Narwhal Capital Management Has $4.61 Million Holdings in The Walt Disney Company (NYSE:DIS)

Narwhal Capital Management raised its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 19.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 46,698 shares of the entertainment giant's stock after buying an additional 7,706 shares during the period. Narwhal Capital Management's holdings in Walt Disney were worth $4,609,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of DIS. Brighton Jones LLC raised its stake 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 worth $2,980,000 after purchasing an additional 1,904 shares in the last quarter. Fisher Funds Management LTD bought a new position in Walt Disney during the fourth quarter worth $2,240,000. Wealthspire Advisors LLC raised its stake in Walt Disney by 3.9% during the 4th quarter. Wealthspire Advisors LLC now owns 26,006 shares of the entertainment giant's stock valued at $2,896,000 after purchasing an additional 974 shares during the last quarter. Howard Capital Management Inc. boosted its holdings in Walt Disney by 6.3% in the 4th quarter. Howard Capital Management Inc. now owns 11,479 shares of the entertainment giant's stock valued at $1,278,000 after purchasing an additional 681 shares during the period. Finally, Union Bancaire Privee UBP SA acquired a new stake in Walt Disney in the 4th quarter worth $1,621,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

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 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 transaction, the executive vice president now directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.16% of the company's stock.

Walt Disney Price Performance

Shares of DIS traded up $0.93 during trading hours on Friday, reaching $122.39. The stock had a trading volume of 13,368,267 shares, compared to its average volume of 10,118,112. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.67. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $122.93. The stock has a market capitalization of $220.02 billion, a PE ratio of 25.03, a PEG ratio of 1.75 and a beta of 1.54. The company's 50-day moving average is $107.50 and its two-hundred day moving average is $105.97.

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

Wall Street Analyst Weigh In

A number of analysts recently weighed in on DIS shares. UBS Group upped their target price on shares of Walt Disney from $105.00 to $120.00 and gave the company a "buy" rating in a research note on Thursday, May 8th. Guggenheim increased their target price on shares of Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a research report on Friday. Rosenblatt Securities upped their price objective on shares of Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a research note on Tuesday, June 3rd. Barclays upped their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Finally, Morgan Stanley raised their price target 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. Six analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $124.79.

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.