The Walt Disney Company (NYSE:DIS) Shares Acquired by Continuum Advisory LLC

Continuum Advisory LLC increased its stake in shares of The Walt Disney Company (NYSE:DIS) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,013 shares of the entertainment giant’s stock after acquiring an additional 444 shares during the period. Continuum Advisory LLC’s holdings in Walt Disney were worth $2,006,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of DIS. Ames National Corp acquired a new position in shares of Walt Disney in the fourth quarter worth about $425,000. PharVision Advisers LLC purchased a new position in shares of Walt Disney in the 4th quarter valued at about $751,000. Mpwm Advisory Solutions LLC acquired a new position in Walt Disney in the 4th quarter worth about $27,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Walt Disney by 21.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,867,017 shares of the entertainment giant’s stock worth $1,878,142,000 after purchasing an additional 3,016,339 shares in the last quarter. Finally, Waverly Advisors LLC grew its holdings in Walt Disney by 28.2% in the fourth quarter. Waverly Advisors LLC now owns 36,953 shares of the entertainment giant’s stock valued at $4,115,000 after purchasing an additional 8,136 shares during the period. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Price Performance

Walt Disney stock opened at $112.30 on Wednesday. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The company has a 50-day moving average price of $95.21 and a 200 day moving average price of $105.02. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $118.63. The stock has a market cap of $201.89 billion, a P/E ratio of 36.58, a PEG ratio of 1.80 and a beta of 1.49.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.24. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The company had revenue of $23.62 billion during the quarter, compared to analysts’ expectations of $23.15 billion. During the same quarter last year, the firm earned $1.21 earnings per share. The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. Sell-side analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on DIS shares. Barclays upped their target price on Walt Disney from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, May 8th. Citigroup restated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research report on Wednesday, January 22nd. Morgan Stanley increased their price objective on shares of Walt Disney from $110.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, May 8th. Prescient Securities reduced their price target 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. Finally, Wolfe Research raised shares of Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 price target on the stock in a research note on Monday, April 21st. Six 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 stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $123.54.

Insider Activity at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the company’s stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the transaction, the executive vice president now directly owns 46,831 shares in the company, valued at $5,190,748.04. This represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.16% of the stock is owned by insiders.

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.