Aspire Private Capital LLC Grows Holdings in The Walt Disney Company (NYSE:DIS)

Aspire Private Capital LLC grew its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 65.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,438 shares of the entertainment giant's stock after purchasing an additional 2,932 shares during the quarter. Aspire Private Capital LLC's holdings in Walt Disney were worth $734,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in DIS. Mpwm Advisory Solutions LLC bought a new position in shares of Walt Disney during the 4th quarter worth $27,000. FPC Investment Advisory Inc. bought a new position in Walt Disney during the fourth quarter worth about $28,000. Tacita Capital Inc increased 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 purchasing an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Walt Disney in the fourth quarter worth about $32,000. Finally, Midwest Capital Advisors LLC bought a new stake in shares of Walt Disney in the fourth quarter valued at approximately $34,000. 65.71% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

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 sale, the executive vice president now directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.16% of the company's stock.

Walt Disney Trading Up 0.9%

Shares of Walt Disney stock traded up $1.06 during trading on Tuesday, reaching $118.81. The company's stock had a trading volume of 8,347,364 shares, compared to its average volume of 10,098,961. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.34. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $120.50. The firm's 50-day moving average is $105.35 and its two-hundred day moving average is $105.74. The company has a market cap of $213.59 billion, a price-to-earnings ratio of 24.30, a PEG ratio of 1.72 and a beta of 1.54.

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

Analyst Ratings Changes

Several research analysts recently commented on DIS shares. Rosenblatt Securities raised their price objective on shares of Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a report on Tuesday, June 3rd. Wolfe Research raised Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price target for the company in a report on Monday, April 21st. Morgan Stanley lifted their price target on Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a research report on Thursday, May 8th. Needham & Company LLC reissued a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a report on Thursday, May 8th. Finally, Loop Capital raised their target price on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, June 10th. Six analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Walt Disney has an average rating of "Moderate Buy" and a consensus target price of $123.96.

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.