Robeco Institutional Asset Management B.V. Has $35.83 Million Holdings in The Walt Disney Company (NYSE:DIS)

Robeco Institutional Asset Management B.V. decreased its position in shares of The Walt Disney Company (NYSE:DIS) by 2.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 372,496 shares of the entertainment giant’s stock after selling 10,476 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Walt Disney were worth $35,830,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Transcendent Capital Group LLC grew its holdings in shares of Walt Disney by 1.4% during the first quarter. Transcendent Capital Group LLC now owns 7,912 shares of the entertainment giant’s stock worth $968,000 after purchasing an additional 108 shares during the last quarter. ADE LLC grew its holdings in Walt Disney by 4.6% during the 2nd quarter. ADE LLC now owns 2,509 shares of the entertainment giant’s stock worth $249,000 after acquiring an additional 110 shares during the last quarter. Absher Wealth Management LLC increased its position in Walt Disney by 0.8% in the 3rd quarter. Absher Wealth Management LLC now owns 14,141 shares of the entertainment giant’s stock valued at $1,360,000 after acquiring an additional 111 shares during the period. Archford Capital Strategies LLC raised its stake in shares of Walt Disney by 2.3% during the second quarter. Archford Capital Strategies LLC now owns 4,966 shares of the entertainment giant’s stock valued at $493,000 after acquiring an additional 112 shares during the last quarter. Finally, Zhang Financial LLC lifted its holdings in shares of Walt Disney by 5.7% during the second quarter. Zhang Financial LLC now owns 2,078 shares of the entertainment giant’s stock worth $206,000 after purchasing an additional 112 shares during the period. Institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Up 0.9 %

NYSE:DIS opened at $96.66 on Wednesday. The Walt Disney Company has a one year low of $83.59 and a one year high of $123.74. The company has a market cap of $175.30 billion, a PE ratio of 37.18, a PEG ratio of 1.52 and a beta of 1.40. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. The firm has a 50-day moving average of $93.36 and a 200-day moving average of $97.11.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.19. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The firm had revenue of $23.20 billion during the quarter, compared to analyst estimates of $23.08 billion. During the same period in the previous year, the company posted $1.03 EPS. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. As a group, equities research analysts expect that The Walt Disney Company will post 4.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on DIS shares. Needham & Company LLC reaffirmed a “buy” rating and set a $110.00 target price on shares of Walt Disney in a research report on Wednesday, October 23rd. Barclays lowered their price objective on Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. Loop Capital reduced their target price on Walt Disney from $139.00 to $130.00 and set a “buy” rating on the stock in a report on Tuesday, July 30th. UBS Group lowered their price target on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Finally, Evercore ISI reduced their price objective on shares of Walt Disney from $128.00 to $105.00 and set an “outperform” rating on the stock in a research note on Thursday, August 8th. Five analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $118.05.

Insider Activity at Walt Disney

In related news, Director Calvin Mcdonald acquired 11,756 shares of the company’s stock in a transaction on Thursday, August 8th. The shares were acquired at an average cost of $85.06 per share, for a total transaction of $999,965.36. Following the purchase, the director now owns 22,313 shares in the company, valued at approximately $1,897,943.78. The trade was a 100.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.10% of the stock is owned by insiders.

About Walt Disney

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.