Thompson Siegel & Walmsley LLC Grows Stock Holdings in The Walt Disney Company (NYSE:DIS)

Thompson Siegel & Walmsley LLC increased its stake in shares of The Walt Disney Company (NYSE:DIS) by 94.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 100,712 shares of the entertainment giant’s stock after buying an additional 48,951 shares during the quarter. Thompson Siegel & Walmsley LLC’s holdings in Walt Disney were worth $8,991,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Cary Street Partners Asset Management LLC boosted its holdings in Walt Disney by 1.1% in the 2nd quarter. Cary Street Partners Asset Management LLC now owns 19,387 shares of the entertainment giant’s stock valued at $1,731,000 after purchasing an additional 205 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Walt Disney by 17.5% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 512,536 shares of the entertainment giant’s stock valued at $45,758,000 after purchasing an additional 76,168 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its holdings in Walt Disney by 12.6% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 99,430 shares of the entertainment giant’s stock valued at $8,877,000 after purchasing an additional 11,153 shares in the last quarter. Charter Research & Investment Group Inc. boosted its holdings in Walt Disney by 1.9% in the 2nd quarter. Charter Research & Investment Group Inc. now owns 17,530 shares of the entertainment giant’s stock valued at $1,565,000 after purchasing an additional 320 shares in the last quarter. Finally, Kelleher Financial Advisors boosted its holdings in Walt Disney by 9.2% in the 2nd quarter. Kelleher Financial Advisors now owns 3,597 shares of the entertainment giant’s stock valued at $321,000 after purchasing an additional 302 shares in the last quarter. Hedge funds and other institutional investors own 61.17% of the company’s stock.

Wall Street Analysts Forecast Growth

DIS has been the subject of a number of research reports. Credit Suisse Group reduced their price target on shares of Walt Disney from $126.00 to $122.00 and set an “outperform” rating for the company in a research report on Monday, August 21st. UBS Group reduced their price target on shares of Walt Disney from $122.00 to $110.00 and set a “buy” rating for the company in a research report on Monday, October 16th. Atlantic Securities downgraded shares of Walt Disney from a “neutral” rating to an “underweight” rating and reduced their price target for the company from $113.00 to $76.00 in a research report on Tuesday, July 25th. Citigroup reduced their price target on shares of Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a research report on Wednesday, August 16th. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Walt Disney in a research report on Wednesday, September 20th. One research analyst has rated the stock with a sell rating, five have given a hold rating and twenty have assigned a buy rating to the stock. Based on data from MarketBeat.com, Walt Disney presently has an average rating of “Moderate Buy” and a consensus target price of $113.30.

Walt Disney Trading Down 0.4 %

DIS stock traded down $0.36 during midday trading on Friday, hitting $94.15. The stock had a trading volume of 12,201,304 shares, compared to its average volume of 13,275,981. The firm has a market cap of $172.27 billion, a PE ratio of 73.57, a price-to-earnings-growth ratio of 1.65 and a beta of 1.30. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.05 and a quick ratio of 0.99. The Walt Disney Company has a 12-month low of $78.73 and a 12-month high of $118.18. The company’s 50-day moving average price is $83.95 and its 200 day moving average price is $87.31.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, November 8th. The entertainment giant reported $0.82 EPS for the quarter, topping the consensus estimate of $0.67 by $0.15. Walt Disney had a net margin of 2.65% and a return on equity of 7.31%. The firm had revenue of $21.24 billion during the quarter, compared to analysts’ expectations of $21.37 billion. During the same period in the previous year, the company earned $0.30 EPS. Walt Disney’s revenue for the quarter was up 5.4% on a year-over-year basis. On average, equities research analysts predict that The Walt Disney Company will post 4.53 earnings per share for the current fiscal year.

Walt Disney Company Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.