Grace & Mercy Foundation Inc. Has $31.70 Million Holdings in The Walt Disney Company (NYSE:DIS)

Grace & Mercy Foundation Inc. lowered its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 15.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 284,700 shares of the entertainment giant's stock after selling 51,500 shares during the quarter. Walt Disney accounts for approximately 7.1% of Grace & Mercy Foundation Inc.'s investment portfolio, making the stock its 7th largest position. Grace & Mercy Foundation Inc.'s holdings in Walt Disney were worth $31,701,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. FPC Investment Advisory Inc. bought a new stake in Walt Disney in the fourth quarter worth approximately $28,000. Tacita Capital Inc boosted its holdings in 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 purchasing an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Walt Disney in the fourth quarter worth about $32,000. Midwest Capital Advisors LLC acquired a new stake in Walt Disney in the 4th quarter worth approximately $34,000. Finally, Bay Harbor Wealth Management LLC bought a new stake in shares of Walt Disney during the 4th quarter worth $35,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on DIS. Needham & Company LLC reaffirmed a "buy" rating and issued a $125.00 target price on shares of Walt Disney in a report on Thursday. Barclays increased their target price on shares of Walt Disney from $115.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday. Citigroup restated a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Morgan Stanley lifted their price objective on Walt Disney from $110.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday. Finally, UBS Group raised their target price on Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday. Six investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $123.54.

Walt Disney Stock Up 4.3%

Shares of Walt Disney stock traded up $4.57 on Monday, hitting $110.51. The company had a trading volume of 18,360,215 shares, compared to its average volume of 10,039,054. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $118.63. 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 has a market capitalization of $199.79 billion, a price-to-earnings ratio of 36.00, a P/E/G ratio of 1.80 and a beta of 1.49. The stock has a 50 day moving average of $93.86 and a 200-day moving average of $104.22.

Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, beating analysts' consensus estimates of $1.21 by $0.24. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The firm had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. During the same period in the prior year, the firm earned $1.21 EPS. The company's revenue was up 7.0% compared to the same quarter last year. As a group, sell-side analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current year.

About Walt Disney

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.