Leigh Baldwin & CO. LLC acquired a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 544,050 shares of the entertainment giant's stock, valued at approximately $60,580,000.
A number of other hedge funds also recently made changes to their positions in the stock. FPC Investment Advisory Inc. bought a new stake in shares of Walt Disney in the fourth quarter valued at $28,000. Tacita Capital Inc raised its position in Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after purchasing an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Walt Disney in the 4th quarter worth approximately $32,000. Midwest Capital Advisors LLC bought a new position in Walt Disney during the 4th quarter valued at approximately $34,000. Finally, Bay Harbor Wealth Management LLC purchased a new stake in Walt Disney during the 4th quarter valued at $35,000. 65.71% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on the company. The Goldman Sachs Group boosted their price objective on Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a research report on Tuesday, February 4th. 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. Loop Capital upped 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. UBS Group raised their target price on Walt Disney from $105.00 to $120.00 and gave the company a "buy" rating in a research report on Thursday. Finally, Barclays raised their target price on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a research note on Thursday. Six analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $123.54.
View Our Latest Stock Analysis on DIS
Walt Disney Price Performance
NYSE:DIS opened at $105.93 on Monday. The business's 50-day moving average is $93.86 and its 200 day moving average is $104.22. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $118.63. The company has a market capitalization of $191.50 billion, a P/E ratio of 34.50, a P/E/G ratio of 1.80 and a beta of 1.49.
Walt Disney (NYSE:DIS - Get Free Report) last announced its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (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 analysts' expectations of $23.15 billion. During the same quarter last year, the firm earned $1.21 EPS. The business's revenue for the quarter was up 7.0% on a year-over-year basis. On average, equities research analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal 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.
Featured Articles
Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Walt Disney Company (NYSE:DIS - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Walt Disney, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Walt Disney wasn't on the list.
While Walt Disney currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
