Trajan Wealth LLC Raises Stock Holdings in The Walt Disney Company (NYSE:DIS)

Trajan Wealth LLC increased its position in The Walt Disney Company (NYSE:DIS - Free Report) by 4.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 82,931 shares of the entertainment giant's stock after acquiring an additional 3,277 shares during the period. Trajan Wealth LLC's holdings in Walt Disney were worth $9,234,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. FPC Investment Advisory Inc. bought a new position in Walt Disney during the 4th quarter valued at about $28,000. Tacita Capital Inc increased its holdings in shares of Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after purchasing an additional 124 shares during the period. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Walt Disney in the fourth quarter worth $32,000. Midwest Capital Advisors LLC purchased a new stake in Walt Disney in the 4th quarter worth approximately $34,000. Finally, Bay Harbor Wealth Management LLC acquired a new position in Walt Disney in the 4th quarter worth about $35,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DIS has been the subject of a number of recent research reports. Loop Capital increased their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research report on Tuesday, March 4th. Wolfe Research raised Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price for the company in a research report on Monday. The Goldman Sachs Group raised their target price 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. UBS Group reduced their price target on shares of Walt Disney from $130.00 to $105.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Finally, Barclays dropped 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. Six investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, Walt Disney presently has an average rating of "Moderate Buy" and an average price target of $123.75.

Walt Disney Stock Performance

DIS traded up $2.35 during midday trading on Thursday, reaching $89.64. The company had a trading volume of 5,743,705 shares, compared to its average volume of 10,065,544. The business has a 50-day moving average of $97.80 and a two-hundred day moving average of $104.20. 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 company has a market cap of $162.05 billion, a P/E ratio of 29.20, a P/E/G 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 results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) 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%. As a group, equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal 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.