Schroder Investment Management Group increased its position in The Walt Disney Company (NYSE:DIS - Free Report) by 7.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 828,050 shares of the entertainment giant's stock after purchasing an additional 54,775 shares during the quarter. Schroder Investment Management Group's holdings in Walt Disney were worth $92,203,000 as of its most recent SEC filing.
Several other hedge funds have also bought and sold shares of DIS. Brookstone Capital Management lifted its position in shares of Walt Disney by 10.5% in the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant's stock valued at $15,687,000 after buying an additional 13,339 shares during the last quarter. Greystone Financial Group LLC lifted its holdings in Walt Disney by 13.3% during the 4th quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant's stock valued at $9,486,000 after purchasing an additional 9,967 shares during the last quarter. Avanza Fonder AB bought a new position in Walt Disney during the fourth quarter worth $15,125,000. Swedbank AB increased its holdings in shares of Walt Disney by 14.4% in the fourth quarter. Swedbank AB now owns 3,361,792 shares of the entertainment giant's stock valued at $374,336,000 after purchasing an additional 422,339 shares during the last quarter. Finally, FourThought Financial Partners LLC bought a new position in shares of Walt Disney in the fourth quarter valued at about $446,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages recently commented on DIS. Rosenblatt Securities reaffirmed a "buy" rating and set a $135.00 target price on shares of Walt Disney in a report on Monday, February 10th. Macquarie reaffirmed a "neutral" rating and issued a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Prescient Securities dropped their price target on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a report on Tuesday, February 4th. The Goldman Sachs Group upped their price objective on Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a report on Tuesday, February 4th. Finally, Morgan Stanley lifted their target price on Walt Disney from $125.00 to $130.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Six research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $125.33.
Check Out Our Latest Research Report on DIS
Walt Disney Price Performance
Shares of DIS traded down $6.41 during midday trading on Thursday, hitting $91.47. The company's stock had a trading volume of 6,661,970 shares, compared to its average volume of 9,770,728. 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 Walt Disney Company has a one year low of $83.91 and a one year high of $123.69. The stock has a market capitalization of $165.36 billion, a price-to-earnings ratio of 29.79, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The company's fifty day simple moving average is $106.70 and its two-hundred day simple moving average is $105.37.
Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results 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%. As a group, equities analysts expect 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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