Voya Investment Management LLC Raises Stock Position in The Walt Disney Company (NYSE:DIS)

Voya Investment Management LLC increased its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 10.8% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 850,709 shares of the entertainment giant's stock after purchasing an additional 82,836 shares during the period. Voya Investment Management LLC's holdings in Walt Disney were worth $94,726,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. FPC Investment Advisory Inc. purchased a new stake in shares of Walt Disney during the 4th quarter valued at $28,000. Tacita Capital Inc increased its stake in Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after acquiring an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new stake in Walt Disney during the fourth quarter valued at about $32,000. Midwest Capital Advisors LLC bought a new stake in Walt Disney during the fourth quarter worth about $34,000. Finally, Bay Harbor Wealth Management LLC purchased a new position in shares of Walt Disney during the 4th quarter valued at about $35,000. Institutional investors own 65.71% of the company's stock.

Analyst Ratings Changes

Several research analysts have commented on DIS shares. UBS Group decreased their price target on shares of Walt Disney from $130.00 to $105.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. Citigroup reissued a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Prescient Securities reduced their price objective on Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a research note on Tuesday, February 4th. Wolfe Research upgraded Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective on the stock in a report on Monday, April 21st. Finally, The Goldman Sachs Group increased their target price on Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a report on Tuesday, February 4th. Six equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $123.75.

Walt Disney Trading Up 0.2 %

Shares of Walt Disney stock traded up $0.22 during trading on Friday, hitting $90.23. The stock had a trading volume of 7,747,097 shares, compared to its average volume of 10,112,719. The stock has a market cap of $163.12 billion, a PE ratio of 29.39, a PEG ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $118.63. The firm's fifty day simple moving average is $97.01 and its 200-day simple moving average is $104.17. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.

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

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.