The Walt Disney Company (NYSE:DIS) Shares Bought by World Investment Advisors

World Investment Advisors boosted its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 21.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,678 shares of the entertainment giant's stock after acquiring an additional 12,311 shares during the period. World Investment Advisors' holdings in Walt Disney were worth $7,870,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. FPC Investment Advisory Inc. acquired a new position in shares of Walt Disney during the 4th quarter valued at about $28,000. Tacita Capital Inc boosted its holdings in Walt Disney by 93.2% in the 4th 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 last quarter. Midwest Capital Advisors LLC purchased a new stake in shares of Walt Disney in the 4th quarter valued at approximately $34,000. Bay Harbor Wealth Management LLC acquired a new stake in shares of Walt Disney during the 4th quarter worth approximately $35,000. Finally, Vision Financial Markets LLC purchased a new stake in shares of Walt Disney during the 4th quarter valued at approximately $39,000. Institutional investors and hedge funds own 65.71% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Redburn Atlantic raised Walt Disney from a "neutral" rating to a "buy" rating and raised their target price for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Jefferies Financial Group assumed coverage on Walt Disney in a research report on Wednesday, December 4th. They set a "hold" rating and a $120.00 price objective for the company. Loop Capital upped 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. The Goldman Sachs Group lifted their price target on shares of Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a research report on Tuesday, February 4th. Finally, Macquarie restated a "neutral" rating and issued a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Six research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $125.33.

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Walt Disney Stock Down 9.4 %

Shares of DIS traded down $9.21 during midday trading on Thursday, reaching $88.67. The stock had a trading volume of 19,326,386 shares, compared to its average volume of 9,768,674. The company has a market cap of $160.30 billion, a price-to-earnings ratio of 28.88, a PEG ratio of 1.80 and a beta of 1.44. The company's fifty day simple moving average is $106.26 and its two-hundred day simple moving average is $105.26. 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 $120.19.

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