Haven Private LLC acquired a new stake in The Walt Disney Company (NYSE:DIS - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 3,665 shares of the entertainment giant's stock, valued at approximately $408,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Impax Asset Management Group plc grew its holdings in Walt Disney by 4.5% in the 3rd quarter. Impax Asset Management Group plc now owns 644,017 shares of the entertainment giant's stock valued at $61,948,000 after buying an additional 27,806 shares in the last quarter. M&G PLC bought a new position in Walt Disney during the third quarter worth about $1,250,000. Forte Capital LLC ADV increased its position in Walt Disney by 2.3% during the third quarter. Forte Capital LLC ADV now owns 9,752 shares of the entertainment giant's stock worth $938,000 after acquiring an additional 220 shares during the period. Graypoint LLC increased its position in Walt Disney by 4.1% during the third quarter. Graypoint LLC now owns 25,810 shares of the entertainment giant's stock worth $2,483,000 after acquiring an additional 1,011 shares during the period. Finally, Advisor Resource Council acquired a new position in shares of Walt Disney during the 3rd quarter worth approximately $212,000. Institutional investors and hedge funds own 65.71% of the company's stock.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on DIS shares. Prescient Securities decreased their target price on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 4th. Redburn Atlantic raised Walt Disney from a "neutral" rating to a "buy" rating and increased their price target for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft increased their price target on Walt Disney from $115.00 to $131.00 and gave the stock a "buy" rating in a research report on Friday, November 15th. Evercore ISI increased their target price on Walt Disney from $128.00 to $134.00 and gave the stock an "outperform" rating in a report on Monday, November 18th. Finally, Citigroup reissued a "buy" rating and set a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Six investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $125.64.
View Our Latest Stock Report on DIS
Insider Activity at Walt Disney
In other news, EVP Brent Woodford sold 8,000 shares of the business's stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total value of $917,920.00. Following the transaction, the executive vice president now directly owns 44,055 shares of the company's stock, valued at $5,054,870.70. The trade was a 15.37 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.16% of the stock is owned by company insiders.
Walt Disney Trading Up 0.1 %
Shares of NYSE DIS traded up $0.15 during trading on Friday, reaching $105.58. The company had a trading volume of 12,714,283 shares, compared to its average volume of 9,538,860. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. 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 stock has a market cap of $190.87 billion, a P/E ratio of 34.39, a PEG ratio of 1.80 and a beta of 1.41. The company's fifty day moving average price is $110.30 and its 200-day moving average price is $104.16.
Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating 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%. As a group, research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.
Walt Disney Profile
(
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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