Hancock Whitney Corp Has $1.94 Million Stake in The Walt Disney Company (NYSE:DIS)

Hancock Whitney Corp grew its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 35.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,424 shares of the entertainment giant's stock after buying an additional 4,541 shares during the quarter. Hancock Whitney Corp's holdings in Walt Disney were worth $1,940,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. FPC Investment Advisory Inc. acquired a new position in Walt Disney in the fourth quarter valued at about $28,000. Tacita Capital Inc grew its position in Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock worth $29,000 after acquiring an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in Walt Disney during the 4th quarter valued at $32,000. Midwest Capital Advisors LLC bought a new position in Walt Disney in the 4th quarter valued at $34,000. Finally, Bay Harbor Wealth Management LLC acquired a new position in Walt Disney in the fourth quarter worth $35,000. 65.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. The Goldman Sachs Group raised their target price on Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a research note on Tuesday, February 4th. Wolfe Research upgraded shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price on the stock in a research report on Monday, April 21st. Redburn Atlantic raised shares of Walt Disney from a "neutral" rating to a "buy" rating and increased their price target for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Barclays dropped their price objective on shares of Walt Disney from $125.00 to $115.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Six equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $123.75.

Walt Disney Stock Up 0.2 %

Shares of DIS traded up $0.22 during midday trading on Friday, hitting $90.23. The stock had a trading volume of 7,747,097 shares, compared to its average volume of 10,112,719. 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 firm has a market cap of $163.12 billion, a price-to-earnings ratio of 29.39, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The company has a 50 day simple moving average of $97.01 and a two-hundred day simple moving average of $104.17. 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 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, analysts anticipate 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.