Guardian Capital LP Grows Holdings in The Walt Disney Company (NYSE:DIS)

Guardian Capital LP grew its holdings in shares of The Walt Disney Company (NYSE:DISGet Rating) by 22.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 35,261 shares of the entertainment giant’s stock after acquiring an additional 6,505 shares during the period. Guardian Capital LP’s holdings in Walt Disney were worth $3,329,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Walt Disney by 1.8% during the first quarter. Vanguard Group Inc. now owns 140,466,474 shares of the entertainment giant’s stock worth $19,266,382,000 after purchasing an additional 2,514,894 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Walt Disney by 0.8% during the first quarter. Bank of New York Mellon Corp now owns 21,459,191 shares of the entertainment giant’s stock worth $2,943,347,000 after purchasing an additional 160,841 shares during the last quarter. Clearbridge Investments LLC lifted its stake in Walt Disney by 16.0% during the second quarter. Clearbridge Investments LLC now owns 9,363,589 shares of the entertainment giant’s stock worth $883,923,000 after purchasing an additional 1,291,934 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Walt Disney by 3.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 8,739,279 shares of the entertainment giant’s stock worth $1,198,680,000 after purchasing an additional 306,668 shares during the last quarter. Finally, Swiss National Bank lifted its stake in Walt Disney by 0.3% during the second quarter. Swiss National Bank now owns 7,897,671 shares of the entertainment giant’s stock worth $745,540,000 after purchasing an additional 24,900 shares during the last quarter. 61.37% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

DIS has been the topic of several research analyst reports. Tigress Financial reduced their price objective on Walt Disney from $229.00 to $177.00 in a research note on Tuesday. JPMorgan Chase & Co. dropped their target price on Walt Disney from $145.00 to $135.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 9th. Cowen dropped their target price on Walt Disney from $124.00 to $94.00 in a research report on Wednesday, November 9th. Rosenblatt Securities dropped their target price on Walt Disney from $134.00 to $120.00 and set a “buy” rating on the stock in a research report on Wednesday, November 9th. Finally, StockNews.com lowered Walt Disney from a “hold” rating to a “sell” rating in a research report on Thursday, November 10th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and an average price target of $132.07.

Walt Disney Price Performance

DIS stock traded up $2.67 during trading hours on Thursday, hitting $98.88. 15,503,232 shares of the stock traded hands, compared to its average volume of 19,858,588. The stock has a 50-day simple moving average of $99.44 and a 200 day simple moving average of $103.34. The Walt Disney Company has a one year low of $86.28 and a one year high of $160.32. The company has a market cap of $180.26 billion, a P/E ratio of 57.49, a P/E/G ratio of 1.44 and a beta of 1.25. The company has a current ratio of 1.00, a quick ratio of 0.94 and a debt-to-equity ratio of 0.46.

Walt Disney Profile

(Get Rating)

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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