The Walt Disney Company (NYSE:DIS) Shares Purchased by Wellspring Financial Advisors LLC

Wellspring Financial Advisors LLC boosted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 12.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,567 shares of the entertainment giant’s stock after purchasing an additional 276 shares during the quarter. Wellspring Financial Advisors LLC’s holdings in Walt Disney were worth $286,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in DIS. FPC Investment Advisory Inc. acquired a new stake in Walt Disney in the fourth quarter valued at $28,000. Tacita Capital Inc increased its position in shares of Walt Disney by 93.2% in the 4th 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 last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Walt Disney in the 4th quarter valued at about $32,000. Midwest Capital Advisors LLC acquired a new stake in shares of Walt Disney in the 4th quarter valued at about $34,000. Finally, Bay Harbor Wealth Management LLC bought a new position in shares of Walt Disney during the fourth quarter worth about $35,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Price Performance

NYSE DIS opened at $83.52 on Monday. The Walt Disney Company has a 12 month low of $80.40 and a 12 month high of $118.63. The firm has a market capitalization of $150.99 billion, a PE ratio of 27.21, a P/E/G ratio of 1.80 and a beta of 1.44. The company’s 50 day simple moving average is $105.68 and its 200 day simple moving average is $105.29. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results 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, equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have issued reports on DIS shares. Redburn Atlantic upgraded 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. Morgan Stanley upped their price target on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Prescient Securities decreased their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, February 4th. Citigroup reissued a “buy” rating and set a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Six analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $125.33.

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.