J. Stern & Co. LLP Increases Position in The Walt Disney Company (NYSE:DIS)

J. Stern & Co. LLP boosted its position in The Walt Disney Company (NYSE:DIS - Free Report) by 6.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 341,755 shares of the entertainment giant's stock after acquiring an additional 21,704 shares during the quarter. Walt Disney accounts for approximately 3.6% of J. Stern & Co. LLP's portfolio, making the stock its 15th largest holding. J. Stern & Co. LLP's holdings in Walt Disney were worth $38,054,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Adage Capital Partners GP L.L.C. raised its holdings in shares of Walt Disney by 7.8% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 1,843,125 shares of the entertainment giant's stock valued at $205,232,000 after buying an additional 133,600 shares in the last quarter. Syon Capital LLC grew its position in Walt Disney by 38.2% during the fourth quarter. Syon Capital LLC now owns 8,586 shares of the entertainment giant's stock valued at $956,000 after acquiring an additional 2,373 shares during the last quarter. Coppell Advisory Solutions LLC raised its stake in shares of Walt Disney by 163.9% during the fourth quarter. Coppell Advisory Solutions LLC now owns 13,580 shares of the entertainment giant's stock worth $1,505,000 after acquiring an additional 8,434 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Walt Disney by 49.4% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 52,500 shares of the entertainment giant's stock worth $5,846,000 after acquiring an additional 17,349 shares during the last quarter. Finally, MGO One Seven LLC boosted its stake in shares of Walt Disney by 10.7% in the 4th quarter. MGO One Seven LLC now owns 48,663 shares of the entertainment giant's stock valued at $5,419,000 after purchasing an additional 4,710 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company's stock.

Wall Street Analysts Forecast Growth

DIS has been the subject of several recent research reports. Barclays lowered their price target on shares of Walt Disney from $125.00 to $115.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Loop Capital boosted 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. The Goldman Sachs Group raised their price target on Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. Wolfe Research upgraded Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective for the company in a research report on Monday. Finally, Needham & Company LLC reissued a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a research note on Tuesday. Six investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Walt Disney has a consensus rating of "Moderate Buy" and an average price target of $123.75.

Walt Disney Trading Up 1.4 %

Walt Disney stock opened at $87.28 on Thursday. 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. The business's fifty day simple moving average is $97.80 and its two-hundred day simple moving average is $104.20. The company 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.

Walt Disney (NYSE:DIS - Get Free Report) last announced 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 net margin of 6.07% and a return on equity of 9.95%. As a group, equities analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

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.

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