AGF Investments Inc. Has $27.08 Million Stock Position in Walt Disney Co (NYSE:DIS)

AGF Investments Inc. increased its stake in Walt Disney Co (NYSE:DIS) by 44.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 280,320 shares of the entertainment giant’s stock after acquiring an additional 85,962 shares during the quarter. AGF Investments Inc.’s holdings in Walt Disney were worth $27,080,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Heathbridge Capital Management Ltd. lifted its stake in Walt Disney by 7.7% in the first quarter. Heathbridge Capital Management Ltd. now owns 217,600 shares of the entertainment giant’s stock valued at $21,020,000 after buying an additional 15,600 shares during the period. Apollon Wealth Management LLC lifted its stake in Walt Disney by 3.0% in the first quarter. Apollon Wealth Management LLC now owns 5,685 shares of the entertainment giant’s stock valued at $549,000 after buying an additional 168 shares during the period. Quadrant Private Wealth Management LLC lifted its stake in Walt Disney by 139.0% in the first quarter. Quadrant Private Wealth Management LLC now owns 18,798 shares of the entertainment giant’s stock valued at $1,816,000 after buying an additional 10,932 shares during the period. Commerce Bank lifted its stake in Walt Disney by 2.1% in the first quarter. Commerce Bank now owns 326,825 shares of the entertainment giant’s stock valued at $31,571,000 after buying an additional 6,690 shares during the period. Finally, Hancock Whitney Corp lifted its stake in Walt Disney by 59.1% in the first quarter. Hancock Whitney Corp now owns 156,912 shares of the entertainment giant’s stock valued at $15,157,000 after buying an additional 58,262 shares during the period. 63.10% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have recently weighed in on DIS. Guggenheim lowered Walt Disney from a “buy” rating to a “neutral” rating and set a $100.00 target price on the stock. in a research report on Thursday, April 2nd. TheStreet lowered Walt Disney from a “b-” rating to a “c+” rating in a research report on Thursday, March 12th. Cowen upped their target price on Walt Disney from $154.00 to $159.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 5th. Wells Fargo & Co lowered Walt Disney from an “overweight” rating to an “equal weight” rating in a research report on Sunday, April 19th. Finally, Credit Suisse Group lowered Walt Disney from an “outperform” rating to a “neutral” rating and set a $116.00 target price on the stock. in a research report on Monday, April 20th. Fourteen equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $126.58.

Shares of NYSE:DIS opened at $118.02 on Friday. Walt Disney Co has a 1 year low of $79.07 and a 1 year high of $153.41. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.94 and a quick ratio of 0.89. The business has a fifty day moving average price of $104.80 and a two-hundred day moving average price of $127.09. The company has a market capitalization of $212.83 billion, a PE ratio of 39.87, a price-to-earnings-growth ratio of 11.04 and a beta of 1.08.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Tuesday, May 5th. The entertainment giant reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.23). Walt Disney had a net margin of 6.88% and a return on equity of 9.09%. The firm had revenue of $18.01 billion for the quarter, compared to analysts’ expectations of $17.49 billion. During the same period in the prior year, the company earned $1.61 EPS. The firm’s quarterly revenue was up 20.7% on a year-over-year basis. Sell-side analysts anticipate that Walt Disney Co will post 2.09 earnings per share for the current year.

Walt Disney Profile

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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