The Walt Disney Company (NYSE:DIS) Stock Position Lessened by Capital International Investors

Capital International Investors reduced its stake in shares of The Walt Disney Company (NYSE:DIS) by 0.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 4,708,147 shares of the entertainment giant’s stock after selling 1,101 shares during the period. Capital International Investors’ holdings in Walt Disney were worth $524,252,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Trek Financial LLC lifted its stake in shares of Walt Disney by 479.9% in the 4th quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant’s stock worth $4,044,000 after acquiring an additional 30,057 shares during the period. Brookstone Capital Management lifted its position in Walt Disney by 10.5% in the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant’s stock worth $15,687,000 after purchasing an additional 13,339 shares during the period. Greystone Financial Group LLC boosted its stake in Walt Disney by 13.3% during the 4th quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant’s stock valued at $9,486,000 after purchasing an additional 9,967 shares in the last quarter. Avanza Fonder AB acquired a new position in shares of Walt Disney during the 4th quarter valued at $15,125,000. Finally, FourThought Financial Partners LLC acquired a new position in shares of Walt Disney during the 4th quarter valued at $446,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. 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. Rosenblatt Securities restated a “buy” rating and set a $135.00 price objective on shares of Walt Disney in a research report on Monday, February 10th. The Goldman Sachs Group boosted their target price on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Loop Capital raised their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Finally, Morgan Stanley upped their price target on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Six investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $124.48.

Walt Disney Stock Up 2.4 %

DIS stock opened at $84.75 on Friday. The company has a 50 day moving average of $99.24 and a two-hundred day moving average of $104.31. The company has a market cap of $153.21 billion, a price-to-earnings ratio of 27.61, a PEG ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $118.63. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data 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%. On average, equities analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal 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.