MSH Capital Advisors LLC bought a new stake in The Walt Disney Company (NYSE:DIS – Free Report) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 4,975 shares of the entertainment giant’s stock, valued at approximately $554,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. acquired a new position in Walt Disney during the 4th quarter worth about $28,000. Tacita Capital Inc lifted its position in shares of Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after purchasing an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Walt Disney during the fourth quarter worth about $32,000. Midwest Capital Advisors LLC purchased a new position in shares of Walt Disney in the fourth quarter valued at approximately $34,000. Finally, Bay Harbor Wealth Management LLC acquired a new position in shares of Walt Disney in the fourth quarter valued at approximately $35,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.
Walt Disney Trading Down 2.5 %
NYSE:DIS opened at $82.88 on Thursday. The company has a market capitalization of $149.83 billion, a PE ratio of 27.00, a P/E/G ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $118.63. The stock’s 50 day moving average price is $100.21 and its 200 day moving average price is $104.52. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.
Analysts Set New Price Targets
Several brokerages have commented on DIS. Needham & Company LLC reissued a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a research report on Wednesday, February 5th. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and increased their price objective for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Loop Capital boosted their target price on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, March 4th. Morgan Stanley increased their price target on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Finally, UBS Group decreased their price objective on Walt Disney from $130.00 to $105.00 and set a “buy” rating for the company in a research note on Tuesday. Six analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and a consensus target price of $124.48.
Get Our Latest Stock Analysis on Walt Disney
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.
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