Farther Finance Advisors LLC boosted its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 46.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,503 shares of the entertainment giant's stock after purchasing an additional 19,509 shares during the quarter. Farther Finance Advisors LLC's holdings in Walt Disney were worth $6,848,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its holdings in shares of Walt Disney by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 10,411,205 shares of the entertainment giant's stock valued at $1,001,454,000 after buying an additional 114,701 shares during the last quarter. Brookstone Capital Management raised its holdings in Walt Disney by 10.5% during the 4th quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant's stock worth $15,687,000 after buying an additional 13,339 shares during the period. Greystone Financial Group LLC boosted its stake 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 worth $9,486,000 after purchasing an additional 9,967 shares during the period. Avanza Fonder AB acquired a new position in shares of Walt Disney in the fourth quarter worth $15,125,000. Finally, Swedbank AB lifted its holdings in shares of Walt Disney by 14.4% during the 4th quarter. Swedbank AB now owns 3,361,792 shares of the entertainment giant's stock valued at $374,336,000 after buying an additional 422,339 shares during the last quarter. Institutional investors own 65.71% of the company's stock.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on the company. Macquarie reaffirmed a "neutral" rating and issued a $110.00 price target on shares of Walt Disney in a research report on Monday, January 6th. Rosenblatt Securities reaffirmed a "buy" rating and set a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. Deutsche Bank Aktiengesellschaft upped their price objective on Walt Disney from $115.00 to $131.00 and gave the stock a "buy" rating in a report on Friday, November 15th. Citigroup reaffirmed a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Finally, Prescient Securities lowered their target price on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a report on Tuesday, February 4th. Six research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $125.64.
Check Out Our Latest Report on Walt Disney
Walt Disney Price Performance
Shares of NYSE:DIS opened at $98.00 on Wednesday. The firm has a 50 day simple moving average of $109.88 and a 200 day simple moving average of $104.30. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. 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 $177.17 billion, a price-to-earnings ratio of 31.92, a PEG ratio of 1.80 and a beta of 1.41.
Walt Disney (NYSE:DIS - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 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%. Research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.
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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