Ilmarinen Mutual Pension Insurance Co Increases Position in The Walt Disney Company $DIS

Ilmarinen Mutual Pension Insurance Co boosted its stake in shares of The Walt Disney Company (NYSE:DIS) by 4.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 285,000 shares of the entertainment giant’s stock after purchasing an additional 12,604 shares during the quarter. Ilmarinen Mutual Pension Insurance Co’s holdings in Walt Disney were worth $28,130,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in DIS. Nuveen LLC bought a new position in shares of Walt Disney during the 1st quarter worth approximately $1,353,607,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Walt Disney by 21.8% during the fourth 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 worth $1,878,142,000 after purchasing an additional 3,016,339 shares in the last quarter. Diamond Hill Capital Management Inc. lifted its holdings in shares of Walt Disney by 1,080.7% during the 1st quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant’s stock valued at $277,993,000 after purchasing an additional 2,578,004 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Walt Disney by 1.6% in the 1st 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 in the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Walt Disney by 10,567.3% in the 1st quarter. GAMMA Investing LLC now owns 2,450,702 shares of the entertainment giant’s stock worth $241,884,000 after purchasing an additional 2,427,728 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Susquehanna reiterated a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Citigroup lifted their target price on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, July 9th. Wall Street Zen downgraded shares of Walt Disney from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 20th. Evercore ISI raised their price target on shares of Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, August 4th. Finally, Stephens restated a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $131.18.

Walt Disney Price Performance

NYSE:DIS opened at $117.43 on Wednesday. The firm’s fifty day moving average is $118.78 and its two-hundred day moving average is $108.90. The firm has a market cap of $211.13 billion, a price-to-earnings ratio of 18.41, a PEG ratio of 1.72 and a beta of 1.55. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping the consensus estimate of $1.45 by $0.16. The business had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The business’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.39 EPS. Research analysts expect that The Walt Disney Company will post 5.47 EPS for the current 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.