Jaffetilchin Investment Partners LLC lifted its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 190.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,427 shares of the entertainment giant's stock after purchasing an additional 22,556 shares during the period. Jaffetilchin Investment Partners LLC's holdings in Walt Disney were worth $3,833,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the stock. First Foundation Advisors boosted its holdings in shares of Walt Disney by 24.3% in the fourth quarter. First Foundation Advisors now owns 65,693 shares of the entertainment giant's stock worth $7,315,000 after acquiring an additional 12,833 shares during the period. Accredited Investors Inc. increased its position in shares of Walt Disney by 3.4% during the fourth quarter. Accredited Investors Inc. now owns 7,555 shares of the entertainment giant's stock valued at $841,000 after buying an additional 251 shares during the period. Zuckerman Investment Group LLC boosted its position in shares of Walt Disney by 2.5% in the fourth quarter. Zuckerman Investment Group LLC now owns 76,505 shares of the entertainment giant's stock valued at $8,722,000 after acquiring an additional 1,860 shares during the period. Legacy Financial Advisors Inc. increased its holdings in Walt Disney by 7.8% during the 4th quarter. Legacy Financial Advisors Inc. now owns 13,036 shares of the entertainment giant's stock worth $1,452,000 after acquiring an additional 941 shares during the period. Finally, Redwood Park Advisors LLC purchased a new stake in Walt Disney in the 4th quarter worth approximately $53,000. Institutional investors own 65.71% of the company's stock.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on DIS shares. Needham & Company LLC reissued a "buy" rating and set a $130.00 price objective on shares of Walt Disney in a research note on Wednesday, February 5th. Redburn Atlantic raised shares of Walt Disney from a "neutral" rating to a "buy" rating and raised their target price for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. The Goldman Sachs Group boosted their price target on shares of Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a research note on Tuesday, February 4th. Citigroup reiterated a "buy" rating and issued a $125.00 target price on shares of Walt Disney in a research report on Wednesday, January 22nd. Finally, Macquarie reiterated a "neutral" rating and issued a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Six research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Walt Disney currently has a consensus rating of "Moderate Buy" and an average price target of $125.13.
View Our Latest Analysis on Walt Disney
Walt Disney Stock Performance
NYSE DIS traded down $0.24 during trading hours on Monday, hitting $84.65. The company's stock had a trading volume of 10,829,157 shares, compared to its average volume of 9,998,273. The company's 50 day simple moving average is $101.83 and its two-hundred day simple moving average is $104.82. 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 $153.03 billion, a P/E ratio of 27.57, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $118.63.
Walt Disney (NYSE:DIS - Get Free Report) last issued its earnings results 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 net margin of 6.07% and a return on equity of 9.95%. As a group, sell-side analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.
Walt Disney Company Profile
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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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