The Walt Disney Company (NYSE:DIS) Shares Acquired by Causeway Capital Management LLC

Causeway Capital Management LLC raised its stake in shares of The Walt Disney Company (NYSE:DISGet Rating) by 35.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 626,207 shares of the entertainment giant’s stock after buying an additional 164,963 shares during the period. Walt Disney makes up 2.1% of Causeway Capital Management LLC’s portfolio, making the stock its 16th biggest position. Causeway Capital Management LLC’s holdings in Walt Disney were worth $96,993,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. GeoWealth Management LLC bought a new position in Walt Disney during the 3rd quarter valued at $25,000. Syverson Strege & Co boosted its stake in Walt Disney by 384.8% during the fourth quarter. Syverson Strege & Co now owns 160 shares of the entertainment giant’s stock valued at $25,000 after buying an additional 127 shares in the last quarter. Sandy Cove Advisors LLC acquired a new position in Walt Disney during the fourth quarter worth about $27,000. Advanced Research Investment Solutions LLC raised its position in Walt Disney by 46.0% in the fourth quarter. Advanced Research Investment Solutions LLC now owns 238 shares of the entertainment giant’s stock worth $36,000 after acquiring an additional 75 shares in the last quarter. Finally, CarsonAllaria Wealth Management Ltd. acquired a new stake in Walt Disney in the 4th quarter valued at about $48,000. Institutional investors own 64.17% of the company’s stock.

In related news, EVP Brent Woodford sold 226 shares of the business’s stock in a transaction that occurred on Thursday, March 10th. The stock was sold at an average price of $132.50, for a total value of $29,945.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.10% of the stock is currently owned by company insiders.

A number of analysts recently commented on the stock. KeyCorp dropped their target price on shares of Walt Disney from $216.00 to $151.00 in a report on Thursday, May 12th. Tigress Financial reiterated a “buy” rating and set a $229.00 price objective on shares of Walt Disney in a research report on Friday, April 1st. Wells Fargo & Company decreased their target price on Walt Disney from $182.00 to $153.00 in a report on Thursday, May 12th. Atlantic Securities reduced their target price on Walt Disney from $172.00 to $167.00 and set a “neutral” rating for the company in a report on Thursday, February 10th. Finally, Moffett Nathanson decreased their price target on Walt Disney from $165.00 to $150.00 and set a “neutral” rating for the company in a research report on Monday, March 7th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and seventeen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $176.16.

DIS stock traded up $3.27 during trading hours on Tuesday, hitting $108.45. The company’s stock had a trading volume of 796,618 shares, compared to its average volume of 18,101,126. The stock has a 50 day moving average price of $126.83 and a two-hundred day moving average price of $143.22. The Walt Disney Company has a 12 month low of $99.47 and a 12 month high of $187.58. The company has a market capitalization of $197.45 billion, a PE ratio of 72.54, a price-to-earnings-growth ratio of 1.17 and a beta of 1.21. The company has a quick ratio of 1.01, a current ratio of 1.06 and a debt-to-equity ratio of 0.49.

Walt Disney (NYSE:DISGet Rating) last posted its earnings results on Wednesday, May 11th. The entertainment giant reported $1.08 EPS for the quarter, missing the consensus estimate of $1.19 by ($0.11). Walt Disney had a return on equity of 6.87% and a net margin of 3.46%. During the same quarter last year, the company earned $0.79 EPS. Sell-side analysts expect that The Walt Disney Company will post 4.31 earnings per share for the current year.

About Walt Disney (Get Rating)

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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