The Walt Disney Company (NYSE:DIS) Shares Bought by Crake Asset Management LLP

Crake Asset Management LLP increased its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 119.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,075,149 shares of the entertainment giant's stock after buying an additional 585,500 shares during the quarter. Walt Disney comprises approximately 12.9% of Crake Asset Management LLP's holdings, making the stock its 5th largest position. Crake Asset Management LLP owned 0.06% of Walt Disney worth $119,718,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Trek Financial LLC grew its stake in shares of Walt Disney by 479.9% in the fourth quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock worth $4,044,000 after purchasing an additional 30,057 shares in the last quarter. Brookstone Capital Management lifted its holdings in Walt Disney by 10.5% in the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant's stock worth $15,687,000 after purchasing an additional 13,339 shares during the period. Greystone Financial Group LLC grew its position in Walt Disney by 13.3% in the 4th quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant's stock valued at $9,486,000 after buying an additional 9,967 shares in the last quarter. Avanza Fonder AB acquired a new position in Walt Disney during the 4th quarter valued at about $15,125,000. Finally, FourThought Financial Partners LLC bought a new stake in shares of Walt Disney during the 4th quarter worth about $446,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DIS has been the topic of a number of research analyst reports. Rosenblatt Securities reiterated a "buy" rating and set a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. Loop Capital lifted their price target on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. Barclays cut their price objective on Walt Disney from $125.00 to $115.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Wolfe Research upgraded shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price target on the stock in a research report on Monday. Finally, Morgan Stanley raised their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Six research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $123.75.

Walt Disney Stock Up 0.2 %

Shares of NYSE DIS traded up $0.22 during mid-day trading on Friday, reaching $90.23. The company had a trading volume of 7,747,097 shares, compared to its average volume of 10,089,261. The stock has a fifty day moving average of $97.40 and a two-hundred day moving average of $104.10. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $118.63. The company has a market capitalization of $163.12 billion, a price-to-earnings ratio of 29.39, a PEG ratio of 1.80 and a beta of 1.44. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68.

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, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. As a group, equities research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Walt Disney Profile

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.