Disney
Walt Disney Price Performance
Walt Disney stock traded down $1.27 during mid-day trading on Monday, hitting $83.54. 4,633,907 shares of the company traded hands, compared to its average volume of 10,013,915. The stock has a fifty day moving average price of $99.24 and a 200-day moving average price of $104.45. The Walt Disney Company has a one year low of $80.10 and a one year high of $118.63. 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 stock has a market cap of $151.02 billion, a price-to-earnings ratio of 27.21, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44.
Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (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 earnings per share for the current fiscal year.
Walt Disney Company Profile
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Free Report)
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.
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