Russell Investments Group Ltd. increased its stake in The Walt Disney Company (NYSE:DIS – Free Report) by 1.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,249,771 shares of the entertainment giant’s stock after acquiring an additional 12,209 shares during the period. Russell Investments Group Ltd.’s holdings in Walt Disney were worth $139,066,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of DIS. United Bank boosted its stake in shares of Walt Disney by 6.2% in the 3rd quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock valued at $1,168,000 after purchasing an additional 712 shares during the last quarter. Morse Asset Management Inc grew its holdings in Walt Disney by 17.5% during the 3rd quarter. Morse Asset Management Inc now owns 21,366 shares of the entertainment giant’s stock worth $2,055,000 after acquiring an additional 3,185 shares during the period. Quarry LP boosted its position in shares of Walt Disney by 151.8% in the 3rd quarter. Quarry LP now owns 5,326 shares of the entertainment giant’s stock worth $512,000 after purchasing an additional 3,211 shares during the last quarter. Quantinno Capital Management LP increased its holdings in Walt Disney by 41.9% in the third quarter. Quantinno Capital Management LP now owns 119,027 shares of the entertainment giant’s stock valued at $11,449,000 after purchasing an additional 35,133 shares during the last quarter. Finally, Texas Capital Bank Wealth Management Services Inc lifted its stake in Walt Disney by 15.5% in the third quarter. Texas Capital Bank Wealth Management Services Inc now owns 7,403 shares of the entertainment giant’s stock valued at $712,000 after buying an additional 992 shares during the period. 65.71% of the stock is currently owned by institutional investors.
Walt Disney Price Performance
Shares of DIS opened at $83.52 on Friday. The firm has a market capitalization of $150.99 billion, a PE ratio of 27.21, a PEG ratio of 1.80 and a beta of 1.44. 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 company’s 50-day moving average is $105.68 and its 200-day moving average is $105.11. The Walt Disney Company has a fifty-two week low of $83.08 and a fifty-two week high of $118.86.
Analyst Ratings Changes
A number of brokerages recently issued reports on DIS. Citigroup restated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. The Goldman Sachs Group increased their price target on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Prescient Securities decreased their price objective on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. Macquarie restated a “neutral” rating and set a $110.00 target price on shares of Walt Disney in a report on Monday, January 6th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a report on Wednesday, February 5th. Six research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $125.33.
Check Out Our Latest Analysis on DIS
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.
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