Osaic Holdings Inc. Purchases 1,213,621 Shares of The Walt Disney Company (NYSE:DIS)

Osaic Holdings Inc. lifted its position in The Walt Disney Company (NYSE:DIS) by 145.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,045,895 shares of the entertainment giant’s stock after purchasing an additional 1,213,621 shares during the quarter. Osaic Holdings Inc. owned 0.11% of Walt Disney worth $74,892,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank Julius Baer & Co. Ltd Zurich increased its position in shares of Walt Disney by 102,919.5% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 458,556,073 shares of the entertainment giant’s stock worth $40,939,886,000 after purchasing an additional 458,110,957 shares in the last quarter. Moneta Group Investment Advisors LLC grew its position in Walt Disney by 109,924.5% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 23,666,275 shares of the entertainment giant’s stock worth $2,056,126,000 after acquiring an additional 23,644,765 shares during the last quarter. Norges Bank bought a new position in Walt Disney in the 4th quarter valued at $1,433,075,000. Providence Capital Advisors LLC boosted its stake in Walt Disney by 11,064.4% in the first quarter. Providence Capital Advisors LLC now owns 10,982,227 shares of the entertainment giant’s stock worth $109,679,000 after purchasing an additional 10,883,859 shares in the last quarter. Finally, Trian Fund Management L.P. bought a new position in shares of Walt Disney in the fourth quarter valued at about $784,509,000. 61.17% of the stock is owned by institutional investors.

Walt Disney Trading Down 0.3 %

Shares of DIS stock opened at $94.72 on Tuesday. The stock has a market cap of $173.32 billion, a P/E ratio of 74.24, a price-to-earnings-growth ratio of 1.65 and a beta of 1.30. The Walt Disney Company has a 1 year low of $78.73 and a 1 year high of $118.18. The company has a current ratio of 1.05, a quick ratio of 0.99 and a debt-to-equity ratio of 0.40. The stock has a 50 day simple moving average of $84.20 and a 200 day simple moving average of $87.10.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on DIS. Seaport Res Ptn reissued a “buy” rating on shares of Walt Disney in a report on Friday, October 6th. StockNews.com raised shares of Walt Disney from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Morgan Stanley dropped their price target on Walt Disney from $110.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 26th. Sanford C. Bernstein assumed coverage on shares of Walt Disney in a research report on Thursday, October 5th. They issued an “outperform” rating and a $103.00 price objective on the stock. Finally, Bank of America cut their price target on Walt Disney from $135.00 to $110.00 and set a “buy” rating on the stock in a report on Wednesday, September 20th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty have given a buy rating to the stock. According to MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and a consensus target price of $113.30.

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.