Triodos Investment Management BV decreased its position in shares of Walt Disney Co (NYSE:DIS) by 6.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 169,500 shares of the entertainment giant’s stock after selling 11,800 shares during the quarter. Walt Disney makes up approximately 5.6% of Triodos Investment Management BV’s portfolio, making the stock its 5th biggest position. Triodos Investment Management BV’s holdings in Walt Disney were worth $22,089,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DIS. Centerpoint Advisors LLC raised its position in shares of Walt Disney by 276.5% in the 2nd quarter. Centerpoint Advisors LLC now owns 192 shares of the entertainment giant’s stock worth $27,000 after acquiring an additional 141 shares in the last quarter. JJJ Advisors Inc. increased its position in Walt Disney by 96.8% in the 3rd quarter. JJJ Advisors Inc. now owns 244 shares of the entertainment giant’s stock valued at $32,000 after buying an additional 120 shares in the last quarter. Garrett Wealth Advisory Group LLC bought a new stake in Walt Disney in the 3rd quarter valued at about $36,000. SRS Capital Advisors Inc. bought a new stake in Walt Disney in the 2nd quarter valued at about $39,000. Finally, Advocacy Wealth Management Services LLC increased its position in Walt Disney by 52.8% in the 3rd quarter. Advocacy Wealth Management Services LLC now owns 382 shares of the entertainment giant’s stock valued at $50,000 after buying an additional 132 shares in the last quarter. 68.42% of the stock is currently owned by institutional investors.
A number of brokerages recently commented on DIS. Sanford C. Bernstein set a $130.00 target price on Walt Disney and gave the company a “hold” rating in a research report on Thursday, September 12th. Imperial Capital cut their price target on Walt Disney from $140.00 to $139.00 and set an “in-line” rating for the company in a research note on Thursday, September 19th. Credit Suisse Group reiterated a “buy” rating and set a $150.00 price target on shares of Walt Disney in a research note on Thursday, August 8th. Moffett Nathanson set a $150.00 price target on Walt Disney and gave the company a “buy” rating in a research note on Wednesday, August 7th. Finally, Wells Fargo & Co cut their price target on Walt Disney from $173.00 to $167.00 and set an “outperform” rating for the company in a research note on Friday. Six research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $150.47.
NYSE DIS traded up $5.00 during trading on Friday, hitting $137.96. 23,891,567 shares of the company’s stock traded hands, compared to its average volume of 7,565,782. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.70 and a quick ratio of 0.67. The stock has a fifty day moving average of $131.00 and a two-hundred day moving average of $136.12. The firm has a market cap of $248.52 billion, a P/E ratio of 19.49, a PEG ratio of 4.43 and a beta of 0.96. Walt Disney Co has a 12-month low of $100.35 and a 12-month high of $147.15.
Walt Disney (NYSE:DIS) last posted its earnings results on Thursday, November 7th. The entertainment giant reported $1.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.12. Walt Disney had a net margin of 19.02% and a return on equity of 13.08%. The company had revenue of $19.10 billion during the quarter, compared to analyst estimates of $19.02 billion. During the same period in the prior year, the business posted $1.48 earnings per share. Walt Disney’s revenue for the quarter was up 33.6% on a year-over-year basis. As a group, analysts expect that Walt Disney Co will post 5.74 earnings per share for the current fiscal year.
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.
Featured Story: Fundamental Analysis and Individual Investors
Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walt Disney Co (NYSE:DIS).
Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.