Price T Rowe Associates Inc. MD increased its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,136,276 shares of the entertainment giant's stock after acquiring an additional 192,871 shares during the quarter. Price T Rowe Associates Inc. MD owned approximately 0.62% of Walt Disney worth $1,240,025,000 as of its most recent filing with the SEC.
A number of 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 during the fourth quarter worth approximately $28,000. Tacita Capital Inc increased its position in shares of Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock worth $29,000 after purchasing an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Walt Disney in the 4th quarter valued at about $32,000. Midwest Capital Advisors LLC bought a new position in shares of Walt Disney during the fourth quarter worth about $34,000. Finally, Bay Harbor Wealth Management LLC bought a new stake in Walt Disney in the fourth quarter valued at about $35,000. Hedge funds and other institutional investors own 65.71% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts have commented on the stock. Loop Capital lifted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a report on Tuesday, March 4th. Morgan Stanley boosted 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. Barclays decreased their target price on Walt Disney from $125.00 to $115.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Macquarie reiterated a "neutral" rating and set a $110.00 price target on shares of Walt Disney in a research report on Monday, January 6th. Finally, Citigroup restated a "buy" rating and set a $125.00 price objective on shares of Walt Disney in a research report on Wednesday, January 22nd. Six research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Walt Disney currently has a consensus rating of "Moderate Buy" and a consensus target price of $123.75.
Get Our Latest Analysis on Walt Disney
Walt Disney Trading Up 1.4 %
Shares of DIS stock opened at $87.28 on Thursday. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The stock has a 50-day simple moving average of $97.80 and a 200 day simple moving average of $104.20. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $118.63. The stock has a market capitalization of $157.79 billion, a P/E ratio of 28.43, a P/E/G ratio of 1.80 and a beta of 1.44.
Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating 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%. On average, sell-side analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.
Walt Disney 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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