Edmond DE Rothschild Holding S.A. Has $31.23 Million Stock Position in The Walt Disney Company (NYSE:DIS)

Edmond DE Rothschild Holding S.A. grew its stake in The Walt Disney Company (NYSE:DIS) by 433.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 345,902 shares of the entertainment giant’s stock after acquiring an additional 281,078 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in Walt Disney were worth $31,231,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Planned Solutions Inc. bought a new position in shares of Walt Disney during the 4th quarter valued at about $26,000. Partnership Wealth Management LLC acquired a new stake in Walt Disney during the fourth quarter worth approximately $33,000. Stone House Investment Management LLC boosted its holdings in Walt Disney by 355.3% in the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock valued at $31,000 after purchasing an additional 270 shares during the period. Fortis Group Advisors LLC bought a new position in Walt Disney in the 3rd quarter valued at about $30,000. Finally, Evolution Advisers Inc. raised its position in shares of Walt Disney by 38.2% in the 4th quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock valued at $34,000 after buying an additional 105 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, EVP Sonia L. Coleman sold 1,857 shares of the company’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $121.92, for a total transaction of $226,405.44. Following the sale, the executive vice president now directly owns 4,400 shares in the company, valued at $536,448. The sale was disclosed in a document filed with the SEC, which is available at this link. In related news, Director James P. Gorman acquired 20,000 shares of the company’s stock in a transaction dated Wednesday, May 8th. The stock was bought at an average cost of $106.03 per share, with a total value of $2,120,600.00. Following the acquisition, the director now owns 20,467 shares of the company’s stock, valued at approximately $2,170,116.01. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Sonia L. Coleman sold 1,857 shares of the company’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $121.92, for a total value of $226,405.44. Following the completion of the transaction, the executive vice president now owns 4,400 shares of the company’s stock, valued at $536,448. The disclosure for this sale can be found here. 0.10% of the stock is currently owned by insiders.

Walt Disney Stock Performance

DIS traded up $1.10 during trading on Monday, hitting $101.76. 6,451,500 shares of the company traded hands, compared to its average volume of 11,938,025. The Walt Disney Company has a one year low of $78.73 and a one year high of $123.74. The stock’s fifty day moving average is $112.52 and its 200 day moving average is $103.17. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38. The firm has a market cap of $185.51 billion, a P/E ratio of 110.61, a price-to-earnings-growth ratio of 1.26 and a beta of 1.40.

Walt Disney (NYSE:DIS) last posted its earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.09. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. The firm had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $22.12 billion. During the same quarter last year, the company earned $0.93 earnings per share. The company’s revenue was up 1.2% on a year-over-year basis. As a group, equities analysts predict that The Walt Disney Company will post 4.76 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently issued reports on DIS. Evercore ISI reduced their price target on shares of Walt Disney from $130.00 to $128.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 8th. UBS Group decreased their price target on shares of Walt Disney from $140.00 to $130.00 and set a “buy” rating for the company in a research report on Wednesday, May 8th. Redburn Atlantic upgraded shares of Walt Disney from a “sell” rating to a “neutral” rating and set a $100.00 price target for the company in a report on Tuesday, May 21st. The Goldman Sachs Group cut their target price on Walt Disney from $125.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, February 8th. Finally, Argus lifted their price target on shares of Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. One analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $126.29.

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.