Greenland Capital Management LP Purchases Shares of 17,328 The Walt Disney Company (NYSE:DIS)

Greenland Capital Management LP acquired a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 17,328 shares of the entertainment giant's stock, valued at approximately $1,929,000.

A number of other large investors have also recently made changes to their positions in the business. Geode Capital Management LLC boosted its holdings in shares of Walt Disney by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 38,482,309 shares of the entertainment giant's stock worth $4,272,590,000 after purchasing an additional 809,989 shares during the period. Norges Bank purchased a new position in Walt Disney during the fourth quarter worth $2,415,427,000. Jennison Associates LLC increased its position in Walt Disney by 23.4% during the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant's stock valued at $2,137,637,000 after acquiring an additional 3,636,742 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Walt Disney by 15.5% in the fourth quarter. Bank of New York Mellon Corp now owns 17,104,295 shares of the entertainment giant's stock valued at $1,904,563,000 after acquiring an additional 2,300,912 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Walt Disney by 75.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 10,858,108 shares of the entertainment giant's stock worth $1,209,050,000 after acquiring an additional 4,680,930 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Down 0.4 %

Shares of NYSE DIS traded down $0.31 during trading hours on Friday, hitting $84.92. 10,193,577 shares of the stock were exchanged, compared to its average volume of 10,003,552. The company has a market cap of $153.52 billion, a PE ratio of 27.66, a PEG ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $118.63. 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 firm has a fifty day moving average price of $101.83 and a 200-day moving average price of $104.75.

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 analysts' consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. On average, sell-side analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have issued reports on DIS shares. Needham & Company LLC reissued a "buy" rating and issued a $130.00 price objective on shares of Walt Disney in a research note on Wednesday, February 5th. Prescient Securities dropped their price objective on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a report on Tuesday, February 4th. Barclays cut their price objective on Walt Disney from $125.00 to $115.00 and set an "overweight" rating on the stock in a research report on Tuesday. Citigroup reiterated a "buy" rating and set a $125.00 target price on shares of Walt Disney in a research report on Wednesday, January 22nd. Finally, Rosenblatt Securities restated a "buy" rating and issued a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Six analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $125.13.

Walt Disney 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.