Achmea Investment Management B.V. Acquires 16,370 Shares of The Walt Disney Company (NYSE:DIS)

Achmea Investment Management B.V. raised its holdings in shares of The Walt Disney Company (NYSE:DIS) by 98.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 32,970 shares of the entertainment giant’s stock after purchasing an additional 16,370 shares during the period. Achmea Investment Management B.V.’s holdings in Walt Disney were worth $3,273,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in DIS. Gryphon Financial Partners LLC purchased a new position in shares of Walt Disney in the 4th quarter worth about $603,000. EFG Asset Management North America Corp. lifted its stake in shares of Walt Disney by 141.9% in the fourth quarter. EFG Asset Management North America Corp. now owns 12,156 shares of the entertainment giant’s stock worth $1,098,000 after buying an additional 7,131 shares in the last quarter. Private Wealth Management Group LLC purchased a new stake in shares of Walt Disney during the fourth quarter valued at approximately $105,000. First National Advisers LLC increased its position in shares of Walt Disney by 65.6% during the fourth quarter. First National Advisers LLC now owns 8,079 shares of the entertainment giant’s stock valued at $729,000 after acquiring an additional 3,200 shares in the last quarter. Finally, Mar Vista Investment Partners LLC raised its holdings in Walt Disney by 9.6% in the 4th quarter. Mar Vista Investment Partners LLC now owns 863,522 shares of the entertainment giant’s stock worth $77,967,000 after acquiring an additional 75,848 shares during the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DIS has been the subject of a number of research analyst reports. Loop Capital reduced their target price on Walt Disney from $139.00 to $130.00 and set a “buy” rating for the company in a report on Tuesday, July 30th. UBS Group decreased their target price on Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Moffett Nathanson reduced their price target on shares of Walt Disney from $130.00 to $125.00 and set a “buy” rating for the company in a research note on Tuesday, July 2nd. Bank of America dropped their target price on shares of Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Finally, Macquarie lowered their price target on Walt Disney from $107.00 to $94.00 and set a “neutral” rating on the stock in a report on Monday, August 12th. Three equities research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $117.95.

Insider Buying and Selling at Walt Disney

In related news, Director Calvin Mcdonald acquired 11,756 shares of the company’s stock in a transaction on Thursday, August 8th. The stock was acquired at an average price of $85.06 per share, with a total value of $999,965.36. Following the acquisition, the director now directly owns 22,313 shares of the company’s stock, valued at $1,897,943.78. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 0.10% of the stock is currently owned by insiders.

Walt Disney Stock Performance

NYSE:DIS opened at $90.55 on Friday. The stock has a 50-day moving average price of $91.06 and a 200 day moving average price of $102.60. The stock has a market capitalization of $164.22 billion, a P/E ratio of 98.42, a P/E/G ratio of 1.31 and a beta of 1.40. The Walt Disney Company has a 12-month low of $78.73 and a 12-month high of $123.74. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.19. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The business had revenue of $23.20 billion during the quarter, compared to analyst estimates of $23.08 billion. During the same period last year, the firm posted $1.03 EPS. The company’s revenue was up 3.9% on a year-over-year basis. Equities research analysts forecast that The Walt Disney Company will post 4.92 EPS for the current fiscal 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.