Aurora Private Wealth Inc. bought a new stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 13,544 shares of the entertainment giant's stock, valued at approximately $1,337,000.
A number of other hedge funds have also recently modified their holdings of the business. GPM Growth Investors Inc. grew its stake in shares of Walt Disney by 4.3% during the fourth quarter. GPM Growth Investors Inc. now owns 2,342 shares of the entertainment giant's stock valued at $261,000 after buying an additional 96 shares during the last quarter. Waterloo Capital L.P. grew its stake in shares of Walt Disney by 3.2% during the fourth quarter. Waterloo Capital L.P. now owns 3,138 shares of the entertainment giant's stock valued at $349,000 after buying an additional 97 shares during the last quarter. Quadrant Capital Group LLC grew its stake in shares of Walt Disney by 0.4% during the fourth quarter. Quadrant Capital Group LLC now owns 22,658 shares of the entertainment giant's stock valued at $2,523,000 after buying an additional 98 shares during the last quarter. Acorns Advisers LLC grew its stake in Walt Disney by 2.6% in the fourth quarter. Acorns Advisers LLC now owns 3,826 shares of the entertainment giant's stock worth $426,000 after purchasing an additional 98 shares in the last quarter. Finally, Allegheny Financial Group grew its stake in Walt Disney by 2.3% in the fourth quarter. Allegheny Financial Group now owns 4,624 shares of the entertainment giant's stock worth $515,000 after purchasing an additional 106 shares in the last quarter. Institutional investors own 65.71% of the company's stock.
Walt Disney Stock Performance
Shares of NYSE DIS traded up $1.00 during trading on Friday, reaching $123.98. 4,252,305 shares of the company traded hands, compared to its average volume of 10,037,800. The firm's fifty day simple moving average is $111.87 and its 200 day simple moving average is $106.37. The stock has a market cap of $222.88 billion, a P/E ratio of 25.35, a PEG ratio of 1.81 and a beta of 1.56. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.34.
Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, beating analysts' consensus estimates of $1.21 by $0.24. The business had revenue of $23.62 billion during the quarter, compared to analyst estimates of $23.15 billion. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The company's revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the business posted $1.21 EPS. As a group, research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.
Insider Buying and Selling at Walt Disney
In related news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction dated 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 owned 46,831 shares in the company, valued at $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 is available at the SEC website. 0.16% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
DIS has been the topic of several research analyst reports. 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. Loop Capital increased 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. Needham & Company LLC reissued a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a research note on Thursday, May 8th. Jefferies Financial Group raised Walt Disney from a "hold" rating to a "buy" rating and increased their price objective for the stock from $100.00 to $144.00 in a research note on Monday, June 30th. Finally, Morgan Stanley increased their target price on Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a research report on Thursday, May 8th. Five research 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. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $125.83.
Check Out Our Latest Stock Report on DIS
Walt Disney Company 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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