Ensign Peak Advisors Inc Grows Stock Holdings in The Walt Disney Company (NYSE:DIS)

Ensign Peak Advisors Inc raised its holdings in shares of The Walt Disney Company (NYSE:DIS) by 2.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 1,798,791 shares of the entertainment giant’s stock after buying an additional 44,569 shares during the period. Ensign Peak Advisors Inc’s holdings in Walt Disney were worth $200,295,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. FPC Investment Advisory Inc. bought a new stake in Walt Disney in the 4th quarter valued at $28,000. Tacita Capital Inc lifted its position in shares of 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 buying an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd bought a new position in Walt Disney during the fourth quarter valued at approximately $32,000. Midwest Capital Advisors LLC purchased a new position in Walt Disney during the 4th quarter valued at approximately $34,000. Finally, Bay Harbor Wealth Management LLC bought a new stake in Walt Disney in the 4th quarter worth approximately $35,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Price Performance

Shares of DIS stock opened at $105.26 on Friday. The company’s 50-day simple moving average is $93.92 and its two-hundred day simple moving average is $104.05. 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 Walt Disney Company has a one year low of $80.10 and a one year high of $118.63. The company has a market capitalization of $190.28 billion, a P/E ratio of 34.29, a P/E/G 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 (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.24. The company had revenue of $23.62 billion for the quarter, compared to analysts’ expectations of $23.15 billion. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Walt Disney’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.21 earnings per share. As a group, equities analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on DIS. Citigroup reissued a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Rosenblatt Securities restated a “buy” rating and issued a $135.00 target price on shares of Walt Disney in a report on Monday, February 10th. Morgan Stanley increased their price target on shares of Walt Disney from $110.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday. Wolfe Research raised Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 price objective on the stock in a research note on Monday, April 21st. Finally, Loop Capital raised their price objective on Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday. Six research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $123.54.

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.