M Holdings Securities Inc. Invests $2.18 Million in The Walt Disney Company (NYSE:DIS)

M Holdings Securities Inc. bought a new position in The Walt Disney Company (NYSE:DIS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 19,617 shares of the entertainment giant’s stock, valued at approximately $2,184,000.

A number of other institutional investors have also recently bought and sold shares of DIS. FPC Investment Advisory Inc. purchased a new stake in shares of Walt Disney during the 4th quarter valued at $28,000. Tacita Capital Inc boosted its holdings in Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after acquiring an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new stake in Walt Disney during the fourth quarter valued at about $32,000. Midwest Capital Advisors LLC acquired a new stake in Walt Disney during the fourth quarter worth about $34,000. Finally, Bay Harbor Wealth Management LLC purchased a new position in shares of Walt Disney in the 4th quarter worth about $35,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on DIS shares. Barclays decreased their target price on Walt Disney from $125.00 to $115.00 and set an “overweight” rating for the company in a report on Tuesday, April 8th. Prescient Securities dropped 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. The Goldman Sachs Group lifted their target price on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and increased their price target for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Finally, Citigroup restated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research note on Wednesday, January 22nd. Six investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and an average target price of $125.13.

Walt Disney Price Performance

Shares of DIS stock opened at $84.65 on Tuesday. The firm has a market cap of $153.03 billion, a P/E ratio of 27.57, a P/E/G ratio of 1.80 and a beta of 1.44. The firm has a fifty day moving average of $101.31 and a two-hundred day moving average of $104.75. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $118.63.

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, beating 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%. As a group, research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

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.