National Pension Service Boosts Holdings in The Walt Disney Company (NYSE:DIS)

National Pension Service grew its stake in shares of The Walt Disney Company (NYSE:DIS) by 2.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,137,491 shares of the entertainment giant’s stock after acquiring an additional 62,413 shares during the period. National Pension Service owned about 0.17% of Walt Disney worth $283,284,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of DIS. Evolution Advisers Inc. increased its holdings in shares of Walt Disney by 38.2% in the 4th quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock valued at $34,000 after acquiring an additional 105 shares during the last quarter. Gradient Capital Advisors LLC boosted its position in shares of Walt Disney by 2.9% in the 4th quarter. Gradient Capital Advisors LLC now owns 3,975 shares of the entertainment giant’s stock valued at $359,000 after purchasing an additional 111 shares during the period. First Business Financial Services Inc. increased its position in Walt Disney by 0.7% during the third quarter. First Business Financial Services Inc. now owns 16,514 shares of the entertainment giant’s stock worth $1,338,000 after buying an additional 113 shares during the period. Royal Fund Management LLC grew its position in shares of Walt Disney by 2.4% during the fourth quarter. Royal Fund Management LLC now owns 4,880 shares of the entertainment giant’s stock worth $441,000 after acquiring an additional 113 shares during the last quarter. Finally, Kelman Lazarov Inc. raised its position in Walt Disney by 3.4% in the 4th quarter. Kelman Lazarov Inc. now owns 3,583 shares of the entertainment giant’s stock valued at $324,000 after purchasing an additional 117 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Up 0.3 %

Shares of DIS traded up $0.35 during mid-day trading on Thursday, reaching $105.79. 7,350,348 shares of the stock traded hands, compared to its average volume of 12,041,947. The stock has a fifty day simple moving average of $114.59 and a 200 day simple moving average of $101.21. The Walt Disney Company has a 12-month low of $78.73 and a 12-month high of $123.74. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.39. The firm has a market cap of $194.05 billion, a price-to-earnings ratio of 114.74, a P/E/G ratio of 1.39 and a beta of 1.40.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.09. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The firm had revenue of $22.08 billion for the quarter, compared to analyst estimates of $22.12 billion. During the same quarter in the previous year, the business posted $0.93 EPS. The firm’s revenue was up 1.2% compared to the same quarter last year. Sell-side analysts expect that The Walt Disney Company will post 4.7 EPS for the current fiscal year.

Insider Buying and Selling at Walt Disney

In other news, EVP Sonia L. Coleman sold 1,857 shares of the stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $121.92, for a total transaction of $226,405.44. Following the transaction, the executive vice president now owns 4,400 shares of the company’s stock, valued at $536,448. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on DIS shares. Deutsche Bank Aktiengesellschaft raised their price target on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Monday. Loop Capital lifted their price target on shares of Walt Disney from $113.00 to $140.00 and gave the company a “buy” rating in a research report on Monday. JPMorgan Chase & Co. initiated coverage on Walt Disney in a research report on Thursday, April 11th. They set an “overweight” rating and a $140.00 target price on the stock. Wells Fargo & Company boosted their price objective on shares of Walt Disney from $128.00 to $141.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 23rd. Finally, Raymond James upped their price target on shares of Walt Disney from $112.00 to $128.00 and gave the company an “outperform” rating in a report on Tuesday, March 26th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-three have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $126.46.

Walt Disney Company 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.