F M Investments LLC Purchases 51,859 Shares of The Walt Disney Company (NYSE:DIS)

F M Investments LLC lifted its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 1,163.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,316 shares of the entertainment giant's stock after buying an additional 51,859 shares during the quarter. F M Investments LLC's holdings in Walt Disney were worth $6,271,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. FPC Investment Advisory Inc. acquired a new position in Walt Disney during the 4th quarter valued at approximately $28,000. Tacita Capital Inc boosted its stake in Walt Disney by 93.2% during the 4th 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 position in shares of Walt Disney during the 4th quarter valued at about $32,000. Midwest Capital Advisors LLC acquired a new position in Walt Disney in the fourth quarter worth approximately $34,000. Finally, Bay Harbor Wealth Management LLC acquired a new position in Walt Disney in the 4th quarter worth approximately $35,000. Institutional investors own 65.71% of the company's stock.

Walt Disney Stock Down 0.5 %

Walt Disney stock traded down $0.44 during mid-day trading on Monday, reaching $84.45. The company's stock had a trading volume of 4,199,127 shares, compared to its average volume of 9,973,071. 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 business's 50 day simple moving average is $101.83 and its 200 day simple moving average is $104.82. The company has a market capitalization of $152.67 billion, a price-to-earnings ratio of 27.51, a price-to-earnings-growth 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.

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Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating 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, research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on DIS. Needham & Company LLC restated a "buy" rating and issued a $130.00 target price on shares of Walt Disney in a research note on Wednesday, February 5th. Loop Capital raised their target price on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a report on Tuesday, March 4th. Morgan Stanley raised their price objective on Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Barclays decreased their target price on Walt Disney from $125.00 to $115.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Finally, Citigroup reiterated a "buy" rating and issued a $125.00 target price on shares of Walt Disney in a research note on Wednesday, January 22nd. Six equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target 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.