Savvy Advisors Inc. lifted its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 100.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,367 shares of the entertainment giant's stock after acquiring an additional 7,713 shares during the quarter. Savvy Advisors Inc.'s holdings in Walt Disney were worth $1,711,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of the business. FPC Investment Advisory Inc. bought a new stake in shares of Walt Disney during the 4th quarter worth $28,000. Tacita Capital Inc increased its position in Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock worth $29,000 after buying an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Walt Disney in the fourth quarter valued at $32,000. Midwest Capital Advisors LLC bought a new stake in shares of Walt Disney in the fourth quarter valued at $34,000. Finally, Bay Harbor Wealth Management LLC purchased a new position in shares of Walt Disney during the 4th quarter valued at $35,000. 65.71% of the stock is currently owned by institutional investors.
Walt Disney Price Performance
NYSE DIS traded up $0.34 during trading hours on Tuesday, reaching $85.00. 7,828,411 shares of the stock traded hands, compared to its average volume of 9,991,160. 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 company has a market cap of $153.67 billion, a price-to-earnings ratio of 27.69, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The stock has a 50 day simple moving average of $100.77 and a two-hundred day simple moving average of $104.67. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $118.63.
Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, topping analysts' consensus estimates 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, analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on DIS shares. Redburn Atlantic raised Walt Disney from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $100.00 to $147.00 in a report on Tuesday, January 7th. The Goldman Sachs Group lifted 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. Citigroup restated a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Barclays reduced their price objective on shares of 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, Rosenblatt Securities reaffirmed a "buy" rating and issued a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Six 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. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $124.48.
View Our Latest Analysis on Walt Disney
Walt Disney Profile
(
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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