The Walt Disney Company (NYSE:DIS) Shares Acquired by DCM Advisors LLC

DCM Advisors LLC grew its position in The Walt Disney Company (NYSE:DIS) by 5.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 91,350 shares of the entertainment giant’s stock after purchasing an additional 4,527 shares during the quarter. Walt Disney makes up about 4.8% of DCM Advisors LLC’s portfolio, making the stock its 4th largest position. DCM Advisors LLC’s holdings in Walt Disney were worth $10,171,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of DIS. Mpwm Advisory Solutions LLC acquired a new stake in shares of Walt Disney during the 4th quarter worth approximately $27,000. FPC Investment Advisory Inc. bought a new position in Walt Disney during the fourth quarter worth $28,000. Tacita Capital Inc grew 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 worth $29,000 after purchasing an additional 124 shares during the period. Pilgrim Partners Asia Pte Ltd bought a new stake in Walt Disney in the fourth quarter valued at $32,000. Finally, Midwest Capital Advisors LLC acquired a new position in shares of Walt Disney during the fourth quarter valued at about $34,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently commented on DIS. Loop Capital raised their target price on Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, May 8th. Guggenheim reduced their price objective on Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, May 8th. Morgan Stanley boosted their price objective on Walt Disney from $110.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, May 8th. UBS Group increased their target price on Walt Disney from $105.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, May 8th. Finally, Barclays boosted their price target on shares of Walt Disney from $115.00 to $120.00 and gave the company an “overweight” rating in a research note on Thursday, May 8th. Six analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $123.54.

Walt Disney Price Performance

DIS opened at $112.30 on Wednesday. The firm has a 50-day moving average of $95.21 and a 200 day moving average of $105.02. 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 fifty-two week low of $80.10 and a fifty-two week high of $118.63. The firm 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 announced its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.24. The company had revenue of $23.62 billion during the quarter, compared to analyst estimates of $23.15 billion. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.21 EPS. On average, research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the business’s stock in a transaction on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the transaction, the executive vice president now directly owns 46,831 shares in the company, valued at $5,190,748.04. The trade was a 2.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.16% of the company’s stock.

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.