FCG Advisors LLC increased its holdings in shares of Walt Disney Co (NYSE:DIS) by 4.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,684 shares of the entertainment giant’s stock after buying an additional 124 shares during the period. FCG Advisors LLC’s holdings in Walt Disney were worth $259,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in DIS. State Street Corp lifted its stake in Walt Disney by 0.8% in the first quarter. State Street Corp now owns 74,952,278 shares of the entertainment giant’s stock valued at $7,240,390,000 after buying an additional 565,404 shares during the period. Geode Capital Management LLC raised its position in shares of Walt Disney by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 25,971,783 shares of the entertainment giant’s stock valued at $3,748,495,000 after acquiring an additional 548,830 shares during the period. Norges Bank bought a new position in Walt Disney during the 4th quarter worth approximately $2,572,048,000. Charles Schwab Investment Management Inc. grew its holdings in Walt Disney by 1.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,269,782 shares of the entertainment giant’s stock valued at $1,196,059,000 after purchasing an additional 100,637 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. grew its holdings in Walt Disney by 7.1% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 7,768,687 shares of the entertainment giant’s stock valued at $750,455,000 after purchasing an additional 512,407 shares during the period. Institutional investors and hedge funds own 62.80% of the company’s stock.

DIS traded down $2.09 during trading hours on Friday, hitting $114.66. 7,395,571 shares of the company’s stock were exchanged, compared to its average volume of 21,889,574. Walt Disney Co has a 1-year low of $79.07 and a 1-year high of $153.41. The stock’s 50-day moving average is $107.63 and its two-hundred day moving average is $126.69. The stock has a market cap of $207.17 billion, a price-to-earnings ratio of 38.68, a PEG ratio of 11.39 and a beta of 1.08. The company has a quick ratio of 0.89, a current ratio of 0.94 and a debt-to-equity ratio of 0.45.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, May 5th. The entertainment giant reported $0.60 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.83 by ($0.23). Walt Disney had a return on equity of 9.09% and a net margin of 6.88%. The business had revenue of $18.01 billion for the quarter, compared to analyst estimates of $17.49 billion. During the same quarter in the previous year, the company posted $1.61 EPS. The business’s revenue for the quarter was up 20.7% compared to the same quarter last year. On average, equities research analysts anticipate that Walt Disney Co will post 2.09 EPS for the current year.

DIS has been the subject of a number of analyst reports. Morgan Stanley decreased their price objective on shares of Walt Disney from $130.00 to $125.00 and set an “overweight” rating for the company in a report on Monday, May 4th. Cfra decreased their price objective on shares of Walt Disney from $160.00 to $120.00 and set a “buy” rating for the company in a report on Tuesday, April 7th. Deutsche Bank decreased their price objective on shares of Walt Disney from $147.00 to $128.00 and set a “hold” rating for the company in a report on Tuesday, May 19th. Bank of America restated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a report on Wednesday, February 26th. Finally, Atlantic Securities upgraded shares of Walt Disney from a “neutral” rating to an “overweight” rating and decreased their price objective for the company from $153.00 to $119.00 in a report on Thursday, April 2nd. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. Walt Disney has an average rating of “Hold” and an average price target of $126.50.

Walt Disney Company Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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

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