Captrust Financial Advisors Grows Position in The Walt Disney Company (NYSE:DIS)

Captrust Financial Advisors boosted its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 5.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 245,967 shares of the entertainment giant's stock after acquiring an additional 12,277 shares during the period. Captrust Financial Advisors' holdings in Walt Disney were worth $27,388,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of DIS. FPC Investment Advisory Inc. bought a new position in Walt Disney in the fourth quarter valued at $28,000. Tacita Capital Inc increased its position 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 valued at $29,000 after purchasing an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Walt Disney in the 4th quarter valued at $32,000. Midwest Capital Advisors LLC bought a new stake in Walt Disney in the fourth quarter worth $34,000. Finally, Bay Harbor Wealth Management LLC bought a new stake in Walt Disney in the 4th quarter worth $35,000. Institutional investors own 65.71% of the company's stock.

Wall Street Analyst Weigh In

DIS has been the topic of several recent analyst reports. Rosenblatt Securities reissued a "buy" rating and issued a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Wolfe Research raised Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price on the stock in a research note on Monday, April 21st. Morgan Stanley lifted their price target on shares of Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday. Prescient Securities decreased their price objective on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a report on Tuesday, February 4th. Finally, Guggenheim reduced their price target on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a research report on Thursday. Six investment 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $123.54.

Walt Disney Stock Performance

DIS traded up $0.81 during midday trading on Friday, hitting $105.93. 10,435,544 shares of the company traded hands, compared to its average volume of 10,029,150. The company's 50-day moving average is $93.86 and its 200 day moving average is $104.11. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $118.63. The firm has a market capitalization of $191.50 billion, a PE ratio of 34.50, 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.

Walt Disney (NYSE:DIS - Get Free Report) last issued its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.24. The company had revenue of $23.62 billion for the quarter, compared to analysts' expectations of $23.15 billion. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The firm's quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the company posted $1.21 earnings per share. On average, research analysts expect 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.