Grantvest Financial Group LLC Buys New Holdings in The Walt Disney Company (NYSE:DIS)

Grantvest Financial Group LLC acquired a new stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,977 shares of the entertainment giant's stock, valued at approximately $443,000.

Other institutional investors have also added to or reduced their stakes in the company. FPC Investment Advisory Inc. purchased a new position in Walt Disney in the fourth quarter worth $28,000. Tacita Capital Inc raised its stake 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 worth $29,000 after acquiring an additional 124 shares in the last quarter. Midwest Capital Advisors LLC bought a new position in Walt Disney during the 4th quarter worth approximately $34,000. Bay Harbor Wealth Management LLC bought a new position in shares of Walt Disney during the fourth quarter valued at approximately $35,000. Finally, Vision Financial Markets LLC bought a new position in Walt Disney in the 4th quarter worth $39,000. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Trading Up 0.2 %

DIS stock traded up $0.19 during trading on Thursday, hitting $100.97. The company had a trading volume of 1,281,107 shares, compared to its average volume of 8,803,214. The company has a 50 day simple moving average of $107.61 and a 200-day simple moving average of $105.04. 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 Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. The firm has a market capitalization of $182.53 billion, a P/E ratio of 32.89, a PEG ratio of 1.80 and a beta of 1.41.

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Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly 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 forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on DIS shares. Loop Capital increased their price target 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. Redburn Atlantic upgraded Walt Disney from a "neutral" rating to a "buy" rating and upped their price target for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Macquarie reiterated a "neutral" rating and set a $110.00 price objective on shares of Walt Disney in a research note on Monday, January 6th. The Goldman Sachs Group raised their price target on Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a report on Tuesday, February 4th. Finally, Jefferies Financial Group started coverage on Walt Disney in a research note on Wednesday, December 4th. They set a "hold" rating and a $120.00 target price on the stock. Six analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Walt Disney currently has a consensus rating of "Moderate Buy" and an average price target of $125.64.

Walt Disney Company 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.