31,380 Shares in The Walt Disney Company (NYSE:DIS) Purchased by Guardian Partners Inc.

Guardian Partners Inc. acquired a new stake in shares of The Walt Disney Company (NYSE:DIS) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 31,380 shares of the entertainment giant’s stock, valued at approximately $3,444,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DIS. FPC Investment Advisory Inc. purchased a new stake in Walt Disney during the fourth quarter valued at approximately $28,000. Tacita Capital Inc raised its position in Walt Disney by 93.2% during 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. Midwest Capital Advisors LLC purchased a new stake in Walt Disney during the fourth quarter valued at approximately $34,000. Bay Harbor Wealth Management LLC purchased a new stake in Walt Disney during the fourth quarter valued at approximately $35,000. Finally, Vision Financial Markets LLC purchased a new stake in Walt Disney during the fourth quarter valued at approximately $39,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Stock Up 0.7 %

Walt Disney stock opened at $99.51 on Friday. The business has a fifty day moving average of $108.04 and a two-hundred day moving average of $104.67. 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 firm has a market cap of $179.89 billion, a P/E ratio of 32.41, a P/E/G ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share 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%. On average, analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Loop Capital upped their price objective on 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 upped their target price on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research note on Tuesday, February 4th. Macquarie reaffirmed a “neutral” rating and set a $110.00 target price on shares of Walt Disney in a research note on Monday, January 6th. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and upped their target price for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Finally, Citigroup reaffirmed a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research note on Wednesday, January 22nd. Six equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $125.64.

About Walt Disney

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.