National Pension Service Acquires 463,128 Shares of The Walt Disney Company $DIS

National Pension Service boosted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 11.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,362,135 shares of the entertainment giant’s stock after buying an additional 463,128 shares during the period. National Pension Service’s holdings in Walt Disney were worth $540,948,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. DiNuzzo Private Wealth Inc. raised its holdings in shares of Walt Disney by 82.5% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after acquiring an additional 94 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new stake in Walt Disney during the 1st quarter worth approximately $26,000. Harbor Asset Planning Inc. bought a new stake in Walt Disney during the 2nd quarter worth approximately $37,000. RMG Wealth Management LLC purchased a new stake in shares of Walt Disney in the second quarter worth approximately $49,000. Finally, Legacy Investment Solutions LLC bought a new position in shares of Walt Disney in the second quarter valued at approximately $53,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Wall Street Zen cut Walt Disney from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Arete Research raised shares of Walt Disney to a “strong sell” rating in a report on Tuesday, October 28th. Raymond James Financial reiterated a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Rosenblatt Securities reiterated a “buy” rating and issued a $141.00 target price on shares of Walt Disney in a report on Friday, October 17th. Finally, Stephens restated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Nineteen 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 stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $132.90.

Walt Disney Trading Up 2.4%

NYSE DIS opened at $114.93 on Wednesday. The business’s fifty day moving average is $113.26 and its 200-day moving average is $114.33. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The stock has a market capitalization of $206.64 billion, a price-to-earnings ratio of 18.01, a PEG ratio of 1.45 and a beta of 1.55. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69.

About Walt Disney

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.