Northstar Advisory Group LLC Purchases Shares of 5,623 The Walt Disney Company (NYSE:DIS)

Northstar Advisory Group LLC purchased a new stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,623 shares of the entertainment giant's stock, valued at approximately $555,000.

A number of other institutional investors have also recently made changes to their positions in DIS. Brighton Jones LLC lifted its position in shares of Walt Disney by 7.7% during the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock valued at $2,980,000 after buying an additional 1,904 shares during the last quarter. Lecap Asset Management Ltd. bought a new stake in shares of Walt Disney during the 4th quarter valued at $469,000. Vest Financial LLC raised its stake in shares of Walt Disney by 14.3% during the 4th quarter. Vest Financial LLC now owns 7,489 shares of the entertainment giant's stock valued at $834,000 after purchasing an additional 935 shares during the period. Seelaus Asset Management LLC bought a new stake in shares of Walt Disney during the 4th quarter valued at $239,000. Finally, Family Capital Trust Co raised its stake in shares of Walt Disney by 15.7% during the 4th quarter. Family Capital Trust Co now owns 52,643 shares of the entertainment giant's stock valued at $5,862,000 after purchasing an additional 7,149 shares during the period. Hedge funds and other institutional investors own 65.71% of the company's stock.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the business's stock in a transaction dated 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 owns 46,831 shares of the company's stock, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.16% of the stock is currently owned by corporate insiders.

Walt Disney Stock Up 0.6%

Shares of DIS traded up $0.68 on Wednesday, reaching $119.41. The stock had a trading volume of 10,381,889 shares, compared to its average volume of 10,074,087. The company has a 50-day simple moving average of $100.15 and a 200-day simple moving average of $105.82. The firm has a market capitalization of $214.67 billion, a price-to-earnings ratio of 38.90, a price-to-earnings-growth ratio of 1.80 and a beta of 1.54. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $120.50. 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 issued its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.24. The firm 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%. The company's revenue was up 7.0% on a year-over-year basis. During the same period last year, the company earned $1.21 earnings per share. Sell-side analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Loop Capital boosted their price objective on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday. Wolfe Research upgraded Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective on the stock in a research note on Monday, April 21st. Rosenblatt Securities boosted their price objective on Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a research note on Tuesday, June 3rd. Morgan Stanley boosted their price objective on Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Finally, UBS Group boosted their price objective on Walt Disney from $105.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Six analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $123.96.

Walt Disney Company 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.