The Walt Disney Company (NYSE:DIS) Holdings Lifted by Wulff Hansen & CO.

Wulff Hansen & CO. raised its holdings in shares of The Walt Disney Company (NYSE:DIS) by 9,829.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 284,466 shares of the entertainment giant’s stock after acquiring an additional 281,601 shares during the period. Wulff Hansen & CO.’s holdings in Walt Disney were worth $28,245,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC acquired a new position in shares of Walt Disney during the second quarter valued at $55,565,000. Citizens Financial Group Inc. RI grew its position in Walt Disney by 526.3% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 161,832 shares of the entertainment giant’s stock valued at $16,068,000 after buying an additional 135,994 shares in the last quarter. One Capital Management LLC increased its stake in Walt Disney by 52.8% during the 2nd quarter. One Capital Management LLC now owns 22,800 shares of the entertainment giant’s stock valued at $2,264,000 after buying an additional 7,880 shares during the period. Quantbot Technologies LP bought a new stake in shares of Walt Disney during the 2nd quarter worth about $6,089,000. Finally, Sierra Summit Advisors LLC lifted its stake in shares of Walt Disney by 12.1% in the 2nd quarter. Sierra Summit Advisors LLC now owns 5,132 shares of the entertainment giant’s stock worth $510,000 after acquiring an additional 552 shares during the period. Institutional investors own 65.71% of the company’s stock.

Insider Transactions at Walt Disney

In other news, Director Calvin Mcdonald bought 11,756 shares of the company’s stock in a transaction on Thursday, August 8th. The shares were bought at an average cost of $85.06 per share, with a total value of $999,965.36. Following the transaction, the director now directly owns 22,313 shares in the company, valued at approximately $1,897,943.78. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Morgan Stanley lowered their price objective on shares of Walt Disney from $130.00 to $110.00 and set an “overweight” rating on the stock in a research note on Monday, August 5th. Wells Fargo & Company cut their price objective on Walt Disney from $136.00 to $116.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Bank of America dropped their price target on shares of Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Redburn Atlantic upgraded shares of Walt Disney from a “sell” rating to a “neutral” rating and set a $100.00 price objective for the company in a research report on Tuesday, May 21st. Finally, Loop Capital lowered their price objective on shares of Walt Disney from $139.00 to $130.00 and set a “buy” rating on the stock in a research note on Tuesday, July 30th. Three research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $117.95.

Walt Disney Trading Up 1.4 %

Shares of NYSE DIS opened at $91.84 on Tuesday. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a one year low of $78.73 and a one year high of $123.74. The business has a 50-day moving average price of $90.95 and a two-hundred day moving average price of $102.35. The firm has a market capitalization of $166.56 billion, a PE ratio of 99.83, a PEG ratio of 1.31 and a beta of 1.40.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.19. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The firm had revenue of $23.20 billion for the quarter, compared to the consensus estimate of $23.08 billion. During the same period in the previous year, the firm posted $1.03 earnings per share. The firm’s revenue was up 3.9% on a year-over-year basis. As a group, analysts predict that The Walt Disney Company will post 4.92 earnings per share for the current fiscal year.

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.