Focus Partners Advisor Solutions LLC grew its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 39.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 42,815 shares of the entertainment giant's stock after purchasing an additional 12,024 shares during the quarter. Focus Partners Advisor Solutions LLC's holdings in Walt Disney were worth $4,767,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in the stock. Mpwm Advisory Solutions LLC acquired a new position in Walt Disney in the fourth quarter valued at about $27,000. FPC Investment Advisory Inc. bought a new position in shares of Walt Disney during the 4th quarter valued at about $28,000. Tacita Capital Inc lifted its holdings in shares of Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after purchasing an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new position in shares of Walt Disney in the 4th quarter valued at approximately $32,000. Finally, Midwest Capital Advisors LLC bought a new stake in Walt Disney during the 4th quarter worth approximately $34,000. Institutional investors and hedge funds own 65.71% of the company's stock.
Insider Activity at Walt Disney
In related news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the sale, the executive vice president now directly 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.16% of the stock is owned by company insiders.
Walt Disney Stock Performance
Shares of DIS stock traded down $1.40 during trading on Monday, reaching $109.73. 8,084,016 shares of the company's stock were exchanged, compared to its average volume of 10,042,698. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $118.63. The firm's fifty day moving average price is $95.89 and its 200-day moving average price is $105.29. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $197.27 billion, a PE ratio of 35.74, a PEG ratio of 1.80 and a beta of 1.49.
Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating the consensus estimate of $1.21 by $0.24. The firm had revenue of $23.62 billion for the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The company's quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.21 earnings per share. As a group, sell-side analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.
Analysts Set New Price Targets
A number of brokerages have weighed in on DIS. UBS Group lifted their price target on shares of Walt Disney from $105.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Barclays boosted their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the company an "overweight" rating in a research report on Thursday, May 8th. Morgan Stanley upped their target price on shares of Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a research note 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 note on Thursday, May 8th. Finally, Prescient Securities reduced their price objective on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. Six analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Walt Disney has an average rating of "Moderate Buy" and an average price target of $123.54.
Get Our Latest Stock Report on DIS
About Walt Disney
(
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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