American Century Companies Inc. lifted its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 20.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,186,639 shares of the entertainment giant's stock after purchasing an additional 198,096 shares during the quarter. American Century Companies Inc. owned about 0.07% of Walt Disney worth $132,133,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in DIS. FPC Investment Advisory Inc. acquired a new stake in shares of Walt Disney in the 4th quarter worth $28,000. Tacita Capital Inc raised its stake in Walt Disney by 93.2% during 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 during the period. Midwest Capital Advisors LLC acquired a new position in Walt Disney in the 4th quarter valued at about $34,000. Bay Harbor Wealth Management LLC purchased a new stake in shares of Walt Disney in the 4th quarter valued at approximately $35,000. Finally, Vision Financial Markets LLC acquired a new stake in shares of Walt Disney during the 4th quarter worth approximately $39,000. Hedge funds and other institutional investors own 65.71% of the company's stock.
Analyst Upgrades and Downgrades
Several research firms have issued reports on DIS. Rosenblatt Securities reissued a "buy" rating and set a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Morgan Stanley upped their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Macquarie reiterated a "neutral" rating and set a $110.00 price target on shares of Walt Disney in a research report on Monday, January 6th. Jefferies Financial Group began coverage on shares of Walt Disney in a report on Wednesday, December 4th. They issued a "hold" rating and a $120.00 price objective on the stock. Finally, Citigroup reiterated a "buy" rating and issued a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Six analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $125.64.
Check Out Our Latest Stock Report on Walt Disney
Walt Disney Stock Performance
DIS traded up $1.19 during trading on Tuesday, hitting $101.37. The stock had a trading volume of 3,802,964 shares, compared to its average volume of 9,539,415. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74. The firm has a market capitalization of $183.26 billion, a P/E ratio of 33.01, a PEG ratio of 1.80 and a beta of 1.41. 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 company's 50-day moving average price is $107.89 and its 200 day moving average price is $104.86.
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 net margin of 6.07% and a return on equity of 9.95%. On average, equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal year.
Walt Disney Profile
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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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