Phoenix Financial Ltd. Increases Stock Position in The Walt Disney Company (NYSE:DIS)

Phoenix Financial Ltd. increased its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 5.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 97,124 shares of the entertainment giant's stock after purchasing an additional 5,009 shares during the quarter. Phoenix Financial Ltd.'s holdings in Walt Disney were worth $10,857,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC grew its holdings in shares of Walt Disney by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 38,482,309 shares of the entertainment giant's stock valued at $4,272,590,000 after purchasing an additional 809,989 shares during the last quarter. Norges Bank bought a new position in shares of Walt Disney in the 4th quarter worth about $2,415,427,000. Jennison Associates LLC boosted its holdings in shares of Walt Disney by 23.4% during the 4th 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 in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Walt Disney by 15.5% during the fourth 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 period. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Walt Disney by 75.8% during 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. 65.71% of the stock is currently owned by institutional investors and hedge funds.

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Walt Disney Trading Down 0.5 %

Shares of NYSE:DIS traded down $0.44 on Monday, reaching $84.45. 4,199,127 shares of the company traded hands, compared to its average volume of 9,973,261. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $118.63. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The business's 50-day simple moving average is $101.83 and its 200 day simple moving average is $104.82. The stock has a market capitalization of $152.67 billion, a P/E ratio of 27.51, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44.

Walt Disney (NYSE:DIS - Get Free Report) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (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%. As a group, equities analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DIS has been the subject of a number of recent research reports. Rosenblatt Securities reissued a "buy" rating and issued a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. Citigroup reiterated a "buy" rating and set a $125.00 price target on shares of Walt Disney in a report on Wednesday, January 22nd. Barclays decreased their target price on Walt Disney from $125.00 to $115.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Morgan Stanley increased their price objective on Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $130.00 price objective on shares of Walt Disney in a report on Wednesday, February 5th. Six research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $125.13.

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.