CORDA Investment Management LLC. Has $15.13 Million Holdings in Walt Disney Co (DIS)

CORDA Investment Management LLC. raised its holdings in shares of Walt Disney Co (NYSE:DIS) by 0.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 137,955 shares of the entertainment giant’s stock after acquiring an additional 530 shares during the quarter. Walt Disney comprises approximately 1.9% of CORDA Investment Management LLC.’s portfolio, making the stock its 26th biggest holding. CORDA Investment Management LLC.’s holdings in Walt Disney were worth $15,126,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of DIS. Oregon Public Employees Retirement Fund raised its holdings in Walt Disney by 14,778.0% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 53,195,820 shares of the entertainment giant’s stock valued at $485,000 after acquiring an additional 52,838,274 shares during the period. BlackRock Inc. raised its holdings in Walt Disney by 6.5% during the 4th quarter. BlackRock Inc. now owns 92,790,946 shares of the entertainment giant’s stock valued at $10,174,527,000 after acquiring an additional 5,639,712 shares during the period. Matthew Goff Investment Advisor LLC raised its holdings in Walt Disney by 10,381.0% during the 3rd quarter. Matthew Goff Investment Advisor LLC now owns 5,399,078 shares of the entertainment giant’s stock valued at $51,513,000 after acquiring an additional 5,347,565 shares during the period. MERIAN GLOBAL INVESTORS UK Ltd bought a new stake in Walt Disney during the 4th quarter valued at $106,699,000. Finally, Prudential Financial Inc. raised its holdings in Walt Disney by 58.2% during the 4th quarter. Prudential Financial Inc. now owns 2,585,563 shares of the entertainment giant’s stock valued at $283,495,000 after acquiring an additional 950,851 shares during the period. 66.71% of the stock is currently owned by institutional investors and hedge funds.

In related news, EVP Zenia B. Mucha sold 33,000 shares of the company’s stock in a transaction on Friday, April 12th. The shares were sold at an average price of $128.88, for a total value of $4,253,040.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Brent Woodford sold 2,000 shares of the company’s stock in a transaction on Thursday, February 21st. The stock was sold at an average price of $114.35, for a total transaction of $228,700.00. Following the completion of the transaction, the executive vice president now owns 26,517 shares of the company’s stock, valued at $3,032,218.95. The disclosure for this sale can be found here. 0.36% of the stock is currently owned by insiders.



DIS has been the subject of a number of recent analyst reports. Credit Suisse Group boosted their price target on shares of Walt Disney from $114.00 to $130.00 and gave the company a “neutral” rating in a research report on Thursday, May 9th. Zacks Investment Research lowered shares of Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday, April 2nd. UBS Group boosted their price target on shares of Walt Disney from $128.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, May 6th. BMO Capital Markets boosted their price target on shares of Walt Disney from $140.00 to $170.00 and gave the company an “outperform” rating in a research report on Tuesday, May 7th. Finally, Barclays boosted their price target on shares of Walt Disney from $130.00 to $150.00 and gave the company an “overweight” rating in a research report on Wednesday, May 1st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and nineteen have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $142.36.

Shares of NYSE:DIS opened at $134.68 on Thursday. Walt Disney Co has a 52-week low of $98.81 and a 52-week high of $142.37. The firm has a market capitalization of $195.80 billion, a P/E ratio of 19.02, a P/E/G ratio of 3.49 and a beta of 1.00. The company has a quick ratio of 0.74, a current ratio of 0.77 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, May 8th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, topping the 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 company had revenue of $14.92 billion during the quarter, compared to analyst estimates of $14.53 billion. During the same period in the previous year, the business earned $1.84 earnings per share. The firm’s quarterly revenue was up 2.6% compared to the same quarter last year. Sell-side analysts predict that Walt Disney Co will post 6.7 EPS for the current year.

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Walt Disney Profile

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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