Chapman Financial Group LLC acquired a new stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,811 shares of the entertainment giant's stock, valued at approximately $758,000.
Several other large investors have also modified their holdings of DIS. Norges Bank acquired a new position in shares of Walt Disney in the 4th quarter valued at $2,415,427,000. Arrowstreet Capital Limited Partnership raised its position in shares of Walt Disney by 75.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 10,858,108 shares of the entertainment giant's stock worth $1,209,050,000 after buying an additional 4,680,930 shares during the period. Jennison Associates LLC boosted its holdings in Walt Disney by 23.4% in the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant's stock valued at $2,137,637,000 after acquiring an additional 3,636,742 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Walt Disney during the fourth quarter valued at about $358,151,000. Finally, Boston Partners acquired a new stake in Walt Disney during the fourth quarter worth about $350,707,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.
Walt Disney Stock Up 1.9 %
NYSE:DIS opened at $92.52 on Monday. The stock has a 50-day simple moving average of $95.08 and a 200 day simple moving average of $104.12. The Walt Disney Company has a one year low of $80.10 and a one year high of $118.63. The company has a market capitalization of $167.26 billion, a price-to-earnings ratio of 30.14, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68.
Walt Disney (NYSE:DIS - Get Free Report) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 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%. Sell-side analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.
Analyst Ratings Changes
A number of analysts have recently issued reports on the company. Barclays decreased their target price on Walt Disney from $125.00 to $115.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Wolfe Research raised shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective for the company in a research report on Monday, April 21st. Redburn Atlantic raised shares of Walt Disney from a "neutral" rating to a "buy" rating and raised their target price for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Macquarie reaffirmed a "neutral" rating and set a $110.00 price target on shares of Walt Disney in a research report on Monday, January 6th. Finally, UBS Group cut their price objective 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. Six investment 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 company. Based on data from MarketBeat, Walt Disney has a consensus rating of "Moderate Buy" and an average target price of $123.75.
Check Out Our Latest Stock Analysis on Walt Disney
Walt Disney Profile
(
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.
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