Schroder Investment Management Group Increases Stock Holdings in The Walt Disney Company (NYSE:DIS)

Schroder Investment Management Group lifted its stake in shares of The Walt Disney Company (NYSE:DIS) by 7.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 828,050 shares of the entertainment giant’s stock after purchasing an additional 54,775 shares during the quarter. Schroder Investment Management Group’s holdings in Walt Disney were worth $92,203,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Brookstone Capital Management boosted its holdings in shares of Walt Disney by 10.5% in the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant’s stock valued at $15,687,000 after acquiring an additional 13,339 shares in the last quarter. Greystone Financial Group LLC boosted its holdings in Walt Disney by 13.3% in the 4th quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant’s stock valued at $9,486,000 after purchasing an additional 9,967 shares in the last quarter. Avanza Fonder AB purchased a new position in shares of Walt Disney during the 4th quarter worth approximately $15,125,000. Swedbank AB lifted its holdings in shares of Walt Disney by 14.4% in the 4th quarter. Swedbank AB now owns 3,361,792 shares of the entertainment giant’s stock valued at $374,336,000 after buying an additional 422,339 shares during the period. Finally, FourThought Financial Partners LLC purchased a new stake in shares of Walt Disney in the fourth quarter valued at approximately $446,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DIS has been the subject of several research analyst reports. Morgan Stanley increased their price objective on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Citigroup reiterated a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a research note on Wednesday, January 22nd. Prescient Securities lowered their target price on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Loop Capital lifted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, March 4th. Finally, Needham & Company LLC restated a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a report on Wednesday, February 5th. Six investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and an average target price of $125.64.

Walt Disney Price Performance

DIS opened at $98.02 on Monday. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.69. The company’s 50 day simple moving average is $107.31 and its 200 day simple moving average is $105.19. The stock has a market capitalization of $177.19 billion, a PE ratio of 31.93, a P/E/G ratio of 1.80 and a beta of 1.41. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. As a group, sell-side analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

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.