Sei Investments Co. Has $71.03 Million Position in The Walt Disney Company (NYSE:DIS)

Sei Investments Co. lowered its position in The Walt Disney Company (NYSE:DIS) by 4.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 637,898 shares of the entertainment giant’s stock after selling 28,163 shares during the period. Sei Investments Co.’s holdings in Walt Disney were worth $71,032,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of DIS. Jennison Associates LLC lifted its position in Walt Disney by 23.4% in the 4th quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant’s stock valued at $2,137,637,000 after acquiring an additional 3,636,742 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Walt Disney during the 4th quarter worth approximately $358,151,000. Boston Partners bought a new stake in Walt Disney during the fourth quarter worth $350,707,000. FMR LLC raised its holdings in shares of Walt Disney by 8.7% in the 3rd quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant’s stock valued at $3,310,539,000 after purchasing an additional 2,765,389 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of Walt Disney by 15.5% in the fourth quarter. Bank of New York Mellon Corp now owns 17,104,295 shares of the entertainment giant’s stock valued at $1,904,563,000 after buying an additional 2,300,912 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Up 0.7 %

NYSE DIS opened at $99.51 on Monday. The stock has a market capitalization of $179.89 billion, a P/E ratio of 32.41, a P/E/G ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The business has a 50 day simple moving average of $108.04 and a 200 day simple moving average of $104.78. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on DIS. Jefferies Financial Group began coverage on shares of Walt Disney in a research note on Wednesday, December 4th. They set a “hold” rating and a $120.00 target price for the company. Citigroup reissued a “buy” rating and set a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Needham & Company LLC reiterated a “buy” rating and set a $130.00 price target on shares of Walt Disney in a research report on Wednesday, February 5th. Loop Capital lifted their target price on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, March 4th. Finally, Morgan Stanley upped their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Six analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $125.64.

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.