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Aptus Capital Advisors LLC Buys 28,001 Shares of The Walt Disney Company (NYSE:DIS)

Walt Disney logo with Consumer Discretionary background

Aptus Capital Advisors LLC raised its position in The Walt Disney Company (NYSE:DIS - Free Report) by 137.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 48,385 shares of the entertainment giant's stock after acquiring an additional 28,001 shares during the period. Aptus Capital Advisors LLC's holdings in Walt Disney were worth $5,405,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. FPC Investment Advisory Inc. bought a new stake in Walt Disney during the 4th quarter worth approximately $28,000. Tacita Capital Inc raised its holdings 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 purchasing an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new position in Walt Disney during the fourth quarter worth about $32,000. Midwest Capital Advisors LLC purchased a new position in shares of Walt Disney in the 4th quarter worth approximately $34,000. Finally, Bay Harbor Wealth Management LLC bought a new position in shares of Walt Disney in the fourth quarter valued at approximately $35,000. Institutional investors own 65.71% of the company's stock.

Walt Disney Trading Up 0.1 %

Shares of Walt Disney stock traded up $0.09 during trading on Tuesday, reaching $92.20. 11,789,668 shares of the stock were exchanged, compared to its average volume of 10,131,296. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $118.63. The firm has a market cap of $166.68 billion, a price-to-earnings ratio of 30.03, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49. 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 stock's fifty day moving average is $94.69 and its 200 day moving average is $104.09.

Walt Disney (NYSE:DIS - Get Free Report) last announced its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate 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 research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently weighed in on DIS. Macquarie restated a "neutral" rating and set a $110.00 price target on shares of Walt Disney in a research report on Monday, January 6th. Wolfe Research upgraded shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price for the company in a research note on Monday, April 21st. Redburn Atlantic upgraded Walt Disney from a "neutral" rating to a "buy" rating and raised their target price for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Prescient Securities lowered their price target on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a report on Tuesday, February 4th. Finally, Barclays decreased their target price on shares of Walt Disney from $125.00 to $115.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Six equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, Walt Disney currently has a consensus rating of "Moderate Buy" and an average target price of $123.75.

Read Our Latest Stock Report on DIS

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.

Further Reading

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

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