St. Clair Advisors LLC Makes New Investment in The Walt Disney Company (NYSE:DIS)

St. Clair Advisors LLC bought a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,033 shares of the entertainment giant's stock, valued at approximately $449,000.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Triglav Skladi D.O.O. purchased a new stake in shares of Walt Disney during the fourth quarter worth about $13,220,000. Two Sigma Advisers LP acquired a new position in Walt Disney during the fourth quarter worth about $6,158,000. Two Sigma Investments LP boosted its position in Walt Disney by 158.5% during the fourth quarter. Two Sigma Investments LP now owns 78,587 shares of the entertainment giant's stock worth $8,751,000 after acquiring an additional 48,184 shares during the last quarter. Texas Bank & Trust Co acquired a new position in Walt Disney during the fourth quarter worth about $986,000. Finally, Trace Wealth Advisors LLC acquired a new position in Walt Disney during the fourth quarter worth about $397,000. Hedge funds and other 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 dated Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total transaction of $110,840.00. Following 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.16% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on DIS. Rosenblatt Securities restated a "buy" rating and set a $135.00 price target on shares of Walt Disney in a research 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 price target on the stock in a research report on Monday, April 21st. The Goldman Sachs Group boosted their price target on shares of Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. Morgan Stanley boosted their target price on shares of Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Finally, Barclays boosted their target price 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. Six equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $123.54.

Walt Disney Stock Performance

Shares of DIS opened at $113.26 on Monday. The company has a 50-day simple moving average of $94.62 and a 200-day simple moving average of $104.79. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $203.62 billion, a PE ratio of 36.89, a P/E/G ratio of 1.80 and a beta of 1.49. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $118.63.

Walt Disney (NYSE:DIS - Get Free Report) last posted its 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. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The firm had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. During the same period last year, the firm posted $1.21 EPS. The firm's revenue for the quarter was up 7.0% on a year-over-year basis. Equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

About Walt Disney

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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