The Walt Disney Company $DIS Shares Acquired by Helios Capital Management PTE. Ltd.

Helios Capital Management PTE. Ltd. grew its position in The Walt Disney Company (NYSE:DIS) by 49.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,150 shares of the entertainment giant’s stock after purchasing an additional 8,000 shares during the quarter. Walt Disney makes up 2.3% of Helios Capital Management PTE. Ltd.’s investment portfolio, making the stock its 17th largest position. Helios Capital Management PTE. Ltd.’s holdings in Walt Disney were worth $2,995,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. J. Safra Sarasin Holding AG grew its position in Walt Disney by 8.1% during the 1st quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant’s stock worth $21,983,000 after purchasing an additional 16,781 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new position in Walt Disney during the 2nd quarter worth $4,220,599,000. Wedge Capital Management L L P NC grew its position in Walt Disney by 8,744.0% during the 2nd quarter. Wedge Capital Management L L P NC now owns 320,329 shares of the entertainment giant’s stock worth $39,724,000 after purchasing an additional 316,707 shares during the last quarter. Lodge Hill Capital LLC purchased a new position in Walt Disney during the 1st quarter worth $24,373,000. Finally, Border to Coast Pensions Partnership Ltd grew its position in Walt Disney by 13.6% during the 2nd quarter. Border to Coast Pensions Partnership Ltd now owns 502,961 shares of the entertainment giant’s stock worth $62,372,000 after purchasing an additional 60,353 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have issued reports on DIS shares. Wall Street Zen downgraded shares of Walt Disney from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Jefferies Financial Group downgraded shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Needham & Company LLC reissued a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research report on Tuesday, September 23rd. Citigroup raised their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, July 9th. Finally, Chardan Capital reiterated a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Nineteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and an average target price of $132.90.

Walt Disney Trading Down 0.1%

Shares of Walt Disney stock opened at $111.39 on Thursday. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The company’s 50-day simple moving average is $113.75 and its 200-day simple moving average is $113.45. The firm has a market cap of $200.27 billion, a price-to-earnings ratio of 17.46, a price-to-earnings-growth ratio of 1.45 and a beta of 1.54.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.45 by $0.16. The firm had revenue of $23.65 billion for the quarter, compared to the consensus estimate of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The firm’s revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.39 earnings per share. As a group, equities research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Company 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.