Atlas Capital Advisors Inc. Buys 11,500 Shares of The Walt Disney Company (NYSE:DIS)

Atlas Capital Advisors Inc. boosted its stake in The Walt Disney Company (NYSE:DIS) by 18,254.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 11,563 shares of the entertainment giant’s stock after acquiring an additional 11,500 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in Walt Disney were worth $1,288,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Brookstone Capital Management increased its stake in shares of Walt Disney by 10.5% in the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant’s stock valued at $15,687,000 after buying an additional 13,339 shares during the period. Greystone Financial Group LLC increased its position in Walt Disney by 13.3% in the 4th quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant’s stock valued at $9,486,000 after acquiring an additional 9,967 shares during the period. Avanza Fonder AB bought a new position in shares of Walt Disney during the fourth quarter valued at $15,125,000. Swedbank AB lifted its holdings in shares of Walt Disney by 14.4% during the fourth quarter. Swedbank AB now owns 3,361,792 shares of the entertainment giant’s stock worth $374,336,000 after purchasing an additional 422,339 shares during the period. Finally, FourThought Financial Partners LLC acquired a new stake in Walt Disney in the fourth quarter valued at $446,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Needham & Company LLC reaffirmed a “buy” rating and set a $130.00 target price on shares of Walt Disney in a report on Wednesday, February 5th. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Citigroup reissued a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research report on Wednesday, January 22nd. Loop Capital boosted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th. Finally, Prescient Securities decreased their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. Six investment 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 company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $125.33.

Walt Disney Stock Down 9.4 %

Walt Disney stock opened at $88.67 on Friday. The firm has a market capitalization of $160.30 billion, a price-to-earnings ratio of 28.88, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The firm’s fifty day moving average price is $106.26 and its two-hundred day moving average price is $105.26. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $120.19. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. On average, equities research analysts predict 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.