Rathbones Group PLC decreased its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 2.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,580,532 shares of the entertainment giant's stock after selling 35,129 shares during the quarter. Walt Disney accounts for approximately 0.9% of Rathbones Group PLC's investment portfolio, making the stock its 28th largest holding. Rathbones Group PLC owned 0.09% of Walt Disney worth $175,992,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the company. FPC Investment Advisory Inc. acquired a new stake in Walt Disney during the 4th quarter worth about $28,000. Tacita Capital Inc boosted its stake 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 buying an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in Walt Disney during the fourth quarter worth about $32,000. Midwest Capital Advisors LLC purchased a new position in Walt Disney during the fourth quarter valued at approximately $34,000. Finally, Bay Harbor Wealth Management LLC acquired a new position in Walt Disney in the fourth quarter valued at approximately $35,000. Hedge funds and other institutional investors own 65.71% of the company's stock.
Walt Disney Price Performance
Shares of NYSE:DIS traded down $0.37 during midday trading on Friday, hitting $84.86. The company's stock had a trading volume of 5,211,137 shares, compared to its average volume of 9,971,087. The company has a market cap of $153.41 billion, a P/E ratio of 27.46, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $118.63. The business's 50 day simple moving average is $102.40 and its 200 day simple moving average is $104.81. 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 issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. On average, analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.
Analyst Ratings Changes
A number of brokerages have recently commented on DIS. Citigroup reaffirmed a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a research note on Wednesday, January 22nd. Macquarie restated a "neutral" rating and set a $110.00 price target on shares of Walt Disney in a research report on Monday, January 6th. Prescient Securities cut their price objective on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a report on Tuesday, February 4th. Morgan Stanley increased their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Finally, Needham & Company LLC restated a "buy" rating and set a $130.00 target price on shares of Walt Disney in a research report on Wednesday, February 5th. Six investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $125.13.
Check Out Our Latest Research Report on DIS
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.
Further Reading
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
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
