New Age Alpha Advisors LLC Increases Position in The Walt Disney Company (NYSE:DIS)

New Age Alpha Advisors LLC raised its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 30,487.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,999 shares of the entertainment giant's stock after purchasing an additional 25,914 shares during the period. New Age Alpha Advisors LLC's holdings in Walt Disney were worth $2,895,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. FPC Investment Advisory Inc. acquired a new position in Walt Disney during the fourth quarter worth $28,000. Tacita Capital Inc lifted its stake in Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after buying an additional 124 shares in the last quarter. Midwest Capital Advisors LLC purchased a new stake in Walt Disney during the 4th quarter worth approximately $34,000. Bay Harbor Wealth Management LLC purchased a new stake in Walt Disney during the 4th quarter worth approximately $35,000. Finally, Vision Financial Markets LLC acquired a new position in shares of Walt Disney during the fourth quarter valued at approximately $39,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DIS has been the subject of several recent research reports. Loop Capital increased their price objective on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. Rosenblatt Securities restated a "buy" rating and set a $135.00 price target on shares of Walt Disney in a research report on Monday, February 10th. The Goldman Sachs Group raised their target price on shares of Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a research note on Tuesday, February 4th. Morgan Stanley increased their price target on Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Finally, Needham & Company LLC reissued a "buy" rating and set a $130.00 price objective on shares of Walt Disney in a research note on Wednesday, February 5th. Six research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Walt Disney presently has an average rating of "Moderate Buy" and a consensus target price of $125.64.

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Walt Disney Stock Up 0.7 %

Shares of NYSE:DIS traded up $0.67 on Monday, hitting $98.74. 10,552,579 shares of the company's stock were exchanged, compared to its average volume of 9,809,672. 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 Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.69. The company has a market capitalization of $178.49 billion, a PE ratio of 32.16, a P/E/G ratio of 1.80 and a beta of 1.41. The firm's 50-day moving average is $107.31 and its 200 day moving average is $105.19.

Walt Disney (NYSE:DIS - Get Free Report) last posted its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share 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%. Sell-side analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney 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.