Kapitalo Investimentos Ltda Purchases Shares of 128,347 The Walt Disney Company (NYSE:DIS)

Kapitalo Investimentos Ltda bought a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 128,347 shares of the entertainment giant's stock, valued at approximately $14,291,000. Walt Disney makes up 9.6% of Kapitalo Investimentos Ltda's investment portfolio, making the stock its 3rd biggest position.

Other institutional investors have also recently made changes to their positions in the company. Trek Financial LLC grew its position in shares of Walt Disney by 479.9% during the fourth quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock worth $4,044,000 after purchasing an additional 30,057 shares in the last quarter. Brookstone Capital Management boosted its stake in Walt Disney by 10.5% during the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant's stock valued at $15,687,000 after buying an additional 13,339 shares during the last quarter. Greystone Financial Group LLC boosted its stake in Walt Disney by 13.3% during the fourth quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant's stock valued at $9,486,000 after buying an additional 9,967 shares during the last quarter. Avanza Fonder AB bought a new position in Walt Disney during the fourth quarter valued at approximately $15,125,000. Finally, FourThought Financial Partners LLC bought a new position in Walt Disney during the fourth quarter valued at approximately $446,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Walt Disney Stock Down 0.1 %

Walt Disney stock traded down $0.11 during midday trading on Thursday, hitting $90.84. 7,784,251 shares of the company's stock were exchanged, compared to its average volume of 10,110,046. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $118.63. The firm has a 50-day moving average of $95.85 and a two-hundred day moving average of $104.11. The company has a market cap of $164.22 billion, a PE ratio of 29.59, a P/E/G ratio of 1.80 and a beta of 1.44.

Walt Disney (NYSE:DIS - Get Free Report) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. As a group, analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on DIS. Prescient Securities dropped their price target on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research note on Tuesday, February 4th. Wolfe Research raised Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price target for the company in a research note on Monday, April 21st. Needham & Company LLC reissued a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research note on Tuesday, April 22nd. Rosenblatt Securities reaffirmed a "buy" rating and issued a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. Finally, Redburn Atlantic raised Walt Disney from a "neutral" rating to a "buy" rating and raised their price objective for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Six investment 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 data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $123.75.

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.