Jump Financial LLC acquired a new stake in The Walt Disney Company (NYSE:DIS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 10,433 shares of the entertainment giant's stock, valued at approximately $1,162,000.
Several other large investors have also recently added to or reduced their stakes in the business. FPC Investment Advisory Inc. acquired a new stake in Walt Disney during the fourth quarter worth approximately $28,000. Tacita Capital Inc boosted its stake in Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after acquiring an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Walt Disney during the fourth quarter worth about $32,000. Midwest Capital Advisors LLC acquired a new stake in shares of Walt Disney during the fourth quarter worth about $34,000. Finally, Bay Harbor Wealth Management LLC acquired a new stake in shares of Walt Disney in the 4th quarter valued at about $35,000. 65.71% of the stock is owned by hedge funds and other institutional investors.
Walt Disney Stock Up 2.9 %
Shares of NYSE DIS traded up $2.49 on Thursday, hitting $89.78. The company had a trading volume of 3,981,282 shares, compared to its average volume of 10,058,647. The firm has a market capitalization of $162.30 billion, a P/E ratio of 29.21, a PEG ratio of 1.80 and a beta of 1.44. 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 12-month low of $80.10 and a 12-month high of $118.63. The business has a 50 day moving average of $97.80 and a two-hundred day moving average of $104.20.
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 (EPS) 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, equities research analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts have recently issued reports on DIS shares. Redburn Atlantic upgraded shares of Walt Disney from a "neutral" rating to a "buy" rating and raised their target price for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Wolfe Research upgraded shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price target on the stock in a research note on Monday. Loop Capital raised their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. Barclays dropped their price objective on Walt Disney from $125.00 to $115.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Finally, Citigroup restated a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a report on Wednesday, January 22nd. Six analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Walt Disney has an average rating of "Moderate Buy" and a consensus target price of $123.75.
View Our Latest Report on DIS
Walt Disney 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.
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