Thompson Investment Management Inc. Grows Position in The Walt Disney Company (NYSE:DIS)

Thompson Investment Management Inc. lifted its position in shares of The Walt Disney Company (NYSE:DIS) by 1.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 22,795 shares of the entertainment giant’s stock after purchasing an additional 255 shares during the period. Thompson Investment Management Inc.’s holdings in Walt Disney were worth $2,789,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Walt Disney by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 151,443,502 shares of the entertainment giant’s stock worth $13,673,834,000 after acquiring an additional 1,555,748 shares in the last quarter. Morgan Stanley boosted its holdings in Walt Disney by 0.4% in the third quarter. Morgan Stanley now owns 44,318,444 shares of the entertainment giant’s stock valued at $3,592,010,000 after purchasing an additional 195,512 shares in the last quarter. Trian Fund Management L.P. increased its stake in Walt Disney by 411.6% in the third quarter. Trian Fund Management L.P. now owns 32,868,307 shares of the entertainment giant’s stock valued at $2,663,976,000 after purchasing an additional 26,443,257 shares during the last quarter. Norges Bank acquired a new stake in Walt Disney during the fourth quarter worth approximately $1,938,647,000. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Walt Disney by 2.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 9,943,052 shares of the entertainment giant’s stock worth $897,758,000 after buying an additional 211,397 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insiders Place Their Bets

In other news, Director James P. Gorman purchased 20,000 shares of the company’s stock in a transaction dated Wednesday, May 8th. The stock was acquired at an average price of $106.03 per share, for a total transaction of $2,120,600.00. Following the completion of the transaction, the director now directly owns 20,467 shares in the company, valued at approximately $2,170,116.01. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. In other Walt Disney news, Director James P. Gorman acquired 20,000 shares of the company’s stock in a transaction dated Wednesday, May 8th. The stock was acquired at an average cost of $106.03 per share, with a total value of $2,120,600.00. Following the purchase, the director now directly owns 20,467 shares in the company, valued at approximately $2,170,116.01. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Sonia L. Coleman sold 1,857 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the completion of the sale, the executive vice president now directly owns 4,400 shares in the company, valued at approximately $536,448. The disclosure for this sale can be found here. 0.10% of the stock is owned by company insiders.

Analysts Set New Price Targets

DIS has been the topic of several research analyst reports. Barclays cut their price target on shares of Walt Disney from $135.00 to $130.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 8th. Rosenblatt Securities lifted their price target on Walt Disney from $129.00 to $137.00 and gave the stock a “buy” rating in a research report on Tuesday, April 2nd. Raymond James increased their price objective on Walt Disney from $112.00 to $128.00 and gave the company an “outperform” rating in a report on Tuesday, March 26th. UBS Group cut their target price on shares of Walt Disney from $140.00 to $130.00 and set a “buy” rating on the stock in a report on Wednesday, May 8th. Finally, Guggenheim increased their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, April 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have given a buy rating to the company’s stock. According to MarketBeat, Walt Disney has an average rating of “Moderate Buy” and a consensus target price of $126.50.

Walt Disney Price Performance

Shares of NYSE DIS traded down $0.10 during midday trading on Wednesday, hitting $102.10. The company had a trading volume of 4,365,017 shares, compared to its average volume of 11,382,843. The firm has a market capitalization of $186.13 billion, a price-to-earnings ratio of 110.86, a price-to-earnings-growth ratio of 1.27 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 $105.45 and a two-hundred day simple moving average of $104.55. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. The company had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $22.12 billion. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. The company’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period last year, the firm earned $0.93 EPS. Equities research analysts anticipate that The Walt Disney Company will post 4.75 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.