Challenger Wealth Management Invests $262,000 in The Walt Disney Company (NYSE:DIS)

Challenger Wealth Management acquired a new stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 2,357 shares of the entertainment giant's stock, valued at approximately $262,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Pathway Financial Advisors LLC raised its stake in shares of Walt Disney by 2.7% in the 4th quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant's stock worth $386,000 after buying an additional 92 shares in the last quarter. Prossimo Advisors LLC raised its stake in shares of Walt Disney by 1.1% in the 4th quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant's stock worth $972,000 after buying an additional 92 shares in the last quarter. Onefund LLC grew its holdings in shares of Walt Disney by 2.0% in the 4th quarter. Onefund LLC now owns 4,856 shares of the entertainment giant's stock worth $541,000 after acquiring an additional 93 shares during the last quarter. Abundance Wealth Counselors grew its holdings in shares of Walt Disney by 1.0% in the 4th quarter. Abundance Wealth Counselors now owns 9,662 shares of the entertainment giant's stock worth $1,076,000 after acquiring an additional 94 shares during the last quarter. Finally, Boston Financial Mangement LLC grew its holdings in shares of Walt Disney by 1.5% in the 4th quarter. Boston Financial Mangement LLC now owns 6,287 shares of the entertainment giant's stock worth $700,000 after acquiring an additional 94 shares during the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Stock Performance

Shares of Walt Disney stock traded up $2.60 during trading on Tuesday, reaching $112.32. The company's stock had a trading volume of 10,190,521 shares, compared to its average volume of 10,043,331. 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 business's fifty day moving average price is $96.07 and its 200-day moving average price is $105.37. The firm has a market cap of $201.92 billion, a price-to-earnings ratio of 36.59, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49. 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 data 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 business had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The firm's revenue for the quarter was up 7.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.21 earnings per share. As a group, equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Insider Transactions 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 now directly owns 46,831 shares of the company's stock, valued at $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.16% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Guggenheim decreased their target price on Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. Morgan Stanley lifted their target price on Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $135.00 target price on shares of Walt Disney in a research report on Monday, February 10th. Wolfe Research raised Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price for the company in a research report on Monday, April 21st. Finally, Loop Capital raised their target price on Walt Disney from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Six equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $123.54.

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.