Keystone Financial Group grew its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 207.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,815 shares of the entertainment giant's stock after purchasing an additional 20,130 shares during the period. Keystone Financial Group's holdings in Walt Disney were worth $3,277,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also modified their holdings of the company. Farmers Trust Co. boosted its position in Walt Disney by 1.1% during the 4th quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant's stock valued at $945,000 after acquiring an additional 92 shares in the last quarter. Pathway Financial Advisors LLC boosted its holdings in Walt Disney by 2.7% in the fourth quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant's stock worth $386,000 after acquiring an additional 92 shares in the last quarter. Prossimo Advisors LLC raised its holdings in Walt Disney by 1.1% in the fourth quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant's stock worth $972,000 after buying an additional 92 shares during the last quarter. Saxon Interests Inc. raised its holdings in Walt Disney by 2.8% in the 4th quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant's stock worth $380,000 after acquiring an additional 93 shares during the last quarter. Finally, Onefund LLC lifted its holdings in shares of Walt Disney by 2.0% during the fourth quarter. Onefund LLC now owns 4,856 shares of the entertainment giant's stock valued at $541,000 after purchasing an additional 93 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.
Walt Disney Trading Up 0.4 %
NYSE:DIS traded up $0.34 during mid-day trading on Tuesday, reaching $85.00. The company's stock had a trading volume of 7,828,411 shares, compared to its average volume of 9,991,160. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $118.63. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The company's fifty day simple moving average is $100.77 and its two-hundred day simple moving average is $104.67. The stock has a market cap of $153.67 billion, a P/E ratio of 27.69, a P/E/G ratio of 1.80 and a beta of 1.44.
Walt Disney (NYSE:DIS - Get Free Report) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, topping the consensus estimate 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 analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on DIS shares. Prescient Securities reduced their price objective on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. Rosenblatt Securities reissued a "buy" rating and issued a $135.00 target price on shares of Walt Disney in a report on Monday, February 10th. Loop Capital boosted 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. UBS Group reduced their price target on Walt Disney from $130.00 to $105.00 and set a "buy" rating on the stock in a report on Tuesday. Finally, Barclays dropped their target price on shares of Walt Disney from $125.00 to $115.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Six equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $124.48.
Check Out Our Latest Analysis on Walt Disney
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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