Delphi Management Inc. MA Has $1.62 Million Position in The Walt Disney Company (NYSE:DIS)

Delphi Management Inc. MA lifted its holdings in The Walt Disney Company (NYSE:DIS) by 5.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,338 shares of the entertainment giant’s stock after acquiring an additional 785 shares during the period. Delphi Management Inc. MA’s holdings in Walt Disney were worth $1,622,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of Walt Disney by 1.5% in the first quarter. Vanguard Group Inc. now owns 153,769,084 shares of the entertainment giant’s stock valued at $18,815,185,000 after acquiring an additional 2,325,582 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Walt Disney by 10.8% during the second quarter. Bank of New York Mellon Corp now owns 14,883,983 shares of the entertainment giant’s stock worth $1,477,831,000 after purchasing an additional 1,449,730 shares during the period. Legal & General Group Plc lifted its position in Walt Disney by 3.1% during the second quarter. Legal & General Group Plc now owns 14,281,047 shares of the entertainment giant’s stock worth $1,417,958,000 after purchasing an additional 425,438 shares during the period. Jennison Associates LLC bought a new stake in Walt Disney during the first quarter worth about $1,490,492,000. Finally, Price T Rowe Associates Inc. MD lifted its position in Walt Disney by 2.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 12,040,297 shares of the entertainment giant’s stock worth $1,473,252,000 after purchasing an additional 293,482 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Walt Disney

In related news, Director Calvin Mcdonald acquired 11,756 shares of Walt Disney stock in a transaction dated Thursday, August 8th. The stock was bought at an average price of $85.06 per share, with a total value of $999,965.36. Following the transaction, the director now directly owns 22,313 shares in the company, valued at approximately $1,897,943.78. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.10% of the company’s stock.

Walt Disney Stock Performance

NYSE:DIS opened at $96.18 on Tuesday. The company has a market capitalization of $175.34 billion, a PE ratio of 104.54, a P/E/G ratio of 1.53 and a beta of 1.40. The company has a 50 day simple moving average of $90.44 and a two-hundred day simple moving average of $101.11. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.66 and a current ratio of 0.72. The Walt Disney Company has a fifty-two week low of $78.73 and a fifty-two week high of $123.74.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.19. The business had revenue of $23.20 billion during the quarter, compared to the consensus estimate of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.03 EPS. Research analysts anticipate that The Walt Disney Company will post 4.92 earnings per share for the current year.

Analysts Set New Price Targets

DIS has been the subject of several recent analyst reports. The Goldman Sachs Group initiated coverage on shares of Walt Disney in a research report on Tuesday, June 25th. They set a “buy” rating and a $125.00 price objective for the company. Bank of America cut their price objective on shares of Walt Disney from $145.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Moffett Nathanson cut their price objective on shares of Walt Disney from $130.00 to $125.00 and set a “buy” rating for the company in a research report on Tuesday, July 2nd. UBS Group dropped their target price on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Finally, Wells Fargo & Company dropped their target price on shares of Walt Disney from $136.00 to $116.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Three investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $118.43.

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.