The Walt Disney Company (NYSE:DIS) Shares Bought by Nebula Research & Development LLC

Nebula Research & Development LLC boosted its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 384.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,361 shares of the entertainment giant's stock after buying an additional 9,811 shares during the period. Nebula Research & Development LLC's holdings in Walt Disney were worth $1,376,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in DIS. Norges Bank acquired a new position in shares of Walt Disney during the 4th quarter valued at $2,415,427,000. Arrowstreet Capital Limited Partnership increased its position in Walt Disney by 75.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 10,858,108 shares of the entertainment giant's stock worth $1,209,050,000 after buying an additional 4,680,930 shares during the last quarter. Jennison Associates LLC boosted its holdings in Walt Disney by 23.4% during the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant's stock valued at $2,137,637,000 after acquiring an additional 3,636,742 shares during the period. Raymond James Financial Inc. acquired a new stake in Walt Disney in the 4th quarter worth $358,151,000. Finally, Boston Partners bought a new position in Walt Disney in the fourth quarter worth $350,707,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Up 1.1 %

DIS stock traded up $1.00 during mid-day trading on Tuesday, reaching $91.16. The company had a trading volume of 5,095,499 shares, compared to its average volume of 10,090,363. The firm has a fifty day simple moving average of $96.59 and a 200 day simple moving average of $104.22. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $118.63. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The company has a market capitalization of $164.80 billion, a price-to-earnings ratio of 29.69, a price-to-earnings-growth 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 net margin of 6.07% and a return on equity of 9.95%. Analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

DIS has been the topic of a number of recent analyst reports. UBS Group reduced their price objective on Walt Disney from $130.00 to $105.00 and set a "buy" rating on the stock in a research note on Tuesday, April 15th. The Goldman Sachs Group lifted their price target on shares of Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. Morgan Stanley raised their target price 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. Rosenblatt Securities reiterated a "buy" rating and issued a $135.00 price target on shares of Walt Disney in a research note on Monday, February 10th. Finally, Macquarie reaffirmed a "neutral" rating and set a $110.00 price target on shares of Walt Disney in a report on Monday, January 6th. Six investment 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 MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $123.75.

About Walt Disney

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.