Mountain Hill Investment Partners Corp. Makes New Investment in The Walt Disney Company (NYSE:DIS)

Mountain Hill Investment Partners Corp. acquired a new stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 45,435 shares of the entertainment giant's stock, valued at approximately $5,059,000. Walt Disney accounts for about 5.2% of Mountain Hill Investment Partners Corp.'s investment portfolio, making the stock its 8th largest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Farmers Trust Co. raised its position in shares of Walt Disney by 1.1% during the 4th quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant's stock worth $945,000 after acquiring an additional 92 shares in the last quarter. Pathway Financial Advisors LLC increased its stake 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 valued at $386,000 after purchasing an additional 92 shares during the last quarter. Prossimo Advisors LLC raised its holdings in Walt Disney by 1.1% during the fourth quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant's stock worth $972,000 after purchasing an additional 92 shares in the last quarter. Saxon Interests Inc. raised its holdings in shares of Walt Disney by 2.8% in the fourth quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant's stock valued at $380,000 after buying an additional 93 shares during the last quarter. Finally, Onefund LLC boosted its stake 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 worth $541,000 after buying an additional 93 shares during the period. Hedge funds and other institutional investors own 65.71% of the company's stock.

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Wall Street Analyst Weigh In

DIS has been the subject of several analyst reports. Jefferies Financial Group initiated coverage on Walt Disney in a research note on Wednesday, December 4th. They set a "hold" rating and a $120.00 price objective for the company. Loop Capital upped their price target on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research note on Tuesday, March 4th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $135.00 target price on shares of Walt Disney in a report on Monday, February 10th. The Goldman Sachs Group raised their price objective 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. Finally, Redburn Atlantic upgraded Walt Disney from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Six analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $125.64.

Walt Disney Price Performance

Shares of Walt Disney stock traded up $1.43 during trading on Tuesday, hitting $101.61. 7,284,075 shares of the company were exchanged, compared to its average volume of 9,539,415. The firm has a 50 day moving average price of $107.89 and a 200 day moving average price of $104.86. The stock has a market capitalization of $183.69 billion, a price-to-earnings ratio of 33.10, a P/E/G ratio of 1.80 and a beta of 1.41. 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 fifty-two week low of $83.91 and a fifty-two week 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 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 expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Company 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.