Accredited Investors Inc. lifted its holdings in shares of Walt Disney Co (NYSE:DIS) by 2.3% during the second quarter, Holdings Channel.com reports. The fund owned 7,779 shares of the entertainment giant’s stock after acquiring an additional 176 shares during the period. Accredited Investors Inc.’s holdings in Walt Disney were worth $867,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of DIS. Public Investment Fund acquired a new stake in Walt Disney during the 1st quarter worth about $495,802,000. Fisher Asset Management LLC raised its stake in shares of Walt Disney by 5,464.7% during the 1st quarter. Fisher Asset Management LLC now owns 4,504,570 shares of the entertainment giant’s stock worth $435,141,000 after buying an additional 4,423,621 shares in the last quarter. Morgan Stanley boosted its stake in shares of Walt Disney by 16.7% in the first quarter. Morgan Stanley now owns 27,471,116 shares of the entertainment giant’s stock valued at $2,653,710,000 after buying an additional 3,939,992 shares in the last quarter. APG Asset Management N.V. grew its holdings in Walt Disney by 112.7% during the first quarter. APG Asset Management N.V. now owns 5,550,814 shares of the entertainment giant’s stock worth $548,877,000 after acquiring an additional 2,940,933 shares during the period. Finally, Advisor Group Holdings Inc. acquired a new stake in Walt Disney in the first quarter valued at $79,750,000. Hedge funds and other institutional investors own 62.66% of the company’s stock.

Shares of NYSE:DIS opened at $116.94 on Friday. 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 cap of $208.91 billion, a PE ratio of 25.42, a price-to-earnings-growth ratio of 13.36 and a beta of 1.10. The firm has a 50 day simple moving average of $115.68 and a 200 day simple moving average of $117.27.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Tuesday, May 5th. The entertainment giant reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.23). The business had revenue of $18.01 billion for the quarter, compared to analyst estimates of $17.49 billion. Walt Disney had a net margin of 6.88% and a return on equity of 9.09%. The firm’s quarterly revenue was up 20.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.61 earnings per share. On average, equities analysts predict that Walt Disney Co will post 1.38 earnings per share for the current year.

A number of equities research analysts have recently issued reports on the stock. Rosenblatt Securities reiterated a “buy” rating and set a $130.00 price target on shares of Walt Disney in a research report on Wednesday, May 6th. Consumer Edge lowered shares of Walt Disney from an “overweight” rating to an “equal weight” rating and set a $125.00 target price on the stock. in a research report on Tuesday, June 9th. Imperial Capital reiterated a “sell” rating and set a $105.00 price objective on shares of Walt Disney in a report on Monday, June 22nd. Goldman Sachs Group began coverage on shares of Walt Disney in a research report on Monday, July 13th. They set a “buy” rating and a $137.00 target price for the company. Finally, Royal Bank of Canada dropped their target price on 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. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and thirteen have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $125.35.

About Walt Disney

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.

Further Reading: Green Investing

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

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