Wilkins Investment Counsel Inc. Acquires 5,809 Shares of The Walt Disney Company (NYSE:DIS)

Wilkins Investment Counsel Inc. grew its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 11.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,632 shares of the entertainment giant's stock after buying an additional 5,809 shares during the period. Wilkins Investment Counsel Inc.'s holdings in Walt Disney were worth $6,529,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Farmers Trust Co. increased its stake in Walt Disney by 1.1% in the fourth quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant's stock valued at $945,000 after acquiring an additional 92 shares during the last quarter. Pathway Financial Advisors LLC boosted its holdings in shares of Walt Disney by 2.7% in the 4th quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant's stock worth $386,000 after purchasing an additional 92 shares in the last quarter. Prossimo Advisors LLC increased its position in shares of Walt Disney by 1.1% during the 4th quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant's stock valued at $972,000 after purchasing an additional 92 shares during the last quarter. Saxon Interests Inc. raised its holdings in shares of Walt Disney by 2.8% during the 4th quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant's stock valued at $380,000 after buying an additional 93 shares in the last quarter. Finally, Onefund LLC lifted its position in Walt Disney by 2.0% in the 4th quarter. Onefund LLC now owns 4,856 shares of the entertainment giant's stock worth $541,000 after buying an additional 93 shares during the last quarter. Institutional investors own 65.71% of the company's stock.

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Wall Street Analyst Weigh In

A number of research analysts have commented on DIS shares. 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. Morgan Stanley increased their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Citigroup reissued a "buy" rating and issued a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Loop Capital increased their price objective on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Six analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $125.64.

Walt Disney Stock Up 0.7 %

DIS stock traded up $0.65 during trading on Friday, hitting $99.51. 15,070,893 shares of the stock traded hands, compared to its average volume of 9,545,822. 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 Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74. The stock has a market cap of $179.89 billion, a price-to-earnings ratio of 32.41, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The firm's 50 day moving average is $108.04 and its two-hundred day moving average is $104.67.

Walt Disney (NYSE:DIS - Get Free Report) last posted its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) 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 anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

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.