Hopwood Financial Services Inc. purchased a new stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 3,563 shares of the entertainment giant's stock, valued at approximately $397,000.
Several other institutional investors and hedge funds also recently bought and sold shares of the business. FPC Investment Advisory Inc. bought a new position in Walt Disney in the 4th quarter worth about $28,000. Tacita Capital Inc increased its holdings in shares of Walt Disney by 93.2% in 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 bought a new position in shares of Walt Disney in the fourth quarter worth approximately $34,000. Bay Harbor Wealth Management LLC bought a new position in shares of Walt Disney in the 4th quarter worth $35,000. Finally, Vision Financial Markets LLC purchased a new stake in shares of Walt Disney during the 4th quarter valued at $39,000. 65.71% of the stock is owned by institutional investors.
Walt Disney Trading Down 4.9 %
Shares of NYSE DIS opened at $98.00 on Wednesday. The firm's 50 day moving average price is $109.88 and its 200-day moving average price is $104.30. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. 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 has a market cap of $177.17 billion, a PE ratio of 31.92, a P/E/G ratio of 1.80 and a beta of 1.41.
Walt Disney (NYSE:DIS - Get Free Report) last posted its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 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, equities research analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.
Analyst Ratings Changes
DIS has been the topic of a number of research analyst reports. The Goldman Sachs Group increased their target price on Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a research note on Tuesday, February 4th. Jefferies Financial Group assumed coverage on Walt Disney in a report on Wednesday, December 4th. They set a "hold" rating and a $120.00 price objective on the stock. Evercore ISI upped their target price on Walt Disney from $128.00 to $134.00 and gave the stock an "outperform" rating in a research note on Monday, November 18th. Guggenheim lifted their price target on shares of Walt Disney from $110.00 to $130.00 and gave the stock a "buy" rating in a research note on Friday, November 15th. Finally, Morgan Stanley lifted their price objective on Walt Disney from $125.00 to $130.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Six equities research 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 company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $125.64.
Get Our Latest Analysis on Walt Disney
Walt Disney Company 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.
Further Reading
Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Walt Disney Company (NYSE:DIS - Free Report).
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