Members Wealth LLC purchased a new stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 2,487 shares of the entertainment giant's stock, valued at approximately $272,000.
Other institutional investors have also made changes to their positions in the company. Mpwm Advisory Solutions LLC acquired a new stake in shares of Walt Disney during the fourth quarter valued at about $27,000. FPC Investment Advisory Inc. purchased a new position in shares of Walt Disney in the fourth quarter valued at approximately $28,000. Tacita Capital Inc boosted its stake 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 purchasing an additional 124 shares during the period. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Walt Disney in the fourth quarter valued at approximately $32,000. Finally, Midwest Capital Advisors LLC purchased a new position in shares of Walt Disney in the fourth quarter valued at approximately $34,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.
Walt Disney Stock Up 0.9%
Shares of NYSE:DIS traded up $1.03 during trading on Friday, hitting $113.05. 12,878,557 shares of the company were exchanged, compared to its average volume of 10,067,011. The stock has a market capitalization of $203.24 billion, a P/E ratio of 36.82, a PEG 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. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $118.63. The firm's 50 day moving average price is $97.05 and its 200-day moving average price is $105.63.
Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.24. The business had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The company's revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.21 EPS. On average, research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several research firms have recently commented on DIS. 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 note on Thursday, May 8th. Rosenblatt Securities reissued a "buy" rating and issued a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. Prescient Securities lowered their price objective on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research note on Tuesday, February 4th. Morgan Stanley raised their price objective on shares of Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Finally, Guggenheim decreased their price target on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating for the company in a research note on Thursday, May 8th. Six investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $123.54.
Read Our Latest Stock Report on DIS
Insider Activity
In other news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction 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 transaction, the executive vice president now directly owns 46,831 shares of the company's stock, valued at $5,190,748.04. The trade was a 2.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.16% of the company's stock.
About Walt Disney
(
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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