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

Bigelow Investment Advisors LLC lifted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 3.4% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 15,147 shares of the entertainment giant’s stock after acquiring an additional 491 shares during the period. Bigelow Investment Advisors LLC’s holdings in Walt Disney were worth $1,495,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of DIS. Prossimo Advisors LLC boosted its holdings in Walt Disney by 1.1% in the fourth quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant’s stock worth $972,000 after purchasing an additional 92 shares in the last quarter. Onefund LLC lifted its position in shares of Walt Disney by 2.0% in the fourth quarter. Onefund LLC now owns 4,856 shares of the entertainment giant’s stock worth $541,000 after buying an additional 93 shares during the last quarter. Boston Financial Mangement LLC boosted its stake in shares of Walt Disney by 1.5% during the 4th quarter. Boston Financial Mangement LLC now owns 6,287 shares of the entertainment giant’s stock worth $700,000 after acquiring an additional 94 shares in the last quarter. GPM Growth Investors Inc. increased its holdings in shares of Walt Disney by 4.3% during the 4th quarter. GPM Growth Investors Inc. now owns 2,342 shares of the entertainment giant’s stock valued at $261,000 after acquiring an additional 96 shares during the last quarter. Finally, WealthCare Investment Partners LLC raised its stake in shares of Walt Disney by 4.1% in the 4th quarter. WealthCare Investment Partners LLC now owns 2,460 shares of the entertainment giant’s stock valued at $273,000 after acquiring an additional 97 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Performance

Walt Disney stock opened at $117.72 on Thursday. The firm has a market capitalization of $211.64 billion, a P/E ratio of 24.07, a P/E/G ratio of 1.73 and a beta of 1.54. The stock has a fifty day moving average price of $103.38 and a two-hundred day moving average price of $105.87. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $120.50. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.67 and a quick ratio of 0.61.

Walt Disney (NYSE:DIS) last posted its earnings results 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. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. The business had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. During the same quarter in the prior year, the firm earned $1.21 EPS. The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. As a group, analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analysts Set New Price Targets

DIS has been the subject of a number of recent analyst reports. Wolfe Research raised Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 target price for the company in a research report on Monday, April 21st. Barclays boosted their target price on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, May 8th. Needham & Company LLC reaffirmed a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research report on Thursday, May 8th. Guggenheim cut their price objective on Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, May 8th. Finally, UBS Group raised their target price on Walt Disney from $105.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, May 8th. Six research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Walt Disney currently has a consensus rating of “Moderate Buy” and an average target price of $123.96.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of the 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 sale, the executive vice president now owns 46,831 shares in the company, valued at approximately $5,190,748.04. This represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company 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.