Public Employees Retirement Association of Colorado Grows Position in Walt Disney Co (DIS)

Public Employees Retirement Association of Colorado increased its holdings in Walt Disney Co (NYSE:DIS) by 6.5% during the fourth quarter, HoldingsChannel reports. The firm owned 296,405 shares of the entertainment giant’s stock after purchasing an additional 18,153 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Walt Disney were worth $31,867,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Front Row Advisors LLC bought a new stake in shares of Walt Disney in the 4th quarter worth approximately $122,000. Legacy Advisors LLC bought a new stake in shares of Walt Disney in the 3rd quarter worth approximately $137,000. Malaga Cove Capital LLC bought a new stake in shares of Walt Disney in the 3rd quarter worth approximately $140,000. Wealthcare Advisory Partners LLC bought a new stake in shares of Walt Disney in the 3rd quarter worth approximately $142,000. Finally, Cerebellum GP LLC bought a new stake in shares of Walt Disney in the 4th quarter worth approximately $142,000. Institutional investors and hedge funds own 62.63% of the company’s stock.

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In related news, Director Aylwin B. Lewis sold 1,797 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $108.39, for a total transaction of $194,776.83. Following the transaction, the director now directly owns 85,636 shares of the company’s stock, valued at $9,282,086.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.38% of the company’s stock.

DIS has been the topic of a number of research reports. Rosenblatt Securities reiterated a “hold” rating and issued a $115.00 target price on shares of Walt Disney in a report on Monday, December 4th. Loop Capital reissued a “buy” rating and issued a $106.00 target price on shares of Walt Disney in a research report on Monday, December 11th. Pivotal Research lifted their target price on shares of Walt Disney from $83.00 to $91.00 and gave the stock a “sell” rating in a research report on Thursday, December 14th. Piper Jaffray set a $125.00 target price on shares of Walt Disney and gave the stock a “buy” rating in a research report on Friday, December 15th. Finally, Wells Fargo reissued a “buy” rating and issued a $135.00 target price on shares of Walt Disney in a research report on Friday, December 15th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $118.80.

Shares of DIS opened at $100.44 on Monday. Walt Disney Co has a 52 week low of $96.20 and a 52 week high of $116.10. The company has a market cap of $151,029.22, a P/E ratio of 16.63, a P/E/G ratio of 1.71 and a beta of 1.30. The company has a current ratio of 0.87, a quick ratio of 0.80 and a debt-to-equity ratio of 0.43.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.89 EPS for the quarter, beating the Zacks’ consensus estimate of $1.61 by $0.28. Walt Disney had a net margin of 19.61% and a return on equity of 20.44%. The firm had revenue of $15.35 billion for the quarter, compared to the consensus estimate of $15.47 billion. During the same period in the previous year, the firm posted $1.55 earnings per share. The firm’s revenue was up 3.8% on a year-over-year basis. equities research analysts predict that Walt Disney Co will post 6.95 EPS for the current year.

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Walt Disney Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

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

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