Leigh Baldwin & CO. LLC bought a new position in The Walt Disney Company (NYSE:DIS - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,886 shares of the entertainment giant's stock, valued at approximately $544,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC bought a new position in shares of Walt Disney in the fourth quarter valued at $27,000. FPC Investment Advisory Inc. bought a new position in shares of Walt Disney in the fourth quarter valued at $28,000. Tacita Capital Inc increased its holdings in shares of Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after buying an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Walt Disney in the fourth quarter valued at $32,000. Finally, Midwest Capital Advisors LLC bought a new position in shares of Walt Disney in the fourth quarter valued at $34,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Walt Disney
In other news, EVP Brent Woodford sold 1,000 shares of the firm'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 sale, the executive vice president now directly owns 46,831 shares of the company's stock, valued at $5,190,748.04. This trade represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 0.16% of the company's stock.
Analyst Ratings Changes
Several research firms have issued reports on DIS. Prescient Securities dropped their price target on Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a report on Tuesday, February 4th. The Goldman Sachs Group lifted their price target on Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a report on Tuesday, February 4th. Rosenblatt Securities reissued a "buy" rating and set a $135.00 price target on shares of Walt Disney in a research report on Monday, February 10th. Guggenheim cut their price objective on Walt Disney from $130.00 to $120.00 and set a "buy" rating for the company in a report on Thursday, May 8th. Finally, Loop Capital upped 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. Six research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $123.54.
Check Out Our Latest Stock Report on DIS
Walt Disney Stock Up 2.4%
Shares of NYSE:DIS traded up $2.60 during trading on Tuesday, reaching $112.32. 10,190,521 shares of the stock were exchanged, compared to its average volume of 10,043,331. The stock has a fifty day moving average of $96.07 and a two-hundred day moving average of $105.37. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $118.63. The firm has a market cap of $201.92 billion, a price-to-earnings ratio of 36.59, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.
Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.24. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The business had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. During the same quarter in the prior year, the company posted $1.21 earnings per share. Walt Disney's revenue was up 7.0% compared to the same quarter last year. Research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.
Walt Disney Company Profile
(
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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