Life Planning Partners Inc Buys Shares of 22,827 The Walt Disney Company (NYSE:DIS)

Life Planning Partners Inc acquired a new position in The Walt Disney Company (NYSE:DIS) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 22,827 shares of the entertainment giant’s stock, valued at approximately $2,542,000.

A number of other large investors have also recently added to or reduced their stakes in DIS. United Bank increased its position in Walt Disney by 6.2% during the third quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock worth $1,168,000 after buying an additional 712 shares in the last quarter. CreativeOne Wealth LLC increased its position in Walt Disney by 5.4% during the 3rd quarter. CreativeOne Wealth LLC now owns 11,448 shares of the entertainment giant’s stock worth $1,101,000 after purchasing an additional 590 shares in the last quarter. Public Sector Pension Investment Board raised its stake in Walt Disney by 13.4% in the 3rd quarter. Public Sector Pension Investment Board now owns 77,763 shares of the entertainment giant’s stock valued at $7,480,000 after purchasing an additional 9,200 shares during the last quarter. BlueCrest Capital Management Ltd lifted its holdings in Walt Disney by 3,309.1% in the 3rd quarter. BlueCrest Capital Management Ltd now owns 3,000 shares of the entertainment giant’s stock valued at $289,000 after purchasing an additional 2,912 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec boosted its stake in shares of Walt Disney by 53.5% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 852,003 shares of the entertainment giant’s stock worth $81,954,000 after purchasing an additional 297,017 shares during the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Stock Down 2.4 %

Shares of NYSE:DIS opened at $98.02 on Friday. The company has a market capitalization of $177.19 billion, a price-to-earnings ratio of 31.93, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The company has a 50 day moving average of $107.31 and a two-hundred day moving average of $105.07. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.69. 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 released its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates 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, analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on DIS. Prescient Securities reduced their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Morgan Stanley raised their price objective on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Loop Capital upped their target price on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th. Citigroup reissued a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Finally, Redburn Atlantic raised shares of Walt Disney from a “neutral” rating to a “buy” rating and upped their price objective for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Six investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney 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.