NorthCrest Asset Manangement LLC increased its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 1.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 201,148 shares of the entertainment giant's stock after buying an additional 3,699 shares during the period. NorthCrest Asset Manangement LLC's holdings in Walt Disney were worth $22,398,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently bought and sold shares of the business. Mpwm Advisory Solutions LLC purchased a new stake in shares of Walt Disney during the 4th quarter worth about $27,000. FPC Investment Advisory Inc. acquired a new stake in Walt Disney in the 4th quarter valued at about $28,000. Tacita Capital Inc increased its holdings in shares of Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock worth $29,000 after buying an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Walt Disney during the 4th quarter worth approximately $32,000. Finally, Midwest Capital Advisors LLC acquired a new stake in shares of Walt Disney during the 4th quarter worth approximately $34,000. Institutional investors own 65.71% of the company's stock.
Insider Buying and Selling at Walt Disney
In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the sale, the executive vice president now 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 transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.16% of the company's stock.
Wall Street Analyst Weigh In
Several analysts recently weighed in on DIS shares. The Goldman Sachs Group lifted their target price on shares of Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a report on Tuesday, February 4th. Rosenblatt Securities reiterated a "buy" rating and issued a $135.00 target price on shares of Walt Disney in a report on Monday, February 10th. Wolfe Research upgraded shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price for the company in a report on Monday, April 21st. Prescient Securities dropped their price target 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. Finally, Barclays boosted their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a research note on Thursday, May 8th. Six investment 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 stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $123.54.
Read Our Latest Stock Report on DIS
Walt Disney Price Performance
Shares of NYSE:DIS traded up $1.03 during trading on Friday, reaching $113.05. The company had a trading volume of 12,878,557 shares, compared to its average volume of 10,067,011. The firm's fifty day moving average is $97.05 and its 200 day moving average is $105.63. The firm has a market capitalization of $203.24 billion, a PE ratio of 36.82, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $118.63. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68.
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, topping analysts' consensus estimates of $1.21 by $0.24. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The business had revenue of $23.62 billion for the quarter, compared to the consensus estimate of $23.15 billion. During the same period in the previous year, the firm earned $1.21 EPS. The business's revenue for the quarter was up 7.0% on a year-over-year basis. On average, equities analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.
Walt Disney Profile
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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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