The Walt Disney Company (NYSE:DIS) Stock Position Raised by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership increased its position in shares of The Walt Disney Company (NYSE:DIS) by 75.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,858,108 shares of the entertainment giant’s stock after acquiring an additional 4,680,930 shares during the period. Walt Disney comprises 1.0% of Arrowstreet Capital Limited Partnership’s investment portfolio, making the stock its 9th biggest position. Arrowstreet Capital Limited Partnership’s holdings in Walt Disney were worth $1,209,050,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of DIS. Okabena Investment Services Inc. grew its stake in shares of Walt Disney by 8.1% in the fourth quarter. Okabena Investment Services Inc. now owns 11,622 shares of the entertainment giant’s stock worth $1,294,000 after acquiring an additional 866 shares in the last quarter. Strategy Asset Managers LLC boosted its holdings in Walt Disney by 0.4% in the fourth quarter. Strategy Asset Managers LLC now owns 51,115 shares of the entertainment giant’s stock valued at $5,692,000 after purchasing an additional 201 shares during the period. Allianz SE acquired a new position in Walt Disney during the 4th quarter worth $21,361,000. Allstate Corp purchased a new stake in Walt Disney during the 4th quarter worth about $6,003,000. Finally, Maridea Wealth Management LLC acquired a new stake in Walt Disney in the 4th quarter valued at about $1,142,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Stock Down 2.4 %

DIS opened at $98.02 on Friday. The business has a 50 day moving average price of $107.31 and a two-hundred day moving average price of $105.07. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.69. The company has a market cap 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 quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

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

Analysts Set New Price Targets

DIS has been the subject of a number of analyst reports. Prescient Securities lowered their price objective on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. The Goldman Sachs Group raised their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Rosenblatt Securities reiterated a “buy” rating and set a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Needham & Company LLC restated a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a research note on Wednesday, February 5th. Finally, Citigroup reaffirmed a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research report on Wednesday, January 22nd. Six analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $125.64.

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.