Sepio Capital LP Has $4.23 Million Stake in The Walt Disney Company (NYSE:DIS)

Sepio Capital LP cut its stake in The Walt Disney Company (NYSE:DIS) by 1.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,599 shares of the entertainment giant’s stock after selling 544 shares during the quarter. Sepio Capital LP’s holdings in Walt Disney were worth $4,230,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of DIS. Vaughan Nelson Investment Management L.P. boosted its holdings in Walt Disney by 84.6% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 2,000,267 shares of the entertainment giant’s stock worth $244,754,000 after acquiring an additional 916,772 shares during the last quarter. Jennison Associates LLC purchased a new position in Walt Disney during the first quarter worth about $1,490,492,000. Mirae Asset Global Investments Co. Ltd. grew its position in Walt Disney by 4.2% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 556,658 shares of the entertainment giant’s stock worth $68,113,000 after purchasing an additional 22,568 shares in the last quarter. Rheos Capital Works Inc. increased its stake in Walt Disney by 41.3% in the 1st quarter. Rheos Capital Works Inc. now owns 175,900 shares of the entertainment giant’s stock valued at $21,523,000 after buying an additional 51,400 shares during the last quarter. Finally, Nordea Investment Management AB lifted its position in shares of Walt Disney by 555.9% during the 1st quarter. Nordea Investment Management AB now owns 956,788 shares of the entertainment giant’s stock worth $117,599,000 after buying an additional 810,923 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Insider Transactions at Walt Disney

In other Walt Disney news, Director Calvin Mcdonald acquired 11,756 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The stock was bought at an average price of $85.06 per share, with a total value of $999,965.36. Following the completion of the purchase, the director now owns 22,313 shares of the company’s stock, valued at $1,897,943.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on DIS shares. Raymond James decreased their price target on Walt Disney from $123.00 to $101.00 and set an “outperform” rating for the company in a research report on Thursday, August 8th. Evercore ISI cut their price target on shares of Walt Disney from $128.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Walt Disney from $130.00 to $115.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Barclays lowered their price objective on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Finally, Bank of America reduced their target price on shares of Walt Disney from $145.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Three investment analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $118.43.

Walt Disney Stock Up 0.9 %

DIS stock opened at $96.03 on Friday. The stock has a 50-day simple moving average of $90.40 and a two-hundred day simple moving average of $101.38. The Walt Disney Company has a twelve month low of $78.73 and a twelve month high of $123.74. The firm has a market capitalization of $175.07 billion, a PE ratio of 104.38, a PEG ratio of 1.53 and a beta of 1.40. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 EPS for the quarter, beating the consensus estimate of $1.20 by $0.19. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The company had revenue of $23.20 billion during the quarter, compared to analysts’ expectations of $23.08 billion. During the same quarter in the previous year, the company earned $1.03 earnings per share. Walt Disney’s revenue for the quarter was up 3.9% on a year-over-year basis. On average, equities analysts predict that The Walt Disney Company will post 4.92 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.