The Walt Disney Company (NYSE:DIS) Shares Acquired by Aigen Investment Management LP

Aigen Investment Management LP boosted its position in The Walt Disney Company (NYSE:DIS) by 130.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,730 shares of the entertainment giant’s stock after buying an additional 26,484 shares during the quarter. Walt Disney makes up about 0.8% of Aigen Investment Management LP’s investment portfolio, making the stock its 9th biggest holding. Aigen Investment Management LP’s holdings in Walt Disney were worth $4,612,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Walt Disney by 1.6% in the first quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock worth $15,383,615,000 after purchasing an additional 2,446,087 shares during the period. Northern Trust Corp raised its holdings in shares of Walt Disney by 10.4% during the fourth quarter. Northern Trust Corp now owns 22,242,415 shares of the entertainment giant’s stock worth $2,476,693,000 after purchasing an additional 2,096,431 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Walt Disney by 4.2% in the 1st quarter. Bank of New York Mellon Corp now owns 17,821,361 shares of the entertainment giant’s stock worth $1,758,968,000 after buying an additional 717,066 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Walt Disney by 21.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,867,017 shares of the entertainment giant’s stock valued at $1,878,142,000 after buying an additional 3,016,339 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its holdings in shares of Walt Disney by 1.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 11,136,276 shares of the entertainment giant’s stock valued at $1,240,025,000 after buying an additional 192,871 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insider Activity at Walt Disney

In related news, EVP Brent Woodford sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the sale, the executive vice president directly owned 46,831 shares in the company, valued at approximately $5,190,748.04. This trade represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.16% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms recently weighed in on DIS. Rosenblatt Securities increased their price objective on shares of Walt Disney from $135.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday, June 3rd. Wall Street Zen cut Walt Disney from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 20th. Guggenheim boosted their price objective on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, June 27th. Jefferies Financial Group upgraded Walt Disney from a “hold” rating to a “buy” rating and upped their price objective for the stock from $100.00 to $144.00 in a research note on Monday, June 30th. Finally, Morgan Stanley raised their target price on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Five research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $131.14.

Walt Disney Stock Down 0.4%

DIS opened at $112.40 on Friday. The stock’s fifty day moving average is $119.16 and its 200-day moving average is $108.00. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69. The company has a market capitalization of $202.07 billion, a PE ratio of 17.62, a P/E/G ratio of 1.62 and a beta of 1.56. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.61 and a current ratio of 0.72.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping the consensus estimate of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The firm had revenue of $23.65 billion for the quarter, compared to analysts’ expectations of $23.69 billion. During the same period in the previous year, the business earned $1.39 earnings per share. Walt Disney’s revenue for the quarter was up 2.1% compared to the same quarter last year. On average, equities analysts predict that The Walt Disney Company will post 5.47 EPS 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.