J. Safra Sarasin Holding AG Acquires 5,063 Shares of The Walt Disney Company (NYSE:DIS)

J. Safra Sarasin Holding AG increased its position in The Walt Disney Company (NYSE:DIS - Free Report) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 205,966 shares of the entertainment giant's stock after buying an additional 5,063 shares during the quarter. J. Safra Sarasin Holding AG's holdings in Walt Disney were worth $22,931,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Trek Financial LLC grew its stake in shares of Walt Disney by 479.9% in the fourth quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock worth $4,044,000 after purchasing an additional 30,057 shares during the last quarter. Brookstone Capital Management grew its position in shares of Walt Disney by 10.5% in the 4th quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant's stock worth $15,687,000 after buying an additional 13,339 shares during the last quarter. Greystone Financial Group LLC increased its stake in shares of Walt Disney by 13.3% during the fourth quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant's stock valued at $9,486,000 after buying an additional 9,967 shares during the period. Avanza Fonder AB bought a new position in shares of Walt Disney during the fourth quarter valued at approximately $15,125,000. Finally, FourThought Financial Partners LLC purchased a new stake in Walt Disney in the fourth quarter worth $446,000. 65.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

DIS has been the topic of a number of research reports. Wolfe Research raised shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price on the stock in a research note on Monday. Loop Capital raised their target price on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. Morgan Stanley upped their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Macquarie restated a "neutral" rating and set a $110.00 price objective on shares of Walt Disney in a research note on Monday, January 6th. Finally, UBS Group reduced their target price on Walt Disney from $130.00 to $105.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Six investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Walt Disney currently has an average rating of "Moderate Buy" and an average price target of $123.75.

Walt Disney Trading Up 1.4 %

Shares of NYSE DIS traded up $1.19 during trading hours on Wednesday, hitting $87.28. 12,076,689 shares of the company traded hands, compared to its average volume of 10,081,984. The stock has a market capitalization of $157.79 billion, a price-to-earnings ratio of 28.43, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The company's 50 day moving average price is $98.26 and its 200 day moving average price is $104.32. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $118.63. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data 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%. On average, equities research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

About Walt Disney

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.