LVW Advisors LLC Purchases 403 Shares of The Walt Disney Company (NYSE:DIS)

LVW Advisors LLC grew its position in The Walt Disney Company (NYSE:DIS) by 10.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,434 shares of the entertainment giant’s stock after buying an additional 403 shares during the period. LVW Advisors LLC’s holdings in Walt Disney were worth $543,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of DIS. Norges Bank acquired a new stake in Walt Disney in the 4th quarter worth approximately $1,938,647,000. ValueAct Holdings L.P. acquired a new stake in Walt Disney in the 4th quarter worth approximately $459,245,000. International Assets Investment Management LLC boosted its stake in 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 purchasing an additional 3,311,563 shares in the last quarter. California Public Employees Retirement System boosted its stake in 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 purchasing an additional 1,716,259 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in 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 purchasing an additional 1,555,748 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Trading Down 1.3 %

Shares of DIS opened at $98.02 on Tuesday. The Walt Disney Company has a 52-week low of $78.73 and a 52-week high of $123.74. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38. The firm’s fifty day moving average is $104.76 and its two-hundred day moving average is $104.74. The stock has a market cap of $178.69 billion, a PE ratio of 106.54, a price-to-earnings-growth ratio of 1.23 and a beta of 1.40.

Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share (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 company had revenue of $22.08 billion for the quarter, compared to analysts’ expectations of $22.12 billion. During the same quarter in the previous year, the company posted $0.93 EPS. The firm’s quarterly revenue was up 1.2% on a year-over-year basis. Research analysts forecast that The Walt Disney Company will post 4.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

DIS has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. assumed coverage on shares of Walt Disney in a research note on Thursday, April 11th. They issued an “overweight” rating and a $140.00 target price for the company. UBS Group reduced their price target on shares of Walt Disney from $140.00 to $130.00 and set a “buy” rating for the company in a research report on Wednesday, May 8th. Macquarie raised their price target on shares of Walt Disney from $104.00 to $107.00 and gave the stock a “neutral” rating in a research report on Monday, May 13th. Daiwa Capital Markets reissued a “buy” rating and set a $133.00 price target on shares of Walt Disney in a research report on Monday, April 1st. Finally, Bank of America raised their price target on shares of Walt Disney from $130.00 to $145.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. One research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have issued a buy rating to the company’s stock. According to data from MarketBeat, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus price target of $126.50.

Insiders Place Their Bets

In other Walt Disney news, EVP Sonia L. Coleman sold 4,400 shares of Walt Disney stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total transaction of $466,400.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, EVP Sonia L. Coleman sold 4,400 shares of the business’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $106.00, for a total transaction of $466,400.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director James P. Gorman purchased 20,000 shares of the stock in a transaction dated Wednesday, May 8th. The shares were purchased at an average cost of $106.03 per share, for a total transaction of $2,120,600.00. Following the transaction, the director now owns 20,467 shares in the company, valued at approximately $2,170,116.01. The disclosure for this purchase can be found here. 0.10% of the stock is currently owned by corporate insiders.

About Walt Disney

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.