1,659 Shares in The Walt Disney Company (NYSE:DIS) Acquired by OMNI 360 Wealth Inc.

OMNI 360 Wealth Inc. bought a new position in shares of The Walt Disney Company (NYSE:DIS) during the first quarter, Holdings Channel reports. The fund bought 1,659 shares of the entertainment giant’s stock, valued at approximately $203,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new position in shares of Walt Disney in the 4th quarter worth $1,938,647,000. ValueAct Holdings L.P. bought a new position in shares of Walt Disney in the 4th quarter worth $459,245,000. International Assets Investment Management LLC increased its holdings in shares of Walt Disney by 8,681.3% in the 4th quarter. International Assets Investment Management LLC now owns 3,349,709 shares of the entertainment giant’s stock worth $302,445,000 after buying an additional 3,311,563 shares during the last quarter. California Public Employees Retirement System increased its holdings in shares of Walt Disney by 34.8% in the 4th quarter. California Public Employees Retirement System now owns 6,646,336 shares of the entertainment giant’s stock worth $600,098,000 after buying an additional 1,716,259 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Walt Disney by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 151,443,502 shares of the entertainment giant’s stock worth $13,673,834,000 after buying an additional 1,555,748 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Barclays decreased their price target on shares of Walt Disney from $135.00 to $130.00 and set an “overweight” rating on the stock in a report on Wednesday, May 8th. Daiwa Capital Markets reaffirmed a “buy” rating and issued a $133.00 price objective on shares of Walt Disney in a research note on Monday, April 1st. Argus upped their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. The Goldman Sachs Group assumed coverage on shares of Walt Disney in a research note on Tuesday, June 25th. They issued a “buy” rating and a $125.00 price objective for the company. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $145.00 price objective on shares of Walt Disney in a research note on Wednesday. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-three have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $126.44.

Walt Disney Trading Up 0.6 %

NYSE DIS traded up $0.59 during trading on Wednesday, hitting $98.59. The company had a trading volume of 5,029,969 shares, compared to its average volume of 11,481,462. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a one year low of $78.73 and a one year high of $123.74. The company has a market cap of $179.72 billion, a price-to-earnings ratio of 107.19, a price-to-earnings-growth ratio of 1.23 and a beta of 1.40. The company’s fifty day moving average is $104.17 and its 200-day moving average is $104.81.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 EPS for the quarter, topping the consensus estimate of $1.12 by $0.09. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. The business had revenue of $22.08 billion during the quarter, compared to analyst estimates of $22.12 billion. During the same period in the prior year, the business earned $0.93 EPS. The company’s revenue for the quarter was up 1.2% on a year-over-year basis. On average, sell-side analysts predict that The Walt Disney Company will post 4.76 earnings per share for the current year.

Insiders Place Their Bets

In other Walt Disney news, Director James P. Gorman purchased 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The stock was bought at an average cost of $106.03 per share, for a total transaction of $2,120,600.00. Following the purchase, the director now directly owns 20,467 shares in the company, valued at $2,170,116.01. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Walt Disney news, Director James P. Gorman purchased 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The stock was bought at an average cost of $106.03 per share, for a total transaction of $2,120,600.00. Following the purchase, the director now directly owns 20,467 shares in the company, valued at $2,170,116.01. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Sonia L. Coleman sold 4,400 shares of the stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $106.00, for a total transaction of $466,400.00. The disclosure for this sale can be found here. Company insiders own 0.10% of the company’s stock.

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.