Heck Capital Advisors LLC Invests $436,000 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 the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 3,918 shares of the entertainment giant's stock, valued at approximately $436,000.

A number of other institutional investors have also made changes to their positions in DIS. Leigh Baldwin & CO. LLC acquired a new position in shares of Walt Disney during the 4th quarter worth approximately $544,000. Polar Asset Management Partners Inc. raised its holdings in Walt Disney by 60.9% during the 4th quarter. Polar Asset Management Partners Inc. now owns 135,828 shares of the entertainment giant's stock worth $15,124,000 after purchasing an additional 51,428 shares during the last quarter. H&H Retirement Design & Management INC increased its stake in shares of Walt Disney by 11.7% in the 4th quarter. H&H Retirement Design & Management INC now owns 6,007 shares of the entertainment giant's stock valued at $653,000 after acquiring an additional 631 shares in the last quarter. Hall Capital Management Co. Inc. acquired a new position in shares of Walt Disney during the fourth quarter valued at about $410,000. Finally, Ameriflex Group Inc. bought a new stake in shares of Walt Disney during the fourth quarter worth about $233,000. Institutional investors own 65.71% of the company's stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on DIS. Needham & Company LLC reissued a "buy" rating and set a $125.00 target price on shares of Walt Disney in a research report on Thursday, May 8th. Guggenheim lowered their price objective on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Barclays raised 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. The Goldman Sachs Group raised their price target on shares of Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a report on Tuesday, February 4th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and set a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Six research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $123.54.

Walt Disney Stock Performance

Shares of DIS stock traded down $0.20 on Thursday, hitting $111.32. 2,248,203 shares of the stock traded hands, compared to its average volume of 10,004,998. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The company has a market capitalization of $200.13 billion, a PE ratio of 36.25, a PEG ratio of 1.80 and a beta of 1.49. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $118.63. The company's fifty day moving average is $96.59 and its 200 day moving average is $105.50.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business's revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.21 EPS. On average, equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Insider Buying and Selling

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