MetLife Investment Management LLC increased its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 1.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 479,417 shares of the entertainment giant's stock after acquiring an additional 7,424 shares during the quarter. MetLife Investment Management LLC's holdings in Walt Disney were worth $53,383,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. FPC Investment Advisory Inc. acquired a new stake in shares of Walt Disney in the fourth quarter valued at approximately $28,000. Tacita Capital Inc increased its position in Walt Disney by 93.2% during 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 in the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Walt Disney in the fourth quarter valued at $32,000. Midwest Capital Advisors LLC acquired a new stake in shares of Walt Disney during the fourth quarter valued at $34,000. Finally, Bay Harbor Wealth Management LLC acquired a new position in Walt Disney in the 4th quarter valued at about $35,000. Hedge funds and other institutional investors own 65.71% of the company's stock.
Walt Disney Trading Up 2.4 %
Shares of DIS opened at $84.75 on Friday. The stock has a 50 day simple moving average of $99.24 and a 200-day simple moving average of $104.31. 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 market cap of $153.21 billion, a PE ratio of 27.61, a PEG ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $118.63.
Walt Disney (NYSE:DIS - Get Free Report) last issued 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 return on equity of 9.95% and a net margin of 6.07%. On average, sell-side analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on the stock. Prescient Securities lowered their price target on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a report on Tuesday, February 4th. Morgan Stanley boosted their price target on Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Macquarie reissued a "neutral" rating and set a $110.00 price target on shares of Walt Disney in a research note on Monday, January 6th. Barclays lowered their price objective on 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 reiterated a "buy" rating and set a $135.00 target price on shares of Walt Disney in a research report on Monday, February 10th. Six equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Walt Disney has a consensus rating of "Moderate Buy" and a consensus target price of $124.48.
Check Out Our Latest Stock Analysis on DIS
Walt Disney Company Profile
(
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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