Castlekeep Investment Advisors LLC Makes New $1.52 Million Investment in The Walt Disney Company (NYSE:DIS)

Castlekeep Investment Advisors LLC bought a new stake in The Walt Disney Company (NYSE:DIS - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 13,617 shares of the entertainment giant's stock, valued at approximately $1,516,000.

Other hedge funds have also made changes to their positions in the company. Drucker Wealth 3.0 LLC raised its holdings in shares of Walt Disney by 4.5% during the fourth quarter. Drucker Wealth 3.0 LLC now owns 12,180 shares of the entertainment giant's stock worth $1,356,000 after acquiring an additional 523 shares in the last quarter. Jupiter Wealth Management LLC increased its position in Walt Disney by 44.8% in the 4th quarter. Jupiter Wealth Management LLC now owns 9,623 shares of the entertainment giant's stock worth $1,072,000 after purchasing an additional 2,975 shares during the last quarter. North Star Asset Management Inc. raised its stake in shares of Walt Disney by 5.5% during the 4th quarter. North Star Asset Management Inc. now owns 126,509 shares of the entertainment giant's stock worth $14,087,000 after purchasing an additional 6,606 shares in the last quarter. Invst LLC lifted its holdings in shares of Walt Disney by 0.8% during the 4th quarter. Invst LLC now owns 18,222 shares of the entertainment giant's stock valued at $2,029,000 after buying an additional 151 shares during the last quarter. Finally, Retirement Planning Group LLC NY acquired a new stake in shares of Walt Disney during the 4th quarter valued at about $259,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Stock Performance

Shares of NYSE:DIS traded down $0.80 on Wednesday, hitting $111.56. 2,647,523 shares of the company were exchanged, compared to its average volume of 10,014,226. The company's 50 day moving average price is $96.34 and its two-hundred day moving average price is $105.46. The firm has a market capitalization of $200.56 billion, a price-to-earnings ratio of 36.32, a PEG ratio of 1.80 and a beta of 1.49. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The Walt Disney Company has a one year low of $80.10 and a one year high of $118.63.

Walt Disney (NYSE:DIS - Get Free Report) last posted 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 firm 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 firm posted $1.21 EPS. The company's revenue for the quarter was up 7.0% on a year-over-year basis. Research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on DIS shares. UBS Group increased their price objective on Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a report on Thursday, May 8th. Guggenheim dropped their price target on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. Rosenblatt Securities restated a "buy" rating and set a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. The Goldman Sachs Group upped their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a report on Tuesday, February 4th. Finally, Loop Capital increased their target price on shares of Walt Disney from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Six research 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 company. According to MarketBeat.com, Walt Disney has an average rating of "Moderate Buy" and a consensus price target of $123.54.

Insider Buying and Selling

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 transaction of $110,840.00. Following the completion of the transaction, the executive vice president now owns 46,831 shares in the company, valued at $5,190,748.04. This trade represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.16% of the stock is owned by company insiders.

About Walt Disney

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.