Krilogy Financial LLC Buys 3,899 Shares of The Walt Disney Company (NYSE:DIS)

Krilogy Financial LLC grew its stake in shares of The Walt Disney Company (NYSE:DIS) by 12.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 34,496 shares of the entertainment giant’s stock after acquiring an additional 3,899 shares during the period. Krilogy Financial LLC’s holdings in Walt Disney were worth $3,405,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Geode Capital Management LLC lifted its stake in shares of Walt Disney by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 38,482,309 shares of the entertainment giant’s stock valued at $4,272,590,000 after buying an additional 809,989 shares in the last quarter. Northern Trust Corp lifted its stake in shares of Walt Disney by 10.4% during the 4th quarter. Northern Trust Corp now owns 22,242,415 shares of the entertainment giant’s stock valued at $2,476,693,000 after buying an additional 2,096,431 shares in the last quarter. Norges Bank purchased a new stake in shares of Walt Disney during the 4th quarter valued at approximately $2,415,427,000. Bank of New York Mellon Corp lifted its stake in shares of Walt Disney by 15.5% during the 4th quarter. Bank of New York Mellon Corp now owns 17,104,295 shares of the entertainment giant’s stock valued at $1,904,563,000 after buying an additional 2,300,912 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Walt Disney by 21.8% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,867,017 shares of the entertainment giant’s stock valued at $1,878,142,000 after buying an additional 3,016,339 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the completion of the sale, the executive vice president now directly owns 46,831 shares of the company’s stock, valued at approximately $5,190,748.04. This trade represents a 2.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.16% of the company’s stock.

Walt Disney Price Performance

Shares of Walt Disney stock opened at $117.85 on Friday. The firm has a market cap of $211.86 billion, a PE ratio of 38.39, a price-to-earnings-growth ratio of 1.80 and a beta of 1.54. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $120.50. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The company’s fifty day simple moving average is $101.58 and its two-hundred day simple moving average is $105.92.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.24. The business had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The company’s revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.21 EPS. As a group, equities analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Upgrades and Downgrades

DIS has been the topic of a number of recent research reports. Rosenblatt Securities upped their price target on shares of Walt Disney from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Tuesday, June 3rd. Wolfe Research upgraded shares of Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 price target on the stock in a research note on Monday, April 21st. Barclays increased their target price on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, May 8th. Guggenheim lowered their target price on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, May 8th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a research note on Thursday, May 8th. Six investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $123.96.

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.