Staley Capital Advisers Inc. Boosts Stock Position in The Walt Disney Company (NYSE:DIS)

Staley Capital Advisers Inc. lifted its position in shares of The Walt Disney Company (NYSE:DIS) by 1.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 305,245 shares of the entertainment giant’s stock after purchasing an additional 4,325 shares during the quarter. Walt Disney accounts for about 1.5% of Staley Capital Advisers Inc.’s holdings, making the stock its 22nd largest holding. Staley Capital Advisers Inc.’s holdings in Walt Disney were worth $33,989,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Jennison Associates LLC grew its position in Walt Disney by 23.4% during the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant’s stock valued at $2,137,637,000 after acquiring an additional 3,636,742 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Walt Disney in the 4th quarter valued at $358,151,000. FMR LLC grew its holdings in shares of Walt Disney by 8.7% during the 3rd quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant’s stock valued at $3,310,539,000 after purchasing an additional 2,765,389 shares during the last quarter. Bank of New York Mellon Corp raised its position in Walt Disney by 15.5% in the 4th quarter. Bank of New York Mellon Corp now owns 17,104,295 shares of the entertainment giant’s stock worth $1,904,563,000 after purchasing an additional 2,300,912 shares during the period. Finally, Janus Henderson Group PLC lifted its stake in Walt Disney by 112.0% in the third quarter. Janus Henderson Group PLC now owns 4,142,991 shares of the entertainment giant’s stock worth $398,508,000 after purchasing an additional 2,188,610 shares during the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 8,000 shares of the company’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total transaction of $917,920.00. Following the transaction, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at $5,054,870.70. This represents a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.16% of the company’s stock.

Walt Disney Price Performance

DIS opened at $103.14 on Tuesday. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The company has a market cap of $186.46 billion, a price-to-earnings ratio of 33.60, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The stock has a fifty day simple moving average of $110.15 and a two-hundred day simple moving average of $104.24.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on DIS. Morgan Stanley raised their price objective on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Wells Fargo & Company raised their price target on Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a research report on Friday, November 15th. Deutsche Bank Aktiengesellschaft boosted their price objective on Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a research report on Friday, November 15th. The Goldman Sachs Group raised their target price on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Finally, TD Cowen lifted their target price on shares of Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a research note on Friday, November 15th. Six equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney 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.