The Walt Disney Company (NYSE:DIS) Position Increased by Little House Capital LLC

Little House Capital LLC raised its position in The Walt Disney Company (NYSE:DIS) by 277.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,262 shares of the entertainment giant’s stock after purchasing an additional 11,954 shares during the quarter. Little House Capital LLC’s holdings in Walt Disney were worth $1,990,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in DIS. Norges Bank acquired a new stake in shares of Walt Disney during the 4th quarter valued at $1,938,647,000. ValueAct Holdings L.P. purchased a new position in Walt Disney in the 4th quarter worth about $459,245,000. International Assets Investment Management LLC raised its holdings in Walt Disney by 8,681.3% during the 4th quarter. International Assets Investment Management LLC now owns 3,349,709 shares of the entertainment giant’s stock worth $302,445,000 after buying an additional 3,311,563 shares during the period. California Public Employees Retirement System lifted its stake in Walt Disney by 34.8% during the fourth quarter. California Public Employees Retirement System now owns 6,646,336 shares of the entertainment giant’s stock valued at $600,098,000 after buying an additional 1,716,259 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Walt Disney by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 151,443,502 shares of the entertainment giant’s stock worth $13,673,834,000 after buying an additional 1,555,748 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Walt Disney news, Director James P. Gorman bought 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The stock was acquired at an average price of $106.03 per share, with a total value of $2,120,600.00. Following the completion of the purchase, the director now directly owns 20,467 shares of the company’s stock, valued at approximately $2,170,116.01. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director James P. Gorman purchased 20,000 shares of the business’s stock in a transaction on Wednesday, May 8th. The shares were acquired at an average price of $106.03 per share, for a total transaction of $2,120,600.00. Following the completion of the acquisition, the director now owns 20,467 shares in the company, valued at $2,170,116.01. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Sonia L. Coleman sold 4,400 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total value of $466,400.00. The disclosure for this sale can be found here. Insiders own 0.10% of the company’s stock.

Walt Disney Stock Performance

Shares of DIS traded down $1.27 during mid-day trading on Monday, hitting $98.02. 8,300,158 shares of the company’s stock were exchanged, compared to its average volume of 11,462,213. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $123.74. The firm has a market cap of $178.69 billion, a price-to-earnings ratio of 106.57, a price-to-earnings-growth ratio of 1.23 and a beta of 1.40. The stock’s 50-day simple moving average is $104.76 and its 200-day simple moving average is $104.74.

Walt Disney (NYSE:DIS) last issued its earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.12 by $0.09. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The business had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $22.12 billion. During the same quarter in the prior year, the firm earned $0.93 EPS. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. On average, equities research analysts expect that The Walt Disney Company will post 4.76 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on DIS shares. Morgan Stanley increased their target price on Walt Disney from $110.00 to $135.00 and gave the company an “overweight” rating in a report on Monday, March 4th. Loop Capital upped their price objective on shares of Walt Disney from $113.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, May 6th. JPMorgan Chase & Co. initiated coverage on shares of Walt Disney in a report on Thursday, April 11th. They set an “overweight” rating and a $140.00 price target on the stock. Deutsche Bank Aktiengesellschaft upped their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Finally, The Goldman Sachs Group began coverage on shares of Walt Disney in a report on Tuesday, June 25th. They set a “buy” rating and a $125.00 price objective on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-two have given a buy rating to the company. According to data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus target price of $126.50.

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.