Aquatic Capital Management LLC Purchases New Position in The Walt Disney Company (NYSE:DIS)

Aquatic Capital Management LLC acquired a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 17,954 shares of the entertainment giant's stock, valued at approximately $1,999,000.

Other hedge funds have also bought and sold shares of the company. FPC Investment Advisory Inc. purchased a new position in shares of Walt Disney during the 4th quarter worth approximately $28,000. Tacita Capital Inc boosted its stake in shares of Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock worth $29,000 after acquiring an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new stake in Walt Disney in the fourth quarter worth about $32,000. Midwest Capital Advisors LLC purchased a new position in Walt Disney during the fourth quarter valued at approximately $34,000. Finally, Bay Harbor Wealth Management LLC bought a new position in Walt Disney in the 4th quarter worth $35,000. 65.71% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. The Goldman Sachs Group increased their target price on Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a research report on Tuesday, February 4th. Macquarie restated a "neutral" rating and set a $110.00 price objective on shares of Walt Disney in a research note on Monday, January 6th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $135.00 price objective on shares of Walt Disney in a research report on Monday, February 10th. Wolfe Research raised shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price target on the stock in a report on Monday, April 21st. Finally, UBS Group reduced their target price on Walt Disney from $130.00 to $105.00 and set a "buy" rating for the company in a research note on Tuesday, April 15th. Six equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Walt Disney presently has an average rating of "Moderate Buy" and an average price target of $123.75.

Walt Disney Trading Up 2.1 %

NYSE DIS traded up $1.88 during mid-day trading on Friday, reaching $92.69. 3,998,547 shares of the stock were exchanged, compared to its average volume of 10,086,468. The Walt Disney Company has a one year low of $80.10 and a one 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. The stock has a 50 day simple moving average of $95.44 and a 200-day simple moving average of $104.02. The stock has a market cap of $167.57 billion, a P/E ratio of 30.19, a P/E/G ratio of 1.80 and a beta of 1.44.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings data 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%. On average, analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

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.