United Capital Financial Advisors LLC Raises Stock Holdings in The Walt Disney Company (NYSE:DIS)

United Capital Financial Advisors LLC increased its position in The Walt Disney Company (NYSE:DIS - Free Report) by 29.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 492,256 shares of the entertainment giant's stock after buying an additional 111,736 shares during the period. United Capital Financial Advisors LLC's holdings in Walt Disney were worth $54,813,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Norges Bank bought a new position in shares of Walt Disney in the fourth quarter valued at $2,415,427,000. Arrowstreet Capital Limited Partnership increased its holdings in Walt Disney by 75.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 10,858,108 shares of the entertainment giant's stock worth $1,209,050,000 after purchasing an additional 4,680,930 shares in the last quarter. Jennison Associates LLC raised its stake in shares of Walt Disney by 23.4% in the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant's stock worth $2,137,637,000 after purchasing an additional 3,636,742 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Walt Disney during the fourth quarter valued at approximately $358,151,000. Finally, Boston Partners purchased a new stake in Walt Disney in the 4th quarter valued at $350,707,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Price Performance

DIS traded up $1.98 during trading on Friday, reaching $84.75. The stock had a trading volume of 14,724,780 shares, compared to its average volume of 10,031,370. The business has a 50-day moving average of $99.24 and a 200-day moving average of $104.31. The Walt Disney Company has a one year low of $80.10 and a one year high of $118.63. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. 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.

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 return on equity of 9.95% and a net margin of 6.07%. As a group, equities research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on DIS shares. Morgan Stanley upped their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Needham & Company LLC reiterated a "buy" rating and issued a $130.00 price objective on shares of Walt Disney in a research note on Wednesday, February 5th. Redburn Atlantic upgraded Walt Disney from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Rosenblatt Securities reiterated a "buy" rating and set a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Finally, Barclays lowered their target price on Walt Disney from $125.00 to $115.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. 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. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $124.48.

Walt Disney Company 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.