Artisan Partners Limited Partnership Has $98.78 Million Stock Position in The Walt Disney Company (NYSE:DIS)

Artisan Partners Limited Partnership boosted its holdings in The Walt Disney Company (NYSE:DIS) by 4.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 887,082 shares of the entertainment giant’s stock after buying an additional 37,050 shares during the quarter. Artisan Partners Limited Partnership’s holdings in Walt Disney were worth $98,777,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. United Bank boosted its stake in shares of Walt Disney by 6.2% during the third quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock valued at $1,168,000 after purchasing an additional 712 shares in the last quarter. CreativeOne Wealth LLC raised its holdings in Walt Disney by 5.4% in the 3rd quarter. CreativeOne Wealth LLC now owns 11,448 shares of the entertainment giant’s stock valued at $1,101,000 after buying an additional 590 shares during the last quarter. FORA Capital LLC acquired a new stake in Walt Disney during the 3rd quarter worth approximately $904,000. National Wealth Management Group LLC bought a new stake in Walt Disney during the 3rd quarter worth approximately $495,000. Finally, Providence Capital Advisors LLC increased its position in Walt Disney by 1.0% in the 3rd quarter. Providence Capital Advisors LLC now owns 62,513 shares of the entertainment giant’s stock valued at $6,013,000 after acquiring an additional 594 shares during the period. Institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

Shares of DIS opened at $100.45 on Friday. The business’s fifty day moving average is $107.49 and its 200 day moving average is $105.01. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. 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 stock has a market cap of $181.59 billion, a P/E ratio of 32.72, a P/E/G ratio of 1.80 and a beta of 1.41.

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Prescient Securities reduced their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Morgan Stanley increased their price target on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. The Goldman Sachs Group lifted their price objective on Walt Disney from $137.00 to $139.00 and gave the stock 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 report on Wednesday, January 22nd. Finally, Rosenblatt Securities restated a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research report on Monday, February 10th. Six investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $125.64.

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.