Robeco Institutional Asset Management B.V. Has $35.83 Million Position in The Walt Disney Company (NYSE:DIS)

Robeco Institutional Asset Management B.V. cut its position in shares of The Walt Disney Company (NYSE:DIS) by 2.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 372,496 shares of the entertainment giant’s stock after selling 10,476 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Walt Disney were worth $35,830,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of DIS. Opes Wealth Management LLC raised its holdings in shares of Walt Disney by 20.0% in the third quarter. Opes Wealth Management LLC now owns 2,853 shares of the entertainment giant’s stock valued at $274,000 after purchasing an additional 475 shares during the last quarter. Harbour Investment Management LLC increased its stake in Walt Disney by 1.0% in the 3rd quarter. Harbour Investment Management LLC now owns 21,563 shares of the entertainment giant’s stock valued at $2,074,000 after buying an additional 211 shares during the last quarter. First National Bank Sioux Falls lifted its position in Walt Disney by 23.9% during the 3rd quarter. First National Bank Sioux Falls now owns 10,189 shares of the entertainment giant’s stock worth $980,000 after buying an additional 1,968 shares in the last quarter. Nvwm LLC boosted its stake in shares of Walt Disney by 2.6% during the 3rd quarter. Nvwm LLC now owns 25,892 shares of the entertainment giant’s stock worth $2,491,000 after buying an additional 668 shares during the last quarter. Finally, Van ECK Associates Corp grew its holdings in shares of Walt Disney by 114.4% in the 3rd quarter. Van ECK Associates Corp now owns 4,307,794 shares of the entertainment giant’s stock valued at $414,582,000 after acquiring an additional 2,298,921 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Insider Buying and Selling at Walt Disney

In other news, Director Calvin Mcdonald purchased 11,756 shares of Walt Disney stock in a transaction that occurred on Thursday, August 8th. The shares were acquired at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the transaction, the director now owns 22,313 shares of the company’s stock, valued at approximately $1,897,943.78. The trade was a 100.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.10% of the company’s stock.

Walt Disney Price Performance

Walt Disney stock opened at $96.66 on Wednesday. The firm has a market cap of $175.30 billion, a PE ratio of 37.18, a price-to-earnings-growth ratio of 1.52 and a beta of 1.40. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. The stock’s fifty day moving average price is $93.36 and its two-hundred day moving average price is $97.11. The Walt Disney Company has a one year low of $83.59 and a one year high of $123.74.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.19. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The company had revenue of $23.20 billion for the quarter, compared to analysts’ expectations of $23.08 billion. During the same quarter last year, the business earned $1.03 earnings per share. Walt Disney’s revenue was up 3.9% on a year-over-year basis. As a group, research analysts expect that The Walt Disney Company will post 4.93 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on DIS. Piper Sandler initiated coverage on Walt Disney in a report on Wednesday, October 16th. They set a “neutral” rating and a $95.00 target price on the stock. Evercore ISI dropped their price target on shares of Walt Disney from $128.00 to $105.00 and set an “outperform” rating on the stock in a research report on Thursday, August 8th. Needham & Company LLC reissued a “buy” rating and issued a $110.00 price objective on shares of Walt Disney in a research report on Wednesday, October 23rd. Barclays dropped their target price on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. Finally, Bank of America lowered their price target on Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Five equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $118.05.

Walt Disney Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.