Aurora Private Wealth Inc. Makes New $1.34 Million Investment in The Walt Disney Company (NYSE:DIS)

Aurora Private Wealth Inc. purchased a new stake in shares of The Walt Disney Company (NYSE:DIS) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 13,544 shares of the entertainment giant’s stock, valued at approximately $1,337,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of DIS. Mpwm Advisory Solutions LLC purchased a new stake in shares of Walt Disney during the 4th quarter valued at about $27,000. Tacita Capital Inc grew 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 buying an additional 124 shares during the period. Pilgrim Partners Asia Pte Ltd purchased a new stake in Walt Disney during the fourth quarter valued at approximately $32,000. Copia Wealth Management bought a new position in Walt Disney in the fourth quarter worth approximately $36,000. Finally, Vision Financial Markets LLC bought a new position in Walt Disney in the 4th quarter worth $39,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Trading Up 0.9%

Walt Disney stock opened at $118.81 on Wednesday. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $120.50. The stock has a 50-day moving average price of $106.03 and a 200 day moving average price of $105.83. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $213.59 billion, a price-to-earnings ratio of 24.30, a price-to-earnings-growth ratio of 1.73 and a beta of 1.54.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating the consensus estimate of $1.21 by $0.24. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. The business had revenue of $23.62 billion for the quarter, compared to the consensus estimate of $23.15 billion. During the same period in the prior year, the firm earned $1.21 EPS. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. Sell-side analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

DIS has been the subject of several analyst reports. Rosenblatt Securities increased their target price on shares of Walt Disney from $135.00 to $140.00 and gave the stock a “buy” rating in a report on Tuesday, June 3rd. Loop Capital increased their price target on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, June 10th. Morgan Stanley boosted their price objective on Walt Disney from $110.00 to $120.00 and gave the company an “overweight” rating in a research report on Thursday, May 8th. Barclays upped their price target on Walt Disney from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, May 8th. Finally, Guggenheim lowered their target price on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, May 8th. Six research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $123.96.

Insiders Place Their Bets

In related news, EVP Brent Woodford sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the sale, the executive vice president now directly owns 46,831 shares of the company’s stock, valued at $5,190,748.04. This trade represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.16% of the stock is owned by insiders.

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.