4WEALTH Advisors Inc. Makes New $569,000 Investment in The Walt Disney Company (NYSE:DIS)

4WEALTH Advisors Inc. purchased a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,110 shares of the entertainment giant's stock, valued at approximately $569,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. purchased a new position in shares of Walt Disney in the 4th quarter valued at about $28,000. Tacita Capital Inc increased 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 in the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Walt Disney during the 4th quarter worth approximately $32,000. Midwest Capital Advisors LLC purchased a new position in shares of Walt Disney during the 4th quarter valued at approximately $34,000. Finally, Bay Harbor Wealth Management LLC acquired a new stake in Walt Disney in the 4th quarter valued at $35,000. Institutional investors and hedge funds own 65.71% of the company's stock.

Walt Disney Stock Up 1.9 %

DIS stock traded up $1.71 during midday trading on Friday, hitting $92.52. The company's stock had a trading volume of 7,591,072 shares, compared to its average volume of 10,124,078. The firm has a 50-day simple moving average of $95.08 and a 200-day simple moving average of $104.07. The firm has a market capitalization of $167.26 billion, a P/E ratio of 30.14, a PEG ratio of 1.80 and a beta of 1.44. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $118.63.

Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating 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, equities analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Ratings Changes

Several research firms have issued reports on DIS. Redburn Atlantic raised shares of Walt Disney from a "neutral" rating to a "buy" rating and increased their price objective for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Macquarie reiterated a "neutral" rating and set a $110.00 price objective on shares of Walt Disney in a research note on Monday, January 6th. UBS Group decreased their target price on Walt Disney from $130.00 to $105.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. The Goldman Sachs Group boosted their price target on Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. Finally, Morgan Stanley raised their price objective on Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Six research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Walt Disney currently has an average rating of "Moderate Buy" and a consensus price target of $123.75.

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.