PKS Advisory Services LLC Buys Shares of 8,428 The Walt Disney Company (NYSE:DIS)

PKS Advisory Services LLC bought a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 8,428 shares of the entertainment giant's stock, valued at approximately $939,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. FPC Investment Advisory Inc. acquired a new stake in shares of Walt Disney in the fourth quarter valued at $28,000. Tacita Capital Inc raised its position 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 purchasing an additional 124 shares in the last quarter. Midwest Capital Advisors LLC acquired a new stake in Walt Disney in the 4th quarter valued at about $34,000. Bay Harbor Wealth Management LLC purchased a new position in shares of Walt Disney in the 4th quarter valued at about $35,000. Finally, Vision Financial Markets LLC acquired a new position in shares of Walt Disney during the fourth quarter worth about $39,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Performance

Shares of NYSE:DIS traded up $1.43 during trading on Tuesday, reaching $101.61. The company had a trading volume of 7,363,448 shares, compared to its average volume of 9,529,117. 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 stock's fifty day moving average price is $107.76 and its 200 day moving average price is $104.95. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The firm has a market capitalization of $183.69 billion, a price-to-earnings ratio of 33.10, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41.

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Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS 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%. As a group, equities research analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DIS. Redburn Atlantic upgraded shares of Walt Disney from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Jefferies Financial Group began coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They set a "hold" rating and a $120.00 price objective for the company. Citigroup reissued a "buy" rating and issued a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Loop Capital lifted their price target on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a report on Tuesday, March 4th. Finally, Macquarie reissued a "neutral" rating and set a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Six investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Walt Disney presently has a consensus rating of "Moderate Buy" and a consensus target price of $125.64.

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.