Wescott Financial Advisory Group LLC Grows Stock Holdings in The Walt Disney Company (NYSE:DIS)

Wescott Financial Advisory Group LLC lifted its stake in The Walt Disney Company (NYSE:DIS) by 5.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 8,149 shares of the entertainment giant’s stock after purchasing an additional 454 shares during the period. Wescott Financial Advisory Group LLC’s holdings in Walt Disney were worth $907,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in Walt Disney in the 4th quarter worth about $2,415,427,000. Arrowstreet Capital Limited Partnership boosted its position in shares of Walt Disney by 75.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 10,858,108 shares of the entertainment giant’s stock valued at $1,209,050,000 after acquiring an additional 4,680,930 shares during the period. Jennison Associates LLC grew its stake in Walt Disney by 23.4% during the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant’s stock valued at $2,137,637,000 after acquiring an additional 3,636,742 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Walt Disney in the 4th quarter worth approximately $358,151,000. Finally, Boston Partners bought a new position in Walt Disney in the 4th quarter valued at $350,707,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on DIS. 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. Prescient Securities lowered their price target on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. The Goldman Sachs Group lifted their price target on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research report on Tuesday, February 4th. Needham & Company LLC restated a “buy” rating and issued a $130.00 price objective on shares of Walt Disney in a research report on Wednesday, February 5th. Finally, Citigroup reiterated a “buy” rating and set a $125.00 target price on shares of Walt Disney in a research report on Wednesday, January 22nd. Six investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $125.33.

Walt Disney Price Performance

DIS opened at $88.67 on Friday. 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 stock’s 50 day simple moving average is $106.26 and its 200 day simple moving average is $105.26. The firm has a market cap of $160.30 billion, a price-to-earnings ratio of 28.88, a PEG ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $120.19.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates 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, analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Company 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.