7,769 Shares in The Walt Disney Company (NYSE:DIS) Bought by Chancellor Financial Group WB LP

Chancellor Financial Group WB LP bought a new stake in The Walt Disney Company (NYSE:DIS - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 7,769 shares of the entertainment giant's stock, valued at approximately $865,000. Walt Disney accounts for about 0.7% of Chancellor Financial Group WB LP's holdings, making the stock its 27th biggest holding.

Several other hedge funds have also recently bought and sold shares of the company. Trek Financial LLC boosted its position in Walt Disney by 479.9% during the 4th quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock worth $4,044,000 after buying an additional 30,057 shares during the period. Greystone Financial Group LLC boosted its position in Walt Disney by 13.3% during the 4th quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant's stock worth $9,486,000 after buying an additional 9,967 shares during the period. FourThought Financial Partners LLC acquired a new stake in Walt Disney during the 4th quarter worth approximately $446,000. Swedbank AB boosted its position in Walt Disney by 14.4% during the 4th quarter. Swedbank AB now owns 3,361,792 shares of the entertainment giant's stock worth $374,336,000 after buying an additional 422,339 shares during the period. Finally, Alecta Tjanstepension Omsesidigt boosted its position in Walt Disney by 2.9% during the 4th quarter. Alecta Tjanstepension Omsesidigt now owns 3,569,400 shares of the entertainment giant's stock worth $397,667,000 after buying an additional 100,000 shares during the period. 65.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on DIS. Rosenblatt Securities reiterated a "buy" rating and set a $135.00 target price on shares of Walt Disney in a research report on Monday, February 10th. The Goldman Sachs Group lifted their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a research note on Tuesday, February 4th. Morgan Stanley boosted their price target on shares of Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Guggenheim cut their price objective on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. Finally, Prescient Securities cut their price objective on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a report on Tuesday, February 4th. Six investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $123.54.

Walt Disney Price Performance

Shares of DIS traded up $1.03 during midday trading on Friday, hitting $113.05. 12,878,557 shares of the company traded hands, compared to its average volume of 10,067,011. The stock has a 50-day moving average of $97.05 and a 200-day moving average of $105.63. The Walt Disney Company has a one year low of $80.10 and a one year high of $118.63. The firm has a market cap of $203.24 billion, a P/E ratio of 36.82, a PEG ratio of 1.80 and a beta of 1.49. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.24. The company had revenue of $23.62 billion for the quarter, compared to analysts' expectations of $23.15 billion. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Walt Disney's revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.21 earnings per share. As a group, sell-side analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the company's 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 completion of the sale, the executive vice president now owns 46,831 shares of the company's stock, valued at $5,190,748.04. This represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.16% of the stock is owned by company 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.