Brucke Financial Inc. Purchases New Shares in The Walt Disney Company (NYSE:DIS)

Brucke Financial Inc. acquired a new position in The Walt Disney Company (NYSE:DIS - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,754 shares of the entertainment giant's stock, valued at approximately $311,000.

Several other large investors have also modified their holdings of DIS. Brighton Jones LLC grew its holdings in shares of Walt Disney by 7.7% in the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock worth $2,980,000 after purchasing an additional 1,904 shares during the last quarter. CX Institutional grew its stake in Walt Disney by 15.2% in the 4th quarter. CX Institutional now owns 9,272 shares of the entertainment giant's stock worth $1,032,000 after acquiring an additional 1,222 shares in the last quarter. CFS Investment Advisory Services LLC purchased a new position in shares of Walt Disney during the fourth quarter worth approximately $252,000. Insight Inv LLC raised its stake in shares of Walt Disney by 8.6% during the fourth quarter. Insight Inv LLC now owns 18,757 shares of the entertainment giant's stock valued at $2,089,000 after acquiring an additional 1,491 shares in the last quarter. Finally, Jacksonville Wealth Management LLC purchased a new stake in shares of Walt Disney in the fourth quarter valued at approximately $650,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on the company. Needham & Company LLC restated a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a report on Thursday, May 8th. Guggenheim dropped their price target on Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Morgan Stanley lifted their price objective on Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Barclays upped their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a research note on Thursday, May 8th. Finally, Wolfe Research raised shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price on the stock in a research report on Monday, April 21st. Six investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Walt Disney has a consensus rating of "Moderate Buy" and a consensus price target of $123.54.

Walt Disney Stock Performance

Shares of DIS traded up $2.60 during mid-day trading on Tuesday, reaching $112.32. The company had a trading volume of 10,190,521 shares, compared to its average volume of 10,043,331. The stock has a market capitalization of $201.92 billion, a P/E ratio of 36.59, a PEG ratio of 1.80 and a beta of 1.49. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $118.63. The stock has a 50 day moving average of $96.07 and a two-hundred day moving average of $105.37. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

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 the consensus estimate of $1.21 by $0.24. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The company had revenue of $23.62 billion during the quarter, compared to analysts' expectations of $23.15 billion. During the same quarter in the prior year, the company earned $1.21 EPS. Walt Disney's revenue was up 7.0% compared to the same quarter last year. On average, analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Brent Woodford sold 1,000 shares of the firm's stock in a transaction that occurred on 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 transaction, the executive vice president now owns 46,831 shares of the company's stock, valued at approximately $5,190,748.04. This trade represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.16% of the stock is currently owned by insiders.

Walt Disney 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.