Tandem Capital Management Corp ADV grew its stake in Walt Disney Co (NYSE:DIS) by 20.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,134 shares of the entertainment giant’s stock after buying an additional 2,573 shares during the period. Walt Disney accounts for 1.6% of Tandem Capital Management Corp ADV’s investment portfolio, making the stock its 26th largest holding. Tandem Capital Management Corp ADV’s holdings in Walt Disney were worth $1,462,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of DIS. Norges Bank acquired a new stake in Walt Disney in the 4th quarter valued at about $2,572,048,000. Fisher Asset Management LLC boosted its position in shares of Walt Disney by 5,464.7% in the first quarter. Fisher Asset Management LLC now owns 4,504,570 shares of the entertainment giant’s stock worth $435,141,000 after acquiring an additional 4,423,621 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in Walt Disney by 782.9% in the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 2,724,769 shares of the entertainment giant’s stock valued at $391,758,000 after buying an additional 2,416,143 shares during the period. M&G Investment Management Ltd. purchased a new position in Walt Disney in the fourth quarter valued at approximately $194,314,000. Finally, Swiss National Bank raised its stake in shares of Walt Disney by 23.1% during the first quarter. Swiss National Bank now owns 6,995,071 shares of the entertainment giant’s stock valued at $675,724,000 after purchasing an additional 1,314,800 shares during the period. Institutional investors and hedge funds own 62.80% of the company’s stock.

A number of research firms have recently weighed in on DIS. BMO Capital Markets decreased their price target on shares of Walt Disney from $150.00 to $140.00 and set an “outperform” rating for the company in a research report on Wednesday, May 6th. Loop Capital downgraded shares of Walt Disney from a “buy” rating to a “hold” rating and set a $120.00 price target for the company. in a report on Tuesday, May 19th. Guggenheim cut shares of Walt Disney from a “buy” rating to a “neutral” rating and set a $100.00 price target on the stock. in a research report on Thursday, April 2nd. Royal Bank of Canada dropped their price target on shares of Walt Disney from $110.00 to $108.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 6th. Finally, SunTrust Banks boosted their price target on shares of Walt Disney from $110.00 to $160.00 and gave the stock a “hold” rating in a research report on Tuesday, April 14th. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and thirteen have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $126.50.

Shares of NYSE DIS traded down $1.71 during trading hours on Friday, hitting $115.04. The stock had a trading volume of 7,807,227 shares, compared to its average volume of 21,889,574. The firm’s 50-day moving average price is $107.63 and its two-hundred day moving average price is $126.69. Walt Disney Co has a 52 week low of $79.07 and a 52 week high of $153.41. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.89 and a current ratio of 0.94. The company has a market capitalization of $207.17 billion, a P/E ratio of 38.68, a P/E/G ratio of 11.39 and a beta of 1.08.

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

Walt Disney 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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