Intellectus Partners LLC boosted its position in shares of Walt Disney Co (NYSE:DIS) by 42.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,789 shares of the entertainment giant’s stock after purchasing an additional 2,927 shares during the period. Intellectus Partners LLC’s holdings in Walt Disney were worth $1,083,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DIS. Northern Oak Wealth Management Inc. grew its holdings in Walt Disney by 38.5% during the 4th quarter. Northern Oak Wealth Management Inc. now owns 64,755 shares of the entertainment giant’s stock worth $7,101,000 after acquiring an additional 17,984 shares in the last quarter. GYL Financial Synergies LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at about $347,000. Arete Wealth Advisors LLC boosted its holdings in shares of Walt Disney by 34.2% in the 4th quarter. Arete Wealth Advisors LLC now owns 15,043 shares of the entertainment giant’s stock valued at $1,649,000 after buying an additional 3,830 shares during the period. Marathon Trading Investment Management LLC boosted its holdings in shares of Walt Disney by 8.3% in the 4th quarter. Marathon Trading Investment Management LLC now owns 11,046 shares of the entertainment giant’s stock valued at $1,211,000 after buying an additional 846 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in shares of Walt Disney by 9.1% in the 4th quarter. Principal Financial Group Inc. now owns 3,768,260 shares of the entertainment giant’s stock valued at $413,190,000 after buying an additional 313,546 shares during the period. 64.23% of the stock is owned by institutional investors and hedge funds.

Several research analysts have recently commented on DIS shares. Tigress Financial reaffirmed a “buy” rating on shares of Walt Disney in a report on Tuesday, February 12th. Edward Jones raised shares of Walt Disney from a “hold” rating to a “buy” rating in a report on Wednesday, February 13th. Citigroup started coverage on shares of Walt Disney in a report on Tuesday, April 2nd. They issued a “buy” rating and a $150.00 price target for the company. Rosenblatt Securities started coverage on shares of Walt Disney in a report on Tuesday, April 2nd. They issued a “buy” rating and a $150.00 price target for the company. Finally, Zacks Investment Research lowered shares of Walt Disney from a “hold” rating to a “sell” rating in a report on Tuesday, April 2nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and nineteen have assigned a buy rating to the stock. Walt Disney presently has a consensus rating of “Buy” and an average price target of $142.36.

Shares of NYSE:DIS opened at $135.08 on Wednesday. The stock has a market capitalization of $248.43 billion, a P/E ratio of 19.08, a PEG ratio of 3.68 and a beta of 0.97. Walt Disney Co has a fifty-two week low of $100.35 and a fifty-two week high of $142.37. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.74 and a current ratio of 0.77.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, May 8th. The entertainment giant reported $1.61 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.59 by $0.02. Walt Disney had a net margin of 22.55% and a return on equity of 15.67%. The firm had revenue of $14.92 billion for the quarter, compared to the consensus estimate of $14.53 billion. During the same period last year, the firm posted $1.84 EPS. Walt Disney’s quarterly revenue was up 2.6% compared to the same quarter last year. On average, research analysts expect that Walt Disney Co will post 6.67 earnings per share for the current fiscal year.

In other Walt Disney news, EVP Zenia B. Mucha sold 33,000 shares of the business’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $128.88, for a total transaction of $4,253,040.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Brent Woodford sold 2,200 shares of Walt Disney stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of $138.23, for a total transaction of $304,106.00. The disclosure for this sale can be found here. Insiders have sold a total of 39,200 shares of company stock worth $5,098,106 over the last 90 days. 0.36% of the stock is owned by insiders.

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About Walt Disney

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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

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