The Walt Disney Company (NYSE:DIS) Position Increased by Hara Capital LLC

Hara Capital LLC boosted its position in The Walt Disney Company (NYSE:DIS - Free Report) by 28.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,722 shares of the entertainment giant's stock after purchasing an additional 2,132 shares during the period. Hara Capital LLC's holdings in Walt Disney were worth $960,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of DIS. Waterloo Capital L.P. grew its holdings in Walt Disney by 3.2% during the 4th quarter. Waterloo Capital L.P. now owns 3,138 shares of the entertainment giant's stock valued at $349,000 after buying an additional 97 shares during the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of Walt Disney by 0.4% during the fourth quarter. Quadrant Capital Group LLC now owns 22,658 shares of the entertainment giant's stock worth $2,523,000 after purchasing an additional 98 shares during the last quarter. Acorns Advisers LLC boosted its holdings in shares of Walt Disney by 2.6% during the fourth quarter. Acorns Advisers LLC now owns 3,826 shares of the entertainment giant's stock worth $426,000 after purchasing an additional 98 shares during the last quarter. Allegheny Financial Group boosted its holdings in shares of Walt Disney by 2.3% during the fourth quarter. Allegheny Financial Group now owns 4,624 shares of the entertainment giant's stock worth $515,000 after purchasing an additional 106 shares during the last quarter. Finally, 1620 Investment Advisors Inc. boosted its holdings in shares of Walt Disney by 1.8% during the fourth quarter. 1620 Investment Advisors Inc. now owns 6,236 shares of the entertainment giant's stock worth $694,000 after purchasing an additional 108 shares during the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DIS has been the topic of several analyst reports. Barclays raised their price objective on Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a report on Wednesday. Guggenheim raised their price objective on Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a report on Friday, June 27th. Rosenblatt Securities lifted their target price on Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a report on Tuesday, June 3rd. Citigroup lifted their target price on Walt Disney from $125.00 to $140.00 and gave the company a "buy" rating in a report on Wednesday. Finally, Wolfe Research upgraded Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price on the stock in a report on Monday, April 21st. Five research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $127.35.

Walt Disney Price Performance

NYSE DIS traded down $1.74 on Friday, reaching $119.82. 6,107,624 shares of the stock traded hands, compared to its average volume of 10,021,690. The firm's fifty day simple moving average is $114.90 and its 200 day simple moving average is $106.70. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.34. The company has a market cap of $215.41 billion, a price-to-earnings ratio of 24.50, a P/E/G ratio of 1.78 and a beta of 1.56. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.21 by $0.24. The firm had revenue of $23.62 billion during the quarter, compared to analyst estimates of $23.15 billion. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The firm's quarterly revenue was up 7.0% on a year-over-year basis. During the same period last year, the company posted $1.21 EPS. As a group, research analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Insider Activity at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the stock in a transaction 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 owned 46,831 shares in the company, valued at approximately $5,190,748.04. This represents a 2.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.16% of the company's stock.

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.