Walt Disney Co (DIS) Shares Bought by IFM Investors Pty Ltd

IFM Investors Pty Ltd boosted its holdings in shares of Walt Disney Co (NYSE:DIS) by 1.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,755 shares of the entertainment giant’s stock after purchasing an additional 558 shares during the period. IFM Investors Pty Ltd’s holdings in Walt Disney were worth $4,313,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Amalgamated Bank grew its holdings in shares of Walt Disney by 49.8% during the 2nd quarter. Amalgamated Bank now owns 180,632 shares of the entertainment giant’s stock worth $19,192,000 after acquiring an additional 60,088 shares during the period. Tdam USA Inc. grew its holdings in shares of Walt Disney by 4.1% during the 2nd quarter. Tdam USA Inc. now owns 195,498 shares of the entertainment giant’s stock worth $20,666,000 after acquiring an additional 7,785 shares during the period. Walter & Keenan Financial Consulting Co. MI ADV grew its holdings in shares of Walt Disney by 7.9% during the 2nd quarter. Walter & Keenan Financial Consulting Co. MI ADV now owns 24,719 shares of the entertainment giant’s stock worth $2,626,000 after acquiring an additional 1,800 shares during the period. Connecticut Wealth Management LLC grew its holdings in shares of Walt Disney by 1.4% during the 2nd quarter. Connecticut Wealth Management LLC now owns 3,038 shares of the entertainment giant’s stock worth $315,000 after acquiring an additional 42 shares during the period. Finally, Riverpark Capital Management LLC grew its holdings in shares of Walt Disney by 15.2% during the 2nd quarter. Riverpark Capital Management LLC now owns 301,225 shares of the entertainment giant’s stock worth $32,005,000 after acquiring an additional 39,822 shares during the period. Institutional investors own 61.12% of the company’s stock.

A number of research analysts have weighed in on DIS shares. Morgan Stanley reduced their target price on Walt Disney from $130.00 to $120.00 and set an “overweight” rating on the stock in a report on Tuesday, October 31st. Piper Jaffray Companies set a $130.00 target price on Walt Disney and gave the stock a “buy” rating in a report on Tuesday, October 31st. Citigroup reiterated a “buy” rating and set a $119.00 target price on shares of Walt Disney in a report on Wednesday, November 1st. Zacks Investment Research upgraded Walt Disney from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Finally, B. Riley reiterated a “neutral” rating on shares of Walt Disney in a report on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $118.59.

Walt Disney Co (NYSE:DIS) opened at $106.53 on Friday. The stock has a market capitalization of $160,186.61, a P/E ratio of 17.64, a P/E/G ratio of 1.82 and a beta of 1.30. Walt Disney Co has a 12-month low of $96.20 and a 12-month high of $116.10. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.87 and a quick ratio of 0.80.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.28. The business had revenue of $15.35 billion for the quarter, compared to analysts’ expectations of $15.47 billion. Walt Disney had a return on equity of 20.44% and a net margin of 19.61%. The firm’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.55 EPS. equities analysts anticipate that Walt Disney Co will post 6.95 earnings per share for the current fiscal year.

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About Walt Disney

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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