Capital International Inc. CA Purchases 26,908 Shares of The Walt Disney Company (NYSE:DIS)

Capital International Inc. CA increased its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 39.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 95,553 shares of the entertainment giant's stock after buying an additional 26,908 shares during the period. Capital International Inc. CA's holdings in Walt Disney were worth $10,640,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in DIS. Morse Asset Management Inc grew its stake 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 worth $2,055,000 after buying an additional 3,185 shares in the last quarter. Te Ahumairangi Investment Management Ltd boosted its position in shares of 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 worth $3,551,000 after acquiring an additional 8,180 shares in the last quarter. Saratoga Research & Investment Management increased its stake in Walt Disney by 18.8% in the third quarter. Saratoga Research & Investment Management now owns 1,536,008 shares of the entertainment giant's stock valued at $147,749,000 after acquiring an additional 242,675 shares during the last quarter. Eaton Financial Holdings Company LLC acquired a new position in Walt Disney during the third quarter valued at approximately $660,000. Finally, Boyar Asset Management Inc. lifted its stake in Walt Disney by 1.7% during the third quarter. Boyar Asset Management Inc. now owns 33,280 shares of the entertainment giant's stock worth $3,201,000 after purchasing an additional 551 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Up 2.9 %

Shares of NYSE:DIS traded up $2.51 during midday trading on Thursday, hitting $89.80. 5,027,682 shares of the company's stock were exchanged, compared to its average volume of 9,924,898. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $118.63. The company has a market cap of $162.34 billion, a PE ratio of 29.26, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The stock has a 50 day moving average price of $97.80 and a 200-day moving average price of $104.20.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 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, sell-side analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on DIS shares. Redburn Atlantic upgraded Walt Disney from a "neutral" rating to a "buy" rating and lifted their target price for the company from $100.00 to $147.00 in a research report on Tuesday, January 7th. Wolfe Research raised shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price target on the stock in a report on Monday. Needham & Company LLC reissued a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a research note on Tuesday. Barclays decreased their target price on shares of 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, UBS Group dropped their price target on Walt Disney from $130.00 to $105.00 and set a "buy" rating for the company in a research note on Tuesday, April 15th. Six equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price 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.