South Plains Financial Inc. purchased a new stake in The Walt Disney Company (NYSE:DIS - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,407 shares of the entertainment giant's stock, valued at approximately $825,000.
Several other hedge funds have also added to or reduced their stakes in DIS. FPC Investment Advisory Inc. acquired a new position in Walt Disney in the 4th quarter valued at about $28,000. Tacita Capital Inc grew its holdings in Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after buying an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd bought a new position in Walt Disney during the 4th quarter worth $32,000. Midwest Capital Advisors LLC acquired a new stake in shares of Walt Disney during the fourth quarter worth $34,000. Finally, Bay Harbor Wealth Management LLC acquired a new position in Walt Disney in the 4th quarter valued at $35,000. Institutional investors and hedge funds own 65.71% of the company's stock.
Walt Disney Trading Up 1.9 %
Shares of DIS stock traded up $1.71 during trading hours on Friday, hitting $92.52. 7,591,072 shares of the company were exchanged, compared to its average volume of 10,113,226. 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 fifty-two week low of $80.10 and a fifty-two week high of $118.63. The company has a 50 day simple moving average of $95.08 and a two-hundred day simple moving average of $104.00. The firm has a market cap of $167.26 billion, a P/E ratio of 30.14, 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 analysts' consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Equities analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.
Analyst Ratings Changes
A number of research analysts recently commented on the company. The Goldman Sachs Group raised their price target on Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. Prescient Securities dropped their target price on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. UBS Group reduced their price target on shares of Walt Disney from $130.00 to $105.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. Barclays decreased their price objective on shares of Walt Disney from $125.00 to $115.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Finally, Macquarie reaffirmed a "neutral" rating and issued a $110.00 target price on shares of Walt Disney in a report on Monday, January 6th. Six equities research 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's stock. According to MarketBeat, Walt Disney currently has a consensus rating of "Moderate Buy" and a consensus target price of $123.75.
Read Our Latest Analysis on DIS
Walt Disney Company 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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