Quinn Opportunity Partners LLC Has $1.73 Million Stock Position in The Walt Disney Company (NYSE:DIS)

Quinn Opportunity Partners LLC increased its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 121.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,500 shares of the entertainment giant's stock after buying an additional 8,500 shares during the quarter. Quinn Opportunity Partners LLC's holdings in Walt Disney were worth $1,726,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Geode Capital Management LLC boosted its stake in 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 in the last quarter. Norges Bank acquired a new position in Walt Disney during the fourth quarter worth about $2,415,427,000. Jennison Associates LLC lifted its holdings in Walt Disney by 23.4% in the 4th quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant's stock valued at $2,137,637,000 after acquiring an additional 3,636,742 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Walt Disney by 15.5% in the 4th quarter. Bank of New York Mellon Corp now owns 17,104,295 shares of the entertainment giant's stock worth $1,904,563,000 after purchasing an additional 2,300,912 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Walt Disney by 75.8% in the 4th 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 in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

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Walt Disney Stock Performance

DIS traded down $0.24 during trading on Monday, hitting $84.65. The stock had a trading volume of 10,834,162 shares, compared to its average volume of 9,998,516. 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 Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $118.63. The company has a 50 day simple moving average of $101.83 and a 200-day simple moving average of $104.82. The firm has a market cap of $153.03 billion, a PE ratio of 27.57, a P/E/G ratio of 1.80 and a beta of 1.44.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings results 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 return on equity of 9.95% and a net margin of 6.07%. Analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Analysts Set New Price Targets

DIS has been the subject of a number of recent research reports. Rosenblatt Securities reiterated a "buy" rating and set a $135.00 price objective on shares of Walt Disney in a research report on Monday, February 10th. Citigroup restated a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. Needham & Company LLC reissued a "buy" rating and issued a $130.00 target price on shares of Walt Disney in a research report on Wednesday, February 5th. Loop Capital upped their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. Finally, Morgan Stanley boosted their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Six equities 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 stock. According to MarketBeat, Walt Disney presently has a consensus rating of "Moderate Buy" and a consensus target price of $125.13.

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.