Benjamin Edwards Inc. grew its holdings in shares of Walt Disney Co (NYSE:DIS) by 61.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,679 shares of the entertainment giant’s stock after acquiring an additional 1,399 shares during the period. Walt Disney comprises about 1.0% of Benjamin Edwards Inc.’s investment portfolio, making the stock its 26th biggest holding. Benjamin Edwards Inc.’s holdings in Walt Disney were worth $479,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Walt Disney by 3.3% during the second quarter. Vanguard Group Inc. now owns 131,103,772 shares of the entertainment giant’s stock valued at $18,307,330,000 after acquiring an additional 4,142,604 shares in the last quarter. Phocas Financial Corp. grew its stake in shares of Walt Disney by 1,011,623.0% during the second quarter. Phocas Financial Corp. now owns 65,691,172 shares of the entertainment giant’s stock valued at $91,731,000 after acquiring an additional 65,684,679 shares in the last quarter. Morgan Stanley grew its stake in shares of Walt Disney by 29.9% during the second quarter. Morgan Stanley now owns 27,743,170 shares of the entertainment giant’s stock valued at $3,874,059,000 after acquiring an additional 6,386,504 shares in the last quarter. Northern Trust Corp grew its stake in shares of Walt Disney by 1.2% during the second quarter. Northern Trust Corp now owns 25,509,749 shares of the entertainment giant’s stock valued at $3,562,181,000 after acquiring an additional 300,560 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Walt Disney by 4.0% in the second quarter. Bank of New York Mellon Corp now owns 24,158,044 shares of the entertainment giant’s stock worth $3,373,429,000 after purchasing an additional 918,097 shares in the last quarter. Institutional investors own 68.42% of the company’s stock.

Shares of NYSE DIS opened at $137.96 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.70 and a debt-to-equity ratio of 0.38. The firm’s 50-day moving average price is $131.00 and its two-hundred day moving average price is $136.12. Walt Disney Co has a 52-week low of $100.35 and a 52-week high of $147.15. The stock has a market capitalization of $248.52 billion, a P/E ratio of 19.49, a P/E/G ratio of 4.43 and a beta of 0.96.

Walt Disney (NYSE:DIS) last issued its earnings results on Thursday, November 7th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.12. Walt Disney had a net margin of 19.02% and a return on equity of 13.08%. The firm had revenue of $19.10 billion for the quarter, compared to analysts’ expectations of $19.02 billion. During the same quarter last year, the company posted $1.48 earnings per share. Walt Disney’s revenue was up 33.6% on a year-over-year basis. As a group, equities research analysts expect that Walt Disney Co will post 5.74 earnings per share for the current year.

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. reiterated a “buy” rating and issued a $150.00 price target on shares of Walt Disney in a research note on Friday. Credit Suisse Group reiterated a “buy” rating and issued a $150.00 price target on shares of Walt Disney in a research note on Thursday, August 8th. Sanford C. Bernstein set a $130.00 price target on Walt Disney and gave the stock a “hold” rating in a research note on Thursday, September 12th. Needham & Company LLC reiterated a “hold” rating on shares of Walt Disney in a research note on Friday, September 27th. Finally, Morgan Stanley set a $160.00 price target on Walt Disney and gave the stock a “buy” rating in a research note on Friday, August 2nd. Six analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $150.47.

About Walt Disney

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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