The Walt Disney Company (NYSE:DIS) Shares Acquired by Crake Asset Management LLP

Crake Asset Management LLP increased its stake in shares of The Walt Disney Company (NYSE:DIS) by 119.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,075,149 shares of the entertainment giant’s stock after buying an additional 585,500 shares during the quarter. Walt Disney accounts for about 12.9% of Crake Asset Management LLP’s investment portfolio, making the stock its 5th largest position. Crake Asset Management LLP’s holdings in Walt Disney were worth $119,718,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Morse Asset Management Inc increased its holdings in Walt Disney by 17.5% during the 3rd quarter. Morse Asset Management Inc now owns 21,366 shares of the entertainment giant’s stock valued at $2,055,000 after purchasing an additional 3,185 shares in the last quarter. Te Ahumairangi Investment Management Ltd grew its holdings in shares of Walt Disney by 28.3% during the third quarter. Te Ahumairangi Investment Management Ltd now owns 37,123 shares of the entertainment giant’s stock worth $3,551,000 after purchasing an additional 8,180 shares during the last quarter. Saratoga Research & Investment Management increased its stake in shares of Walt Disney by 18.8% in the third quarter. Saratoga Research & Investment Management now owns 1,536,008 shares of the entertainment giant’s stock valued at $147,749,000 after buying an additional 242,675 shares in the last quarter. Eaton Financial Holdings Company LLC bought a new position in shares of Walt Disney in the third quarter valued at about $660,000. Finally, Boyar Asset Management Inc. lifted its position in Walt Disney by 1.7% during the 3rd quarter. Boyar Asset Management Inc. now owns 33,280 shares of the entertainment giant’s stock worth $3,201,000 after buying an additional 551 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Up 2.6 %

NYSE:DIS opened at $86.19 on Wednesday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The business’s 50-day simple moving average is $98.26 and its 200-day simple moving average is $104.32. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $118.63. The stock has a market capitalization of $155.81 billion, a PE ratio of 28.08, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results 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%. Sell-side analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on DIS shares. 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 research report on Tuesday, February 4th. Rosenblatt Securities reissued a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Macquarie reaffirmed a “neutral” rating and set a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and lifted their target price for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Finally, UBS Group cut their price target on Walt Disney from $130.00 to $105.00 and set a “buy” rating on the stock in a research note on Tuesday, April 15th. Six research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $123.75.

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.