Capital World Investors Has $658.69 Million Stake in The Walt Disney Company (NYSE:DIS)

Capital World Investors increased its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 0.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,915,476 shares of the entertainment giant's stock after acquiring an additional 3,808 shares during the quarter. Capital World Investors owned about 0.33% of Walt Disney worth $658,688,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Norges Bank bought a new position in Walt Disney during the 4th quarter worth $2,415,427,000. Arrowstreet Capital Limited Partnership increased its position in shares of Walt Disney by 75.8% in 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 period. Jennison Associates LLC raised its stake in Walt Disney by 23.4% in the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant's stock valued at $2,137,637,000 after purchasing an additional 3,636,742 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Walt Disney during the fourth quarter worth about $358,151,000. Finally, Boston Partners acquired a new stake in Walt Disney during the fourth quarter worth about $350,707,000. Institutional investors own 65.71% of the company's stock.

Walt Disney Trading Up 3.0 %

Walt Disney stock traded up $2.59 during mid-day trading on Thursday, hitting $89.88. 4,688,773 shares of the stock were exchanged, compared to its average volume of 9,919,306. 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 stock has a market capitalization of $162.48 billion, a price-to-earnings ratio of 29.28, a PEG ratio of 1.80 and a beta of 1.44. The firm's fifty day simple moving average is $97.80 and its two-hundred day simple moving average is $104.20. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $118.63.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping 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%. Analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on DIS shares. Citigroup reaffirmed a "buy" rating and set a $125.00 price target on shares of Walt Disney in a report on Wednesday, January 22nd. Redburn Atlantic raised Walt Disney from a "neutral" rating to a "buy" rating and raised their target price for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Rosenblatt Securities reissued a "buy" rating and set a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Barclays reduced their price objective 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 reissued a "neutral" rating and set 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 issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, Walt Disney currently has a consensus rating of "Moderate Buy" and an average price target 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.