Motley Fool Asset Management LLC Acquires 7,430 Shares of The Walt Disney Company (NYSE:DIS)

Motley Fool Asset Management LLC lifted its position in The Walt Disney Company (NYSE:DIS) by 9.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 84,092 shares of the entertainment giant’s stock after buying an additional 7,430 shares during the period. Motley Fool Asset Management LLC’s holdings in Walt Disney were worth $8,300,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DIS. Nuveen LLC purchased a new position in shares of Walt Disney during the first quarter valued at approximately $1,353,607,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in shares of Walt Disney by 1,900.0% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 5,735,961 shares of the entertainment giant’s stock valued at $638,699,000 after purchasing an additional 5,449,158 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings 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 valued at $1,878,142,000 after purchasing an additional 3,016,339 shares during the last quarter. Diamond Hill Capital Management Inc. raised its holdings in shares of Walt Disney by 1,080.7% during the first 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. Finally, Vanguard Group Inc. increased its holdings in Walt Disney by 1.6% during the first quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock valued at $15,383,615,000 after buying an additional 2,446,087 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Wall Street Zen cut shares of Walt Disney from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 20th. Needham & Company LLC reissued a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a research note on Thursday. Morgan Stanley increased their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. JPMorgan Chase & Co. increased their price objective on shares of Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 29th. Finally, Citigroup increased their price objective 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. Five investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and an average target price of $131.14.

Walt Disney Trading Down 0.4%

DIS stock opened at $112.40 on Monday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The company has a market capitalization of $202.09 billion, a PE ratio of 17.62, a P/E/G ratio of 1.62 and a beta of 1.56. The firm’s 50-day moving average is $119.16 and its 200 day moving average is $107.98. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The business had revenue of $23.65 billion for the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter last year, the firm posted $1.39 EPS. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. On average, research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Insider Activity

In other news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the transaction, the executive vice president owned 46,831 shares of the company’s stock, valued at $5,190,748.04. The trade was a 2.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.16% of the stock is currently owned by insiders.

Walt Disney Company 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.