Caisse DE Depot ET Placement DU Quebec increased its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 18.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,007,303 shares of the entertainment giant's stock after purchasing an additional 155,300 shares during the quarter. Caisse DE Depot ET Placement DU Quebec owned about 0.06% of Walt Disney worth $112,163,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in DIS. Parvin Asset Management LLC bought a new stake in Walt Disney in the fourth quarter valued at approximately $57,000. Guardian Capital LP lifted its stake in Walt Disney by 5.9% in the fourth quarter. Guardian Capital LP now owns 25,326 shares of the entertainment giant's stock worth $2,820,000 after acquiring an additional 1,400 shares during the period. Connors Investor Services Inc. increased its position in Walt Disney by 43.9% during the 4th quarter. Connors Investor Services Inc. now owns 130,407 shares of the entertainment giant's stock valued at $14,521,000 after purchasing an additional 39,767 shares during the period. Bridgewealth Advisory Group LLC boosted its stake in shares of Walt Disney by 12.9% during the 4th quarter. Bridgewealth Advisory Group LLC now owns 4,735 shares of the entertainment giant's stock valued at $519,000 after purchasing an additional 542 shares in the last quarter. Finally, Kapitalo Investimentos Ltda purchased a new position in shares of Walt Disney during the fourth quarter valued at about $14,291,000. 65.71% of the stock is currently owned by institutional investors.
Walt Disney Trading Up 1.9 %
Shares of NYSE:DIS traded up $1.71 during mid-day trading on Friday, reaching $92.52. 7,591,072 shares of the company were exchanged, compared to its average volume of 10,124,078. The firm has a market cap of $167.26 billion, a price-to-earnings ratio of 30.14, a P/E/G ratio of 1.80 and a beta of 1.49. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $118.63. The firm's 50-day simple moving average is $95.08 and its 200 day simple moving average is $104.07.
Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly 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%. Equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.
Analyst Ratings Changes
Several equities research analysts recently weighed in on DIS shares. 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. Morgan Stanley increased their price target 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. Rosenblatt Securities reaffirmed a "buy" rating and set a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. UBS Group dropped their price target on Walt Disney from $130.00 to $105.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. Finally, Prescient Securities reduced their price objective on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. Six equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $123.75.
Check Out Our Latest Stock Analysis on DIS
About Walt Disney
(
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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