Sei Investments Co. Has $43 Million Position in The Walt Disney Company (NYSE:DIS)

Sei Investments Co. lifted its position in shares of The Walt Disney Company (NYSE:DISFree Report) by 10.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 476,299 shares of the entertainment giant’s stock after purchasing an additional 44,621 shares during the period. Sei Investments Co.’s holdings in Walt Disney were worth $43,002,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Greenleaf Trust raised its position in Walt Disney by 6.2% during the 3rd quarter. Greenleaf Trust now owns 36,308 shares of the entertainment giant’s stock worth $2,943,000 after purchasing an additional 2,109 shares during the last quarter. Alliance Wealth Advisors LLC UT raised its position in shares of Walt Disney by 2.8% during the third quarter. Alliance Wealth Advisors LLC UT now owns 9,745 shares of the entertainment giant’s stock worth $790,000 after acquiring an additional 264 shares during the last quarter. Houlihan Financial Resource Group Ltd. acquired a new position in shares of Walt Disney in the third quarter worth approximately $318,000. Ellevest Inc. boosted its holdings in Walt Disney by 14.6% in the third quarter. Ellevest Inc. now owns 5,988 shares of the entertainment giant’s stock valued at $485,000 after acquiring an additional 761 shares during the last quarter. Finally, Navellier & Associates Inc. increased its position in Walt Disney by 198.2% during the 3rd quarter. Navellier & Associates Inc. now owns 7,241 shares of the entertainment giant’s stock valued at $587,000 after purchasing an additional 4,813 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Price Performance

DIS opened at $102.76 on Tuesday. The Walt Disney Company has a fifty-two week low of $78.73 and a fifty-two week high of $123.74. The firm has a 50-day moving average of $108.92 and a 200 day moving average of $103.89. 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 firm has a market cap of $187.34 billion, a P/E ratio of 111.70, a PEG ratio of 1.26 and a beta of 1.40.

Walt Disney (NYSE:DISGet Free Report) last released its earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. The firm had revenue of $22.08 billion for the quarter, compared to analysts’ expectations of $22.12 billion. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. The company’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.93 earnings per share. On average, research analysts expect that The Walt Disney Company will post 4.76 EPS for the current year.

Insiders Place Their Bets

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on DIS shares. Needham & Company LLC reiterated a “buy” rating and set a $145.00 price objective on shares of Walt Disney in a research report on Tuesday, May 7th. Morgan Stanley upped their target price on Walt Disney from $110.00 to $135.00 and gave the company an “overweight” rating in a research report on Monday, March 4th. Argus boosted their price target on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Evercore ISI reduced 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. Finally, Daiwa Capital Markets reiterated a “buy” rating and set a $133.00 target price on shares of Walt Disney in a research report on Monday, April 1st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-two have issued a buy rating to the company. Based on data from MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and an average price target of $126.29.

Check Out Our Latest Stock Report on Walt Disney

About Walt Disney

(Free Report)

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.

See Also

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

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