Advisor Resource Council Acquires New Stake in The Walt Disney Company (NYSE:DIS)

Advisor Resource Council bought a new stake in The Walt Disney Company (NYSE:DIS - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,679 shares of the entertainment giant's stock, valued at approximately $434,000.

Other institutional investors also recently bought and sold shares of the company. Mpwm Advisory Solutions LLC bought a new position in Walt Disney in the fourth quarter valued at about $27,000. FPC Investment Advisory Inc. bought a new position in shares of Walt Disney in the fourth quarter worth about $28,000. Tacita Capital Inc raised its stake 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 worth $29,000 after buying an additional 124 shares during the period. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Walt Disney in the fourth quarter worth about $32,000. Finally, Midwest Capital Advisors LLC bought a new position in shares of Walt Disney in the fourth quarter worth about $34,000. Institutional investors own 65.71% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on DIS shares. Rosenblatt Securities raised their price objective on Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a research note on Tuesday, June 3rd. UBS Group raised their price objective on Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Loop Capital raised their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, June 10th. Wolfe Research raised Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective on the stock in a research note on Monday, April 21st. Finally, Guggenheim decreased their target price on Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. Six analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $123.96.

Walt Disney Price Performance

NYSE:DIS traded up $0.13 during trading hours on Monday, reaching $117.76. The stock had a trading volume of 8,074,333 shares, compared to its average volume of 10,105,962. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.67. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $120.50. The company has a 50 day moving average price of $105.35 and a two-hundred day moving average price of $105.74. The stock has a market capitalization of $211.70 billion, a PE ratio of 24.08, a PEG ratio of 1.72 and a beta of 1.54.

Walt Disney (NYSE:DIS - Get Free Report) last announced its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping analysts' consensus estimates of $1.21 by $0.24. The firm had revenue of $23.62 billion during the quarter, compared to analysts' expectations of $23.15 billion. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The company's quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.21 EPS. As a group, sell-side analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the completion of the transaction, the executive vice president now owns 46,831 shares in the company, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.16% of the company's stock.

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.