Benjamin Edwards Inc. Purchases 736 Shares of The Walt Disney Company (NYSE:DIS)

Benjamin Edwards Inc. raised its position in The Walt Disney Company (NYSE:DIS) by 2.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 29,958 shares of the entertainment giant’s stock after acquiring an additional 736 shares during the quarter. Benjamin Edwards Inc.’s holdings in Walt Disney were worth $3,336,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Farmers Trust Co. boosted its holdings in shares of Walt Disney by 1.1% in the 4th quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant’s stock valued at $945,000 after purchasing an additional 92 shares during the last quarter. Pathway Financial Advisors LLC raised its position in shares of Walt Disney by 2.7% in the 4th quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant’s stock worth $386,000 after buying an additional 92 shares during the period. Prossimo Advisors LLC grew its position in Walt Disney by 1.1% during the fourth quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant’s stock valued at $972,000 after acquiring an additional 92 shares during the period. Saxon Interests Inc. increased its stake in Walt Disney by 2.8% during the fourth quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant’s stock worth $380,000 after acquiring an additional 93 shares during the last quarter. Finally, Onefund LLC raised its holdings in shares of Walt Disney by 2.0% in the 4th quarter. Onefund LLC now owns 4,856 shares of the entertainment giant’s stock worth $541,000 after purchasing an additional 93 shares during the period. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Stock Performance

Shares of DIS opened at $92.20 on Wednesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $118.63. The firm has a fifty day moving average of $94.31 and a 200-day moving average of $104.06. The company has a market cap of $166.68 billion, a price-to-earnings ratio of 30.03, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS 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%. As a group, equities analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Wolfe Research upgraded shares of Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 price objective for the company in a research note on Monday, April 21st. Loop Capital upped their price target on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Needham & Company LLC reaffirmed a “buy” rating and set a $125.00 price target on shares of Walt Disney in a report on Tuesday, April 22nd. Finally, Citigroup reaffirmed a “buy” rating and set a $125.00 price target 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, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $123.75.

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.