Alteri Wealth LLC bought a new stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 13,936 shares of the entertainment giant's stock, valued at approximately $1,552,000.
A number of other institutional investors also recently made changes to their positions in the stock. FPC Investment Advisory Inc. purchased a new position in Walt Disney in the 4th quarter valued at about $28,000. Tacita Capital Inc raised its position in shares of Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after buying an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Walt Disney during the fourth quarter valued at approximately $32,000. Midwest Capital Advisors LLC acquired a new stake in Walt Disney during the fourth quarter worth approximately $34,000. Finally, Bay Harbor Wealth Management LLC purchased a new stake in Walt Disney in the 4th quarter worth approximately $35,000. 65.71% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on the company. UBS Group decreased their price objective on Walt Disney from $130.00 to $105.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Morgan Stanley raised their price target on Walt Disney from $125.00 to $130.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a research note on Tuesday, April 22nd. The Goldman Sachs Group raised their target price on shares of Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. Finally, Prescient Securities dropped their price target on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. Six analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $123.75.
Get Our Latest Stock Analysis on Walt Disney
Walt Disney Price Performance
Shares of DIS stock opened at $92.52 on Friday. The firm has a fifty day moving average of $95.08 and a two-hundred day moving average of $104.00. The firm has a market cap of $167.26 billion, a P/E ratio of 30.14, a P/E/G ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $118.63. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.
Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping analysts' consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. As a group, research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.
About Walt Disney
(
Free Report)
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.
See Also
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