The Walt Disney Company (NYSE:DIS) is CFC Planning Co LLC's 3rd Largest Position

CFC Planning Co LLC increased its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 11.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,772 shares of the entertainment giant's stock after purchasing an additional 4,338 shares during the period. Walt Disney makes up approximately 4.7% of CFC Planning Co LLC's investment portfolio, making the stock its 3rd largest holding. CFC Planning Co LLC's holdings in Walt Disney were worth $4,320,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Waterloo Capital L.P. increased its position in shares of Walt Disney by 3.2% during the fourth quarter. Waterloo Capital L.P. now owns 3,138 shares of the entertainment giant's stock valued at $349,000 after acquiring an additional 97 shares during the last quarter. Quadrant Capital Group LLC boosted its position in shares of Walt Disney by 0.4% during the 4th quarter. Quadrant Capital Group LLC now owns 22,658 shares of the entertainment giant's stock worth $2,523,000 after purchasing an additional 98 shares during the period. Acorns Advisers LLC raised its position in Walt Disney by 2.6% in the fourth quarter. Acorns Advisers LLC now owns 3,826 shares of the entertainment giant's stock valued at $426,000 after purchasing an additional 98 shares during the period. Allegheny Financial Group raised its position in Walt Disney by 2.3% in the fourth quarter. Allegheny Financial Group now owns 4,624 shares of the entertainment giant's stock valued at $515,000 after purchasing an additional 106 shares during the period. Finally, 1620 Investment Advisors Inc. lifted its stake in Walt Disney by 1.8% during the fourth quarter. 1620 Investment Advisors Inc. now owns 6,236 shares of the entertainment giant's stock worth $694,000 after purchasing an additional 108 shares in the last quarter. Institutional investors own 65.71% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on DIS shares. Needham & Company LLC reaffirmed a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a research note on Thursday, May 8th. Citigroup increased their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a "buy" rating in a research report on Wednesday. Barclays upped their target price on shares of Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a research note on Wednesday. Jefferies Financial Group raised shares of Walt Disney from a "hold" rating to a "buy" rating and raised their price target for the company from $100.00 to $144.00 in a research report on Monday, June 30th. Finally, Wolfe Research upgraded 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. Five research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Walt Disney currently has a consensus rating of "Moderate Buy" and a consensus target price of $127.35.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the business'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 sale, the executive vice president directly owned 46,831 shares in the company, 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 Securities & Exchange Commission, which can be accessed through this link. 0.16% of the stock is currently owned by corporate insiders.

Walt Disney Stock Performance

Shares of DIS stock traded down $1.74 during trading hours on Friday, reaching $119.82. 6,107,624 shares of the company's stock were exchanged, compared to its average volume of 10,007,504. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.67 and a quick ratio of 0.61. The company's 50 day moving average is $114.35 and its two-hundred day moving average is $106.65. The company has a market cap of $215.41 billion, a P/E ratio of 24.50, a price-to-earnings-growth ratio of 1.78 and a beta of 1.56. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69.

Walt Disney (NYSE:DIS - Get Free Report) last issued its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping the consensus estimate of $1.21 by $0.24. The company had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. The business's revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.21 EPS. Equities research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

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.