Voya Financial Advisors Inc. Raises Holdings in The Walt Disney Company (NYSE:DIS)

Voya Financial Advisors Inc. increased its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 24.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,230 shares of the entertainment giant's stock after purchasing an additional 3,937 shares during the period. Voya Financial Advisors Inc.'s holdings in Walt Disney were worth $2,241,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of DIS. FPC Investment Advisory Inc. bought a new position in shares of Walt Disney during the fourth quarter worth $28,000. Tacita Capital Inc grew its position in shares of Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after purchasing an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Walt Disney in the fourth quarter worth about $32,000. Midwest Capital Advisors LLC purchased a new stake in shares of Walt Disney in the fourth quarter worth about $34,000. Finally, Bay Harbor Wealth Management LLC bought a new position in Walt Disney during the fourth quarter valued at approximately $35,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Analyst Ratings Changes

DIS has been the topic of a number of research reports. UBS Group reduced their price objective on Walt Disney from $130.00 to $105.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. The Goldman Sachs Group boosted their price target on shares of Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. Loop Capital lifted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, March 4th. Wolfe Research upgraded shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price on the stock in a research report on Monday, April 21st. Finally, Macquarie reaffirmed a "neutral" rating and issued a $110.00 price target on shares of Walt Disney in a report on Monday, January 6th. Six analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $123.75.

Walt Disney Trading Up 0.9 %

DIS traded up $0.80 on Tuesday, reaching $90.96. 2,655,530 shares of the company traded hands, compared to its average volume of 10,077,148. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The company has a market cap of $164.43 billion, a P/E ratio of 29.60, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The firm has a fifty day simple moving average of $96.59 and a two-hundred day simple moving average of $104.22. The Walt Disney Company has a one year low of $80.10 and a one year high of $118.63.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings data 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 return on equity of 9.95% and a net margin of 6.07%. As a group, equities research analysts expect 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.