Polar Asset Management Partners Inc. Has $15.12 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

Polar Asset Management Partners Inc. lifted its position in The Walt Disney Company (NYSE:DIS - Free Report) by 60.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 135,828 shares of the entertainment giant's stock after purchasing an additional 51,428 shares during the period. Polar Asset Management Partners Inc.'s holdings in Walt Disney were worth $15,124,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of DIS. Pathway Financial Advisors LLC increased its stake in shares of Walt Disney by 2.7% in the fourth quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant's stock worth $386,000 after purchasing an additional 92 shares during the period. Prossimo Advisors LLC increased its stake in shares of Walt Disney by 1.1% in the fourth quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant's stock worth $972,000 after purchasing an additional 92 shares during the period. Saxon Interests Inc. increased its stake in shares of Walt Disney by 2.8% in the fourth quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant's stock worth $380,000 after purchasing an additional 93 shares during the period. Onefund LLC increased its stake in shares of Walt Disney by 2.0% in the fourth quarter. Onefund LLC now owns 4,856 shares of the entertainment giant's stock worth $541,000 after purchasing an additional 93 shares during the period. Finally, Abundance Wealth Counselors increased its stake in shares of Walt Disney by 1.0% in the fourth quarter. Abundance Wealth Counselors now owns 9,662 shares of the entertainment giant's stock worth $1,076,000 after purchasing an additional 94 shares during the period. Hedge funds and other institutional investors own 65.71% of the company's stock.

Analyst Upgrades and Downgrades

DIS has been the topic of a number of recent analyst reports. Needham & Company LLC reiterated a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a research note on Thursday, May 8th. Rosenblatt Securities reiterated a "buy" rating and issued a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. Citigroup reiterated a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a research note on Wednesday, January 22nd. Wolfe Research upgraded Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price target on the stock in a research note on Monday, April 21st. Finally, Barclays boosted their price target on Walt Disney from $115.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Six analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $123.54.

Walt Disney Price Performance

NYSE DIS traded up $1.04 during trading on Friday, reaching $113.26. 10,940,148 shares of the company traded hands, compared to its average volume of 10,029,360. 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 stock's 50 day moving average price is $94.62 and its two-hundred day moving average price is $104.66. The company has a market cap of $203.62 billion, a price-to-earnings ratio of 36.89, a P/E/G ratio of 1.80 and a beta of 1.49. 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 announced its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping the consensus estimate of $1.21 by $0.24. The business had revenue of $23.62 billion for the quarter, compared to the consensus estimate of $23.15 billion. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Walt Disney's revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.21 EPS. As a group, analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the business's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the transaction, the executive vice president now directly owns 46,831 shares of the company's stock, valued at $5,190,748.04. The trade was a 2.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.16% of the stock is owned by company insiders.

Walt Disney Company Profile

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.