Raymond James Trust N.A. raised its stake in shares of The Walt Disney Company (NYSE:DIS) by 2.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 132,233 shares of the entertainment giant’s stock after acquiring an additional 2,977 shares during the period. Raymond James Trust N.A.’s holdings in The Walt Disney were worth $16,407,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in The Walt Disney by 7.8% during the 2nd quarter. Vanguard Group Inc. now owns 148,574,900 shares of the entertainment giant’s stock valued at $16,567,587,000 after acquiring an additional 10,757,398 shares during the last quarter. State Street Corp raised its stake in shares of The Walt Disney by 0.8% during the 1st quarter. State Street Corp now owns 74,952,278 shares of the entertainment giant’s stock worth $7,240,390,000 after buying an additional 565,404 shares in the last quarter. Morgan Stanley raised its stake in shares of The Walt Disney by 16.7% during the 1st quarter. Morgan Stanley now owns 27,471,116 shares of the entertainment giant’s stock worth $2,653,710,000 after buying an additional 3,939,992 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of The Walt Disney by 9.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 25,029,876 shares of the entertainment giant’s stock worth $2,791,081,000 after buying an additional 2,208,862 shares in the last quarter. Finally, Coatue Management LLC raised its stake in shares of The Walt Disney by 19,729.5% during the 2nd quarter. Coatue Management LLC now owns 9,199,122 shares of the entertainment giant’s stock worth $1,025,795,000 after buying an additional 9,152,731 shares in the last quarter. 62.72% of the stock is owned by hedge funds and other institutional investors.

In other news, EVP Brent Woodford sold 2,000 shares of The Walt Disney stock in a transaction dated Tuesday, October 13th. The stock was sold at an average price of $130.95, for a total transaction of $261,900.00. Following the sale, the executive vice president now directly owns 36,620 shares of the company’s stock, valued at $4,795,389. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.31% of the stock is currently owned by insiders.

A number of brokerages have recently issued reports on DIS. Wells Fargo & Company increased their target price on The Walt Disney from $120.00 to $136.00 and gave the stock an “equal weight” rating in a research note on Friday, August 14th. Tigress Financial reissued a “buy” rating on shares of The Walt Disney in a research note on Sunday, August 23rd. Royal Bank of Canada reissued a “neutral” rating and set a $124.00 target price on shares of The Walt Disney in a research note on Tuesday, October 13th. Needham & Company LLC reissued a “hold” rating on shares of The Walt Disney in a research note on Friday, June 26th. Finally, Barclays reaffirmed a “buy” rating and issued a $135.00 price objective on shares of The Walt Disney in a research note on Thursday, August 6th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and nineteen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $134.70.

NYSE:DIS opened at $126.81 on Friday. The business’s 50-day moving average is $128.38 and its two-hundred day moving average is $117.94. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.34 and a quick ratio of 1.29. The Walt Disney Company has a 12 month low of $79.07 and a 12 month high of $153.41. The firm has a market capitalization of $229.15 billion, a PE ratio of -204.53, a price-to-earnings-growth ratio of 6.23 and a beta of 1.09.

The Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, August 4th. The entertainment giant reported $0.08 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.64) by $0.72. The Walt Disney had a positive return on equity of 6.58% and a negative net margin of 1.58%. The business had revenue of $11.80 billion for the quarter, compared to analyst estimates of $12.48 billion. During the same period in the previous year, the company earned $1.35 earnings per share. The company’s revenue for the quarter was down 41.7% compared to the same quarter last year. Equities analysts anticipate that The Walt Disney Company will post 1.59 EPS for the current year.

About The Walt Disney

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates domestic cable networks under the Disney, ESPN, Freeform, FX, and National Geographic brands; and television broadcast network under the ABC brand, as well as eight owned domestic television stations.

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

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