Lakeshore Capital Group Inc. Acquires New Holdings in The Walt Disney Company (NYSE:DIS)

Lakeshore Capital Group Inc. acquired a new position in The Walt Disney Company (NYSE:DIS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,466 shares of the entertainment giant's stock, valued at approximately $609,000.

A number of other large investors have also made changes to their positions in DIS. Pathway Financial Advisors LLC grew its position in Walt Disney by 2.7% during the fourth quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant's stock valued at $386,000 after purchasing an additional 92 shares in the last quarter. Prossimo Advisors LLC increased its position in Walt Disney by 1.1% during the fourth quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant's stock worth $972,000 after buying an additional 92 shares during the last quarter. Onefund LLC increased its position in Walt Disney by 2.0% during the fourth quarter. Onefund LLC now owns 4,856 shares of the entertainment giant's stock worth $541,000 after buying an additional 93 shares during the last quarter. Abundance Wealth Counselors grew its position in shares of Walt Disney by 1.0% in the fourth quarter. Abundance Wealth Counselors now owns 9,662 shares of the entertainment giant's stock valued at $1,076,000 after purchasing an additional 94 shares during the last quarter. Finally, Boston Financial Mangement LLC increased its position in Walt Disney by 1.5% in the 4th quarter. Boston Financial Mangement LLC now owns 6,287 shares of the entertainment giant's stock worth $700,000 after buying an additional 94 shares during the period. Institutional investors and hedge funds own 65.71% of the company's stock.

Walt Disney Stock Up 2.4%

Shares of DIS stock traded up $2.60 during trading hours on Tuesday, reaching $112.32. 10,190,521 shares of the stock were exchanged, compared to its average volume of 10,043,331. The firm has a market capitalization of $201.92 billion, a P/E ratio of 36.59, a P/E/G ratio of 1.80 and a beta of 1.49. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $118.63. 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 business's fifty day moving average is $96.07 and its two-hundred day moving average is $105.37.

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

Insider Transactions at Walt Disney

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. Company insiders own 0.16% of the company's stock.

Analysts Set New Price Targets

Several research firms recently weighed in on DIS. Needham & Company LLC reiterated a "buy" rating and issued a $125.00 target price on shares of Walt Disney in a research note on Thursday, May 8th. Guggenheim lowered their price target on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. The Goldman Sachs Group increased their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a research report on Tuesday, February 4th. 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 report on Thursday, May 8th. Finally, Morgan Stanley upped their price objective on shares of Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Six analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $123.54.

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.