The Walt Disney Company $DIS Stock Holdings Boosted by Police & Firemen s Retirement System of New Jersey

Police & Firemen s Retirement System of New Jersey increased its position in The Walt Disney Company (NYSE:DIS) by 4.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 275,051 shares of the entertainment giant’s stock after buying an additional 10,491 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Walt Disney were worth $34,109,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of DIS. Brighton Jones LLC boosted its stake in shares of Walt Disney by 7.7% during the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after acquiring an additional 1,904 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of Walt Disney by 2.8% during the first quarter. Wealthfront Advisers LLC now owns 119,115 shares of the entertainment giant’s stock valued at $11,757,000 after purchasing an additional 3,298 shares during the last quarter. Sage Mountain Advisors LLC boosted its position in shares of Walt Disney by 4.9% in the 1st quarter. Sage Mountain Advisors LLC now owns 7,407 shares of the entertainment giant’s stock valued at $731,000 after purchasing an additional 348 shares during the period. Larson Financial Group LLC increased its stake in Walt Disney by 23.7% in the 1st quarter. Larson Financial Group LLC now owns 20,440 shares of the entertainment giant’s stock worth $2,017,000 after purchasing an additional 3,918 shares in the last quarter. Finally, Kornitzer Capital Management Inc. KS raised its holdings in Walt Disney by 16.1% during the 1st quarter. Kornitzer Capital Management Inc. KS now owns 22,583 shares of the entertainment giant’s stock worth $2,229,000 after buying an additional 3,133 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Stock Performance

Shares of NYSE DIS opened at $116.79 on Thursday. 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 Walt Disney Company has a one year low of $80.10 and a one year high of $124.69. The business’s 50-day moving average price is $113.25 and its two-hundred day moving average price is $114.34. The company has a market capitalization of $209.99 billion, a P/E ratio of 18.31, a price-to-earnings-growth ratio of 1.45 and a beta of 1.55.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Thursday, November 13th. The entertainment giant reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.08. The firm had revenue of $22.46 billion for the quarter, compared to the consensus estimate of $22.78 billion. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%. Analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Chardan Capital reissued a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Raymond James Financial reiterated a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. UBS Group increased their target price on Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. Keefe, Bruyette & Woods reiterated a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research note on Tuesday, September 23rd. Nineteen analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $132.90.

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.