The Walt Disney Company (NYSE:DIS) Shares Acquired by Wulff Hansen & CO.

Wulff Hansen & CO. raised its stake in shares of The Walt Disney Company (NYSE:DIS) by 9,829.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 284,466 shares of the entertainment giant’s stock after purchasing an additional 281,601 shares during the period. Wulff Hansen & CO.’s holdings in Walt Disney were worth $28,245,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of DIS. Gryphon Financial Partners LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at about $603,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Walt Disney in the fourth quarter worth $1,239,000. Coldstream Capital Management Inc. raised its stake in shares of Walt Disney by 30.1% in the 4th quarter. Coldstream Capital Management Inc. now owns 28,456 shares of the entertainment giant’s stock valued at $2,569,000 after acquiring an additional 6,583 shares during the period. Balentine LLC lifted its holdings in shares of Walt Disney by 28.4% during the 4th quarter. Balentine LLC now owns 8,834 shares of the entertainment giant’s stock valued at $798,000 after acquiring an additional 1,955 shares in the last quarter. Finally, Sachetta LLC purchased a new stake in Walt Disney during the 4th quarter worth $868,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Insider Buying and Selling

In related news, Director Calvin Mcdonald bought 11,756 shares of the firm’s stock in a transaction on Thursday, August 8th. The stock was bought at an average cost of $85.06 per share, for a total transaction of $999,965.36. Following the completion of the purchase, the director now directly owns 22,313 shares in the company, valued at approximately $1,897,943.78. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. The Goldman Sachs Group began coverage on Walt Disney in a research note on Tuesday, June 25th. They set a “buy” rating and a $125.00 price objective on the stock. Macquarie reduced their price target on Walt Disney from $107.00 to $94.00 and set a “neutral” rating on the stock in a research report on Monday, August 12th. Moffett Nathanson lowered their price objective on shares of Walt Disney from $130.00 to $125.00 and set a “buy” rating for the company in a research report on Tuesday, July 2nd. Barclays dropped their price objective on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th. Finally, Morgan Stanley decreased their target price on shares of Walt Disney from $130.00 to $110.00 and set an “overweight” rating for the company in a research note on Monday, August 5th. Three analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $117.95.

Walt Disney Price Performance

Shares of NYSE DIS opened at $91.84 on Tuesday. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $166.56 billion, a price-to-earnings ratio of 99.83, a price-to-earnings-growth ratio of 1.31 and a beta of 1.40. The Walt Disney Company has a twelve month low of $78.73 and a twelve month high of $123.74. The business has a 50 day simple moving average of $90.95 and a 200-day simple moving average of $102.35.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.19. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The firm had revenue of $23.20 billion during the quarter, compared to analyst estimates of $23.08 billion. During the same quarter in the previous year, the firm earned $1.03 earnings per share. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. As a group, equities research analysts expect that The Walt Disney Company will post 4.92 earnings per share 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.