Thompson Investment Management Inc. Has $2.79 Million Stock Position in The Walt Disney Company (NYSE:DIS)

Thompson Investment Management Inc. grew its position in The Walt Disney Company (NYSE:DIS) by 1.1% in the first quarter, according to its most recent filing with the SEC. The fund owned 22,795 shares of the entertainment giant’s stock after acquiring an additional 255 shares during the period. Thompson Investment Management Inc.’s holdings in Walt Disney were worth $2,789,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Trian Fund Management L.P. boosted its position in Walt Disney by 411.6% during the 3rd quarter. Trian Fund Management L.P. now owns 32,868,307 shares of the entertainment giant’s stock worth $2,663,976,000 after buying an additional 26,443,257 shares during the period. Norges Bank bought a new stake in shares of Walt Disney in the fourth quarter worth $1,938,647,000. ValueAct Holdings L.P. acquired a new stake in Walt Disney in the fourth quarter valued at $459,245,000. International Assets Investment Management LLC raised its position in Walt Disney by 8,681.3% during the 4th quarter. International Assets Investment Management LLC now owns 3,349,709 shares of the entertainment giant’s stock worth $302,445,000 after purchasing an additional 3,311,563 shares during the last quarter. Finally, California Public Employees Retirement System lifted its holdings in Walt Disney by 34.8% during the 4th quarter. California Public Employees Retirement System now owns 6,646,336 shares of the entertainment giant’s stock worth $600,098,000 after buying an additional 1,716,259 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insider Activity at Walt Disney

In other news, EVP Sonia L. Coleman sold 4,400 shares of the stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total transaction of $466,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, EVP Sonia L. Coleman sold 4,400 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total transaction of $466,400.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director James P. Gorman acquired 20,000 shares of Walt Disney stock in a transaction that occurred on Wednesday, May 8th. The stock was acquired at an average price of $106.03 per share, with a total value of $2,120,600.00. Following the completion of the purchase, the director now directly owns 20,467 shares in the company, valued at approximately $2,170,116.01. The disclosure for this purchase can be found here. 0.10% of the stock is owned by company insiders.

Walt Disney Stock Down 0.1 %

NYSE:DIS traded down $0.10 on Wednesday, hitting $102.10. The stock had a trading volume of 4,365,017 shares, compared to its average volume of 11,382,843. The Walt Disney Company has a 1 year low of $78.73 and a 1 year high of $123.74. The firm’s fifty day simple moving average is $105.45 and its two-hundred day simple moving average is $104.55. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.69 and a current ratio of 0.75. The stock has a market cap of $186.13 billion, a P/E ratio of 110.86, a price-to-earnings-growth ratio of 1.27 and a beta of 1.40.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The company had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $22.12 billion. During the same period last year, the business posted $0.93 earnings per share. Walt Disney’s revenue was up 1.2% on a year-over-year basis. Analysts predict that The Walt Disney Company will post 4.75 earnings per share for the current year.

Analysts Set New Price Targets

DIS has been the topic of a number of recent analyst reports. Loop Capital lifted their price objective on Walt Disney from $113.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, May 6th. Evercore ISI decreased their price objective on shares of Walt Disney from $130.00 to $128.00 and set an “outperform” rating for the company in a research report on Wednesday, May 8th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Monday, May 6th. JPMorgan Chase & Co. started coverage on Walt Disney in a research report on Thursday, April 11th. They issued an “overweight” rating and a $140.00 price objective for the company. Finally, The Goldman Sachs Group began coverage on Walt Disney in a research note on Tuesday. They set a “buy” rating and a $125.00 target price for the company. One research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $126.50.

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.