TD Waterhouse Canada Inc. lowered its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 11.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 354,595 shares of the entertainment giant's stock after selling 46,980 shares during the period. TD Waterhouse Canada Inc.'s holdings in Walt Disney were worth $39,505,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently modified their holdings of the company. FPC Investment Advisory Inc. purchased a new stake in shares of Walt Disney during the fourth quarter valued at $28,000. Tacita Capital Inc boosted its holdings in shares of 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 period. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Walt Disney in the fourth quarter worth approximately $32,000. Midwest Capital Advisors LLC purchased a new position in shares of Walt Disney in the fourth quarter worth approximately $34,000. Finally, Bay Harbor Wealth Management LLC acquired a new stake in shares of Walt Disney during the fourth quarter valued at approximately $35,000. Institutional investors and hedge funds own 65.71% of the company's stock.
Walt Disney Stock Performance
Walt Disney stock traded up $1.19 during trading hours on Wednesday, reaching $87.28. 12,076,689 shares of the company were exchanged, compared to its average volume of 10,081,984. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $118.63. The firm has a market cap of $157.79 billion, a price-to-earnings ratio of 28.43, a PEG ratio of 1.80 and a beta of 1.44. 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 stock has a 50-day moving average of $98.26 and a 200 day moving average of $104.32.
Walt Disney (NYSE:DIS - Get Free Report) last announced 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, research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.
Analyst Ratings Changes
Several research firms have weighed in on DIS. Rosenblatt Securities reiterated a "buy" rating and set a $135.00 price objective on shares of Walt Disney in a research report on Monday, February 10th. The Goldman Sachs Group lifted their price target on 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, April 8th. Wolfe Research raised Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price on the stock in a research note on Monday. Finally, Citigroup reissued a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a research report on Wednesday, January 22nd. Six research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Walt Disney has a consensus rating of "Moderate Buy" and an average target price of $123.75.
View Our Latest Analysis on Walt Disney
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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