The Walt Disney Company (NYSE:DIS) Shares Bought by APG Asset Management N.V.

APG Asset Management N.V. raised its holdings in The Walt Disney Company (NYSE:DIS) by 624.8% during the 4th quarter, Holdings Channel reports. The firm owned 1,655,093 shares of the entertainment giant’s stock after buying an additional 1,426,750 shares during the quarter. APG Asset Management N.V.’s holdings in Walt Disney were worth $177,976,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. FPC Investment Advisory Inc. purchased a new position in Walt Disney during the fourth quarter worth approximately $28,000. Tacita Capital Inc boosted its position in shares of Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after purchasing an additional 124 shares during the period. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Walt Disney during the fourth quarter worth $32,000. Midwest Capital Advisors LLC acquired a new position in Walt Disney in the 4th quarter valued at about $34,000. Finally, Bay Harbor Wealth Management LLC purchased a new stake in Walt Disney during the 4th quarter worth approximately $35,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $130.00 price objective on shares of Walt Disney in a research report on Wednesday, February 5th. The Goldman Sachs Group raised their target price on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Morgan Stanley upped their price objective on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Loop Capital raised their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, March 4th. Finally, Prescient Securities dropped their price objective on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Six investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and a consensus target price of $125.33.

Walt Disney Price Performance

Shares of Walt Disney stock opened at $83.23 on Tuesday. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $150.46 billion, a price-to-earnings ratio of 27.11, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $118.63. The company has a 50-day simple moving average of $105.08 and a two-hundred day simple moving average of $105.21.

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

Walt Disney Profile

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.