Boston Partners Purchases Shares of 3,153,307 The Walt Disney Company (NYSE:DIS)

Boston Partners purchased a new stake in The Walt Disney Company (NYSE:DIS) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,153,307 shares of the entertainment giant’s stock, valued at approximately $350,707,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. FPC Investment Advisory Inc. purchased a new stake in shares of Walt Disney in the fourth quarter valued at about $28,000. Tacita Capital Inc lifted its stake in shares of Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after buying an additional 124 shares during the period. Midwest Capital Advisors LLC purchased a new position in shares of Walt Disney during the fourth quarter valued at approximately $34,000. Bay Harbor Wealth Management LLC purchased a new position in shares of Walt Disney during the fourth quarter valued at approximately $35,000. Finally, Vision Financial Markets LLC purchased a new position in shares of Walt Disney during the fourth quarter valued at approximately $39,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Redburn Atlantic raised shares of Walt Disney from a “neutral” rating to a “buy” rating and upped their price objective for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Morgan Stanley upped their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Evercore ISI upped their price objective on shares of Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Rosenblatt Securities reaffirmed a “buy” rating and set a $135.00 price target on shares of Walt Disney in a research note on Monday, February 10th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $130.00 price target on shares of Walt Disney in a research note on Wednesday, February 5th. Six equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney Price Performance

DIS opened at $99.43 on Tuesday. The company has a fifty day simple moving average of $108.87 and a 200 day simple moving average of $104.52. The firm has a market cap of $179.74 billion, a price-to-earnings ratio of 32.39, a PEG ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Equities research analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

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.