Walt Disney Co (NYSE:DIS) Shares Bought by Nan Shan Life Insurance Co. Ltd.

Nan Shan Life Insurance Co. Ltd. boosted its stake in shares of Walt Disney Co (NYSE:DIS) by 42.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 506,604 shares of the entertainment giant’s stock after buying an additional 151,604 shares during the quarter. Walt Disney accounts for approximately 1.8% of Nan Shan Life Insurance Co. Ltd.’s portfolio, making the stock its 21st largest holding. Nan Shan Life Insurance Co. Ltd.’s holdings in Walt Disney were worth $66,021,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of DIS. Neville Rodie & Shaw Inc. grew its position in shares of Walt Disney by 3.6% in the second quarter. Neville Rodie & Shaw Inc. now owns 105,566 shares of the entertainment giant’s stock valued at $14,741,000 after purchasing an additional 3,669 shares during the last quarter. Bath Savings Trust Co grew its position in shares of Walt Disney by 1.7% in the second quarter. Bath Savings Trust Co now owns 85,792 shares of the entertainment giant’s stock valued at $11,980,000 after purchasing an additional 1,456 shares during the last quarter. Thomasville National Bank grew its position in shares of Walt Disney by 1.4% in the second quarter. Thomasville National Bank now owns 162,075 shares of the entertainment giant’s stock valued at $22,632,000 after purchasing an additional 2,276 shares during the last quarter. Private Trust Co. NA grew its position in shares of Walt Disney by 3.6% in the second quarter. Private Trust Co. NA now owns 22,398 shares of the entertainment giant’s stock valued at $3,127,000 after purchasing an additional 783 shares during the last quarter. Finally, Baystate Wealth Management LLC grew its position in shares of Walt Disney by 2.7% in the second quarter. Baystate Wealth Management LLC now owns 5,414 shares of the entertainment giant’s stock valued at $767,000 after purchasing an additional 142 shares during the last quarter. Institutional investors own 68.47% of the company’s stock.

Several analysts have recently commented on DIS shares. JPMorgan Chase & Co. reiterated a “buy” rating and issued a $150.00 price target on shares of Walt Disney in a research report on Friday. Moffett Nathanson set a $150.00 price target on shares of Walt Disney and gave the company a “buy” rating in a research report on Wednesday, August 7th. Evercore ISI reiterated a “buy” rating and issued a $155.00 price target on shares of Walt Disney in a research report on Monday. Imperial Capital increased their price target on shares of Walt Disney from $139.00 to $141.00 and gave the company an “in-line” rating in a research report on Monday. Finally, Tigress Financial reiterated a “buy” rating on shares of Walt Disney in a research report on Monday, August 26th. Six equities research analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $152.05.

NYSE DIS traded up $1.84 during mid-day trading on Tuesday, reaching $138.58. 16,270,278 shares of the stock were exchanged, compared to its average volume of 10,143,022. Walt Disney Co has a 1-year low of $100.35 and a 1-year high of $147.15. The business’s fifty day simple moving average is $131.23 and its 200 day simple moving average is $136.18. The stock has a market capitalization of $249.64 billion, a PE ratio of 24.02, a PEG ratio of 4.70 and a beta of 0.96. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.84 and a current ratio of 0.89.

Walt Disney (NYSE:DIS) last announced its earnings results on Thursday, November 7th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.12. Walt Disney had a net margin of 15.89% and a return on equity of 11.38%. The firm had revenue of $19.10 billion for the quarter, compared to analyst estimates of $19.02 billion. During the same quarter last year, the business earned $1.48 earnings per share. Walt Disney’s revenue was up 33.6% compared to the same quarter last year. On average, analysts anticipate that Walt Disney Co will post 5.83 EPS for the current year.

About Walt Disney

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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

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