Audent Global Asset Management LLC grew its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 270.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 10,273 shares of the entertainment giant's stock after buying an additional 7,499 shares during the quarter. Audent Global Asset Management LLC's holdings in Walt Disney were worth $1,149,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Mpwm Advisory Solutions LLC purchased a new position in shares of Walt Disney in the 4th quarter valued at approximately $27,000. FPC Investment Advisory Inc. bought a new stake in shares of Walt Disney in the 4th quarter worth $28,000. Tacita Capital Inc grew its holdings 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 worth $29,000 after acquiring an additional 124 shares during the period. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Walt Disney in the fourth quarter worth $32,000. Finally, Midwest Capital Advisors LLC bought a new stake in shares of Walt Disney in the fourth quarter worth $34,000. 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 company'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 sale, the executive vice president now owns 46,831 shares in the company, valued at $5,190,748.04. This represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.16% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the company. Loop Capital lifted their target price on Walt Disney from $120.00 to $125.00 and gave the company a "buy" rating in a research report on Thursday, May 8th. Guggenheim decreased their price target on Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. Wolfe Research raised Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective on the stock in a research report on Monday, April 21st. UBS Group raised their price target on shares of Walt Disney from $105.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Finally, The Goldman Sachs Group lifted their target price on Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a report on Tuesday, February 4th. Six equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $123.54.
Check Out Our Latest Analysis on DIS
Walt Disney Trading Down 0.7%
Shares of Walt Disney stock traded down $0.81 during trading hours on Wednesday, hitting $111.55. The company's stock had a trading volume of 5,777,768 shares, compared to its average volume of 10,035,230. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $118.63. The firm has a fifty day moving average of $96.34 and a 200-day moving average of $105.46. The stock has a market cap of $200.54 billion, a price-to-earnings ratio of 36.34, a P/E/G ratio of 1.80 and a beta of 1.49. 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 announced its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating the consensus estimate of $1.21 by $0.24. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The business had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. During the same quarter in the prior year, the company posted $1.21 EPS. The company's quarterly revenue was up 7.0% on a year-over-year basis. Research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.
Walt Disney Profile
(
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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