Tredje AP fonden lifted its position in Walt Disney Co (NYSE:DIS) by 93.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 149,197 shares of the entertainment giant’s stock after purchasing an additional 72,176 shares during the quarter. Tredje AP fonden’s holdings in Walt Disney were worth $14,706,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in the company. Janus Henderson Group PLC raised its stake in shares of Walt Disney by 929.6% during the second quarter. Janus Henderson Group PLC now owns 5,410,942 shares of the entertainment giant’s stock valued at $574,907,000 after acquiring an additional 4,885,398 shares during the last quarter. AJO LP raised its stake in shares of Walt Disney by 12,331.6% during the second quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock valued at $350,661,000 after acquiring an additional 3,273,787 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Walt Disney by 2.2% during the second quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock valued at $10,497,824,000 after acquiring an additional 2,131,932 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Walt Disney by 247.9% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,644,700 shares of the entertainment giant’s stock valued at $280,999,000 after acquiring an additional 1,884,600 shares during the last quarter. Finally, Nordea Investment Management AB raised its stake in shares of Walt Disney by 48.7% during the second quarter. Nordea Investment Management AB now owns 5,313,513 shares of the entertainment giant’s stock valued at $564,561,000 after acquiring an additional 1,740,128 shares during the last quarter. 61.12% of the stock is currently owned by hedge funds and other institutional investors.
A number of equities analysts recently issued reports on the stock. Vetr downgraded shares of Walt Disney from a “buy” rating to a “hold” rating and set a $113.39 price target for the company. in a research note on Wednesday, January 3rd. Royal Bank of Canada increased their price target on shares of Walt Disney to $135.00 and gave the stock a “top pick” rating in a research note on Wednesday, January 3rd. Rosenblatt Securities raised shares of Walt Disney from a “neutral” rating to a “buy” rating and raised their target price for the company from $115.00 to $130.00 in a research note on Wednesday, January 3rd. B. Riley reaffirmed a “hold” rating and set a $122.00 target price on shares of Walt Disney in a research note on Monday, January 29th. Finally, Zacks Investment Research downgraded shares of Walt Disney from a “hold” rating to a “sell” rating in a research note on Tuesday, December 19th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $118.61.
Shares of Walt Disney Co (NYSE DIS) traded down $0.45 during mid-day trading on Wednesday, hitting $103.67. 2,526,271 shares of the stock traded hands, compared to its average volume of 8,713,259. The company has a quick ratio of 0.80, a current ratio of 0.87 and a debt-to-equity ratio of 0.43. The company has a market cap of $156,220.00, a P/E ratio of 17.91, a price-to-earnings-growth ratio of 1.80 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.
Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.28. Walt Disney had a net margin of 19.61% and a return on equity of 20.44%. The company had revenue of $15.35 billion for the quarter, compared to the consensus estimate of $15.47 billion. During the same period in the previous year, the firm posted $1.55 EPS. Walt Disney’s revenue for the quarter was up 3.8% compared to the same quarter last year. equities analysts expect that Walt Disney Co will post 6.8 earnings per share for the current year.
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Walt Disney Profile
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.
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