SageView Advisory Group LLC increased its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 18.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,882 shares of the entertainment giant's stock after purchasing an additional 4,910 shares during the period. SageView Advisory Group LLC's holdings in Walt Disney were worth $3,550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Trek Financial LLC lifted its holdings in shares of Walt Disney by 479.9% in the 4th quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock valued at $4,044,000 after buying an additional 30,057 shares during the period. Brookstone Capital Management raised its position in Walt Disney by 10.5% during the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant's stock valued at $15,687,000 after acquiring an additional 13,339 shares in the last quarter. Greystone Financial Group LLC lifted its holdings in Walt Disney by 13.3% in the fourth quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant's stock valued at $9,486,000 after acquiring an additional 9,967 shares during the period. Avanza Fonder AB acquired a new position in Walt Disney in the fourth quarter valued at approximately $15,125,000. Finally, FourThought Financial Partners LLC purchased a new stake in Walt Disney in the 4th quarter worth approximately $446,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
DIS has been the subject of several recent research reports. UBS Group cut their target price on shares of Walt Disney from $130.00 to $105.00 and set a "buy" rating for the company in a report on Tuesday. Redburn Atlantic raised shares of Walt Disney from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Needham & Company LLC reissued a "buy" rating and set a $130.00 target price on shares of Walt Disney in a research note on Wednesday, February 5th. Barclays cut their price target on Walt Disney from $125.00 to $115.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Finally, Prescient Securities lowered their price target on Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 4th. Six research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $124.48.
Check Out Our Latest Stock Report on Walt Disney
Walt Disney Trading Up 0.4 %
NYSE DIS traded up $0.34 on Tuesday, reaching $85.00. 7,828,411 shares of the company were exchanged, compared to its average volume of 9,991,160. 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 business's fifty day moving average price is $100.77 and its 200 day moving average price is $104.67. The stock has a market capitalization of $153.67 billion, a P/E ratio of 27.69, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $118.63.
Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly 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 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 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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