Susquehanna Fundamental Investments LLC Boosts Stock Holdings in The Walt Disney Company (NYSE:DIS)

Susquehanna Fundamental Investments LLC lifted its position in The Walt Disney Company (NYSE:DIS - Free Report) by 30.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 147,183 shares of the entertainment giant's stock after acquiring an additional 34,600 shares during the quarter. Susquehanna Fundamental Investments LLC's holdings in Walt Disney were worth $14,614,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in DIS. Vaughan Nelson Investment Management L.P. lifted its holdings in shares of Walt Disney by 84.6% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 2,000,267 shares of the entertainment giant's stock worth $244,754,000 after buying an additional 916,772 shares during the period. Jennison Associates LLC bought a new stake in Walt Disney during the 1st quarter valued at $1,490,492,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Walt Disney by 4.2% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 556,658 shares of the entertainment giant's stock valued at $68,113,000 after acquiring an additional 22,568 shares during the period. Rheos Capital Works Inc. raised its position in shares of Walt Disney by 41.3% in the 1st quarter. Rheos Capital Works Inc. now owns 175,900 shares of the entertainment giant's stock worth $21,523,000 after acquiring an additional 51,400 shares in the last quarter. Finally, Nordea Investment Management AB boosted its position in Walt Disney by 555.9% during the first quarter. Nordea Investment Management AB now owns 956,788 shares of the entertainment giant's stock valued at $117,599,000 after purchasing an additional 810,923 shares in the last quarter. Institutional investors own 65.71% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have commented on DIS shares. Wells Fargo & Company decreased their price target on shares of Walt Disney from $136.00 to $116.00 and set an "overweight" rating for the company in a research report on Thursday, August 8th. JPMorgan Chase & Co. decreased their target price on shares of Walt Disney from $135.00 to $125.00 and set an "overweight" rating for the company in a research report on Thursday, August 8th. The Goldman Sachs Group started coverage on shares of Walt Disney in a report on Tuesday, June 25th. They issued a "buy" rating and a $125.00 price target on the stock. Loop Capital decreased their price target on shares of Walt Disney from $139.00 to $130.00 and set a "buy" rating for the company in a report on Tuesday, July 30th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on Walt Disney from $130.00 to $115.00 and set a "buy" rating for the company in a research note on Thursday, August 8th. Three equities research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $118.43.

Walt Disney Price Performance

NYSE:DIS traded up $0.81 during trading hours on Friday, hitting $96.01. 10,155,420 shares of the stock were exchanged, compared to its average volume of 11,207,439. The Walt Disney Company has a 52-week low of $78.73 and a 52-week high of $123.74. The firm's fifty day moving average price is $90.40 and its 200 day moving average price is $101.38. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38. The company has a market cap of $175.03 billion, a P/E ratio of 104.38, a P/E/G ratio of 1.53 and a beta of 1.40.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 EPS for the quarter, topping the consensus estimate of $1.20 by $0.19. The company had revenue of $23.20 billion during the quarter, compared to analyst estimates of $23.08 billion. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. Walt Disney's quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.03 EPS. As a group, equities research analysts anticipate that The Walt Disney Company will post 4.92 EPS for the current fiscal year.

Insider Transactions at Walt Disney

In other Walt Disney news, Director Calvin Mcdonald acquired 11,756 shares of the firm's stock in a transaction that occurred on Thursday, August 8th. The shares were purchased at an average cost of $85.06 per share, for a total transaction of $999,965.36. Following the completion of the acquisition, the director now owns 22,313 shares of the company's stock, valued at approximately $1,897,943.78. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.10% of the company's stock.

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.