Sei Investments Co. cut its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 4.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 637,898 shares of the entertainment giant's stock after selling 28,163 shares during the quarter. Sei Investments Co.'s holdings in Walt Disney were worth $71,032,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. FPC Investment Advisory Inc. purchased a new stake in shares of Walt Disney during the fourth quarter worth $28,000. Tacita Capital Inc grew its stake in Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after acquiring an additional 124 shares in the last quarter. Midwest Capital Advisors LLC bought a new stake in Walt Disney during the 4th quarter worth approximately $34,000. Bay Harbor Wealth Management LLC purchased a new position in shares of Walt Disney during the 4th quarter valued at $35,000. Finally, Vision Financial Markets LLC bought a new position in Walt Disney in the 4th quarter worth about $39,000. Institutional investors own 65.71% of the company's stock.
Walt Disney Stock Performance
Shares of DIS stock traded up $1.25 during trading hours on Tuesday, hitting $101.43. The company's stock had a trading volume of 4,078,588 shares, compared to its average volume of 9,539,415. 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 company has a 50 day moving average of $107.89 and a 200 day moving average of $104.86. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The stock has a market cap of $183.35 billion, a PE ratio of 33.04, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41.
Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly 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, sell-side analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
DIS has been the subject of several research reports. Citigroup reaffirmed a "buy" rating and issued a $125.00 target price on shares of Walt Disney in a research note on Wednesday, January 22nd. Rosenblatt Securities reaffirmed a "buy" rating and set a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. The Goldman Sachs Group boosted their target price on shares of Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a 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 note on Thursday, February 6th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $130.00 price target on shares of Walt Disney in a research note on Wednesday, February 5th. Six analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $125.64.
Read Our Latest Analysis on DIS
Walt Disney Company 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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