Knights of Columbus Asset Advisors LLC boosted its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 113,590 shares of the entertainment giant's stock after acquiring an additional 2,805 shares during the period. Walt Disney makes up approximately 0.8% of Knights of Columbus Asset Advisors LLC's investment portfolio, making the stock its 24th largest holding. Knights of Columbus Asset Advisors LLC's holdings in Walt Disney were worth $12,648,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. FPC Investment Advisory Inc. bought a new stake in shares of Walt Disney during the fourth quarter worth $28,000. Tacita Capital Inc boosted its position in shares of Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock worth $29,000 after buying an additional 124 shares during the period. Midwest Capital Advisors LLC acquired a new position in shares of Walt Disney during the fourth quarter worth about $34,000. Bay Harbor Wealth Management LLC acquired a new stake in Walt Disney in the 4th quarter valued at approximately $35,000. Finally, Vision Financial Markets LLC bought a new stake in Walt Disney in the 4th quarter valued at approximately $39,000. 65.71% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts recently weighed in on DIS shares. The Goldman Sachs Group raised their target price on shares of Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a research report on Tuesday, February 4th. Morgan Stanley lifted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Prescient Securities cut 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. Redburn Atlantic upgraded shares of Walt Disney from a "neutral" rating to a "buy" rating and upped their price objective for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Finally, Loop Capital lifted their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a report on Tuesday, March 4th. Six equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $125.64.
Check Out Our Latest Analysis on DIS
Walt Disney Stock Up 1.4 %
NYSE DIS traded up $1.43 during mid-day trading on Tuesday, hitting $101.61. The company's stock had a trading volume of 7,363,448 shares, compared to its average volume of 9,529,117. The firm has a market capitalization of $183.69 billion, a price-to-earnings ratio of 33.10, a PEG ratio of 1.80 and a beta of 1.41. The company's 50 day simple moving average is $107.76 and its 200 day simple moving average is $104.95. 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 Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74.
Walt Disney (NYSE:DIS - Get Free Report) last issued 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%. Analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.
About Walt Disney
(
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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