Heck Capital Advisors LLC Makes New Investment in The Walt Disney Company (NYSE:DIS)

Heck Capital Advisors LLC purchased a new stake in The Walt Disney Company (NYSE:DIS - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 3,918 shares of the entertainment giant's stock, valued at approximately $436,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DIS. Leigh Baldwin & CO. LLC acquired a new position in shares of Walt Disney in the 4th quarter valued at about $544,000. Polar Asset Management Partners Inc. lifted its holdings in Walt Disney by 60.9% in the 4th quarter. Polar Asset Management Partners Inc. now owns 135,828 shares of the entertainment giant's stock valued at $15,124,000 after purchasing an additional 51,428 shares in the last quarter. H&H Retirement Design & Management INC grew its position in shares of Walt Disney by 11.7% in the fourth quarter. H&H Retirement Design & Management INC now owns 6,007 shares of the entertainment giant's stock valued at $653,000 after purchasing an additional 631 shares in the last quarter. Hall Capital Management Co. Inc. purchased a new position in Walt Disney during the fourth quarter worth about $410,000. Finally, Ameriflex Group Inc. purchased a new position in shares of Walt Disney during the 4th quarter worth $233,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. UBS Group upped their price target on Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Loop Capital lifted 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. Needham & Company LLC restated a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a research report on Thursday, May 8th. Prescient Securities lowered their price objective on Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a report on Tuesday, February 4th. Finally, The Goldman Sachs Group upped their price target on Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating 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 given a strong buy rating to the company. According to MarketBeat, Walt Disney currently has a consensus rating of "Moderate Buy" and a consensus target price of $123.54.

Walt Disney Price Performance

DIS traded up $2.60 during midday trading on Tuesday, hitting $112.32. 10,190,521 shares of the company traded hands, compared to its average volume of 10,043,331. The business has a 50 day simple moving average of $96.07 and a two-hundred day simple moving average of $105.37. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $118.63. The company has a market capitalization of $201.92 billion, a price-to-earnings ratio of 36.59, a PEG ratio of 1.80 and a beta of 1.49. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping the consensus estimate of $1.21 by $0.24. The firm had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The business'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 posted $1.21 EPS. On average, equities analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction that occurred on Tuesday, May 13th. The shares were 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 directly owns 46,831 shares of the company's stock, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.16% of the stock is currently owned by corporate 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.