American Century Companies Inc. Raises Stake in The Walt Disney Company (NYSE:DIS)

American Century Companies Inc. raised its stake in The Walt Disney Company (NYSE:DIS) by 20.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,186,639 shares of the entertainment giant’s stock after buying an additional 198,096 shares during the quarter. American Century Companies Inc. owned approximately 0.07% of Walt Disney worth $132,133,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Farmers Trust Co. lifted its stake in shares of Walt Disney by 1.1% in the 4th quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant’s stock valued at $945,000 after purchasing an additional 92 shares during the last quarter. Pathway Financial Advisors LLC lifted its stake in shares of Walt Disney by 2.7% in the 4th quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant’s stock valued at $386,000 after purchasing an additional 92 shares during the last quarter. Prossimo Advisors LLC lifted its stake in shares of Walt Disney by 1.1% in the 4th quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant’s stock valued at $972,000 after purchasing an additional 92 shares during the last quarter. Saxon Interests Inc. lifted its stake in shares of Walt Disney by 2.8% in the 4th quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant’s stock valued at $380,000 after purchasing an additional 93 shares during the last quarter. Finally, Onefund LLC lifted its stake in shares of Walt Disney by 2.0% in the 4th quarter. Onefund LLC now owns 4,856 shares of the entertainment giant’s stock valued at $541,000 after purchasing an additional 93 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on DIS shares. The Goldman Sachs Group upped their price target on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research note on Tuesday, February 4th. Citigroup reissued a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research note on Wednesday, January 22nd. Rosenblatt Securities reissued a “buy” rating and set a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Morgan Stanley increased their target price on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Finally, Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and increased their target price for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Six analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney Trading Up 0.7 %

DIS opened at $99.51 on Monday. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The company has a market cap of $179.89 billion, a P/E ratio of 32.41, a PEG ratio of 1.80 and a beta of 1.41. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The business’s 50-day simple moving average is $108.04 and its 200-day simple moving average is $104.78.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. As a group, equities research analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

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.