The Walt Disney Company (NYSE:DIS) Shares Acquired by Shelton Capital Management

Shelton Capital Management boosted its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 27.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 119,643 shares of the entertainment giant's stock after buying an additional 25,808 shares during the period. Shelton Capital Management's holdings in Walt Disney were worth $13,322,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. FPC Investment Advisory Inc. purchased a new position in Walt Disney during the 4th quarter worth $28,000. Tacita Capital Inc lifted its holdings in shares of Walt Disney by 93.2% during 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 during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Walt Disney in the 4th quarter worth $32,000. Midwest Capital Advisors LLC purchased a new position in Walt Disney during the 4th quarter worth $34,000. Finally, Bay Harbor Wealth Management LLC purchased a new stake in Walt Disney in the fourth quarter valued at about $35,000. 65.71% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on DIS shares. Macquarie reissued a "neutral" rating and set a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. The Goldman Sachs Group upped their price objective 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. Barclays reduced their price objective on Walt Disney from $125.00 to $115.00 and set an "overweight" rating for the company in a research note on Tuesday. Needham & Company LLC restated a "buy" rating and issued a $130.00 target price on shares of Walt Disney in a research note on Wednesday, February 5th. Finally, Prescient Securities reduced their price target on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. 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. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $125.13.

Walt Disney Price Performance

Shares of NYSE:DIS traded down $0.31 during midday trading on Friday, hitting $84.92. The company had a trading volume of 10,193,577 shares, compared to its average volume of 10,003,552. The business's 50-day simple moving average is $101.83 and its 200-day simple moving average is $104.75. The stock has a market cap of $153.52 billion, a price-to-earnings ratio of 27.66, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. 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 Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $118.63.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. On average, research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

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.