Crake Asset Management LLP Has $30.89 Million Stock Holdings in The Walt Disney Company $DIS

Crake Asset Management LLP trimmed its position in shares of The Walt Disney Company (NYSE:DIS) by 70.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 313,000 shares of the entertainment giant’s stock after selling 762,149 shares during the quarter. Walt Disney accounts for approximately 2.5% of Crake Asset Management LLP’s holdings, making the stock its 9th largest position. Crake Asset Management LLP’s holdings in Walt Disney were worth $30,893,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of DIS. Brighton Jones LLC boosted its holdings in shares of Walt Disney by 7.7% in the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after buying an additional 1,904 shares during the last quarter. Benjamin Edwards Inc. raised its position in Walt Disney by 2.5% in the fourth quarter. Benjamin Edwards Inc. now owns 29,958 shares of the entertainment giant’s stock worth $3,336,000 after acquiring an additional 736 shares during the period. Concentric Capital Strategies LP purchased a new position in shares of Walt Disney during the 4th quarter worth $317,000. Colonial Trust Co SC grew its position in shares of Walt Disney by 6.4% during the 4th quarter. Colonial Trust Co SC now owns 34,111 shares of the entertainment giant’s stock valued at $3,798,000 after acquiring an additional 2,042 shares during the period. Finally, Eagle Global Advisors LLC grew its position in shares of Walt Disney by 24.9% during the 4th quarter. Eagle Global Advisors LLC now owns 43,381 shares of the entertainment giant’s stock valued at $4,830,000 after acquiring an additional 8,638 shares during the period. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on DIS shares. Raymond James Financial reaffirmed a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Susquehanna reaffirmed a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Rosenblatt Securities lifted their price objective on Walt Disney from $140.00 to $141.00 and gave the company a “buy” rating in a research report on Monday, August 11th. Loop Capital raised their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, June 10th. Finally, Stephens reiterated a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $131.18.

Walt Disney Stock Down 0.9%

Shares of DIS stock opened at $117.26 on Thursday. The company’s fifty day simple moving average is $119.15 and its two-hundred day simple moving average is $108.68. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The stock has a market cap of $210.83 billion, a P/E ratio of 18.38, a PEG ratio of 1.71 and a beta of 1.55. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. During the same quarter last year, the business posted $1.39 earnings per share. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. Analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney Profile

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.