Hancock Whitney Corp lifted its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 35.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,424 shares of the entertainment giant's stock after purchasing an additional 4,541 shares during the period. Hancock Whitney Corp's holdings in Walt Disney were worth $1,940,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently made changes to their positions in DIS. FPC Investment Advisory Inc. acquired a new stake in shares of Walt Disney during the 4th quarter valued at $28,000. Tacita Capital Inc raised its position 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 during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Walt Disney during the 4th quarter valued at $32,000. Midwest Capital Advisors LLC purchased a new stake in Walt Disney in the 4th quarter worth about $34,000. Finally, Bay Harbor Wealth Management LLC purchased a new stake in Walt Disney in the 4th quarter worth about $35,000. Institutional investors own 65.71% of the company's stock.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on DIS. The Goldman Sachs Group lifted their price target on Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a research report on Tuesday, February 4th. Barclays dropped their price target on shares of Walt Disney from $125.00 to $115.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Citigroup reiterated a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Wolfe Research upgraded shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective for the company in a research note on Monday, April 21st. Finally, Prescient Securities reduced their price objective on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research note on Tuesday, February 4th. Six investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $123.75.
View Our Latest Stock Report on DIS
Walt Disney Trading Up 1.2 %
Shares of NYSE:DIS traded up $1.07 during trading on Tuesday, hitting $91.23. 2,218,247 shares of the company's stock were exchanged, compared to its average volume of 10,075,410. The firm has a market cap of $164.93 billion, a P/E ratio of 29.69, a PEG ratio of 1.80 and a beta of 1.44. The firm has a 50-day moving average price of $96.59 and a two-hundred day moving average price of $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 1-year low of $80.10 and a 1-year high of $118.63.
Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping analysts' consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Equities analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.
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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