Wolff Wiese Magana LLC Has $546,000 Stock Holdings in The Walt Disney Company (NYSE:DIS)

Wolff Wiese Magana LLC raised its stake in shares of The Walt Disney Company (NYSE:DISGet Rating) by 24.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,983 shares of the entertainment giant’s stock after purchasing an additional 777 shares during the period. Wolff Wiese Magana LLC’s holdings in Walt Disney were worth $546,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State Street Corp grew its stake in shares of Walt Disney by 1.7% in the fourth quarter. State Street Corp now owns 73,140,194 shares of the entertainment giant’s stock worth $11,328,685,000 after acquiring an additional 1,200,863 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Walt Disney by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 28,802,702 shares of the entertainment giant’s stock worth $4,448,175,000 after acquiring an additional 518,125 shares during the last quarter. Norges Bank acquired a new stake in shares of Walt Disney in the fourth quarter worth $2,290,736,000. Loomis Sayles & Co. L P lifted its position in Walt Disney by 25.1% in the fourth quarter. Loomis Sayles & Co. L P now owns 13,510,534 shares of the entertainment giant’s stock worth $2,092,646,000 after purchasing an additional 2,707,126 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its position in Walt Disney by 4.1% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 9,709,126 shares of the entertainment giant’s stock worth $1,503,846,000 after purchasing an additional 385,342 shares during the period. Institutional investors and hedge funds own 64.17% of the company’s stock.

Analyst Ratings Changes

DIS has been the subject of several research reports. Rosenblatt Securities initiated coverage on Walt Disney in a research report on Tuesday, April 19th. They issued a “buy” rating and a $177.00 target price for the company. Evercore ISI reduced their target price on Walt Disney from $150.00 to $130.00 in a research report on Wednesday, July 27th. KeyCorp reduced their target price on Walt Disney from $151.00 to $131.00 and set an “overweight” rating for the company in a research report on Wednesday, July 20th. Credit Suisse Group reduced their target price on Walt Disney from $218.00 to $170.00 in a research report on Thursday, May 12th. Finally, BMO Capital Markets cut their price objective on Walt Disney from $140.00 to $135.00 in a report on Thursday, May 12th. One research analyst has rated the stock with a sell rating, five have given a hold rating and nineteen have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $154.28.

Walt Disney Price Performance

Shares of DIS stock opened at $106.63 on Friday. The firm has a market cap of $194.13 billion, a price-to-earnings ratio of 73.54, a PEG ratio of 1.30 and a beta of 1.24. The Walt Disney Company has a 12 month low of $90.23 and a 12 month high of $187.58. The stock has a 50-day moving average price of $100.15 and a 200 day moving average price of $120.77. The company has a quick ratio of 1.01, a current ratio of 1.06 and a debt-to-equity ratio of 0.49.

Walt Disney (NYSE:DISGet Rating) last posted its earnings results on Wednesday, May 11th. The entertainment giant reported $1.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.20 by ($0.12). The company had revenue of $19.25 billion for the quarter, compared to analyst estimates of $20.25 billion. Walt Disney had a return on equity of 6.87% and a net margin of 3.46%. During the same quarter in the previous year, the firm posted $0.79 earnings per share. Research analysts expect that The Walt Disney Company will post 3.93 EPS for the current year.

About Walt Disney

(Get Rating)

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.

Further Reading

Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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