Brooklyn FI LLC acquired a new stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,775 shares of the entertainment giant's stock, valued at approximately $400,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the company. Brucke Financial Inc. purchased a new position in Walt Disney in the fourth quarter valued at about $311,000. Bernard Wealth Management Corp. purchased a new stake in shares of Walt Disney during the 4th quarter valued at about $353,000. Yoffe Investment Management LLC acquired a new position in Walt Disney during the 4th quarter worth approximately $484,000. LifeWealth Investments LLC acquired a new position in Walt Disney during the 4th quarter worth approximately $288,000. Finally, Capital A Wealth Management LLC purchased a new position in Walt Disney in the 4th quarter worth approximately $72,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.
Walt Disney Stock Performance
Shares of NYSE DIS traded up $0.54 during trading hours on Friday, reaching $112.56. The stock had a trading volume of 3,664,057 shares, compared to its average volume of 10,197,345. The Walt Disney Company has a twelve month low of $80.10 and a twelve month 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 business's fifty day moving average is $96.82 and its two-hundred day moving average is $105.55. The company has a market cap of $202.35 billion, a price-to-earnings ratio of 36.66, a PEG ratio of 1.80 and a beta of 1.49.
Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating the consensus estimate of $1.21 by $0.24. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The business had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. During the same quarter in the previous year, the firm earned $1.21 EPS. Walt Disney's quarterly revenue was up 7.0% on a year-over-year basis. As a group, research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.
Analyst Ratings Changes
DIS has been the topic of a number of analyst reports. Morgan Stanley lifted their price objective on shares of Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Rosenblatt Securities reiterated a "buy" rating and issued a $135.00 price objective on shares of Walt Disney in a report on Monday, February 10th. Prescient Securities lowered their target price on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research note on Tuesday, February 4th. Needham & Company LLC reiterated a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a research note on Thursday, May 8th. Finally, Guggenheim dropped their price objective on Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. 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 currently has a consensus rating of "Moderate Buy" and an average price target of $123.54.
Get Our Latest Analysis on DIS
Insider Transactions at Walt Disney
In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the firm's stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the completion of the sale, the executive vice president now owns 46,831 shares in the company, valued at approximately $5,190,748.04. This trade represents a 2.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.16% of the stock is owned by company insiders.
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.
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