1,892 Shares in The Walt Disney Company (NYSE:DIS) Bought by Objectivity Squared LLC

Objectivity Squared LLC bought a new position in The Walt Disney Company (NYSE:DIS) in the fourth quarter, HoldingsChannel reports. The fund bought 1,892 shares of the entertainment giant’s stock, valued at approximately $206,000.

Other large investors have also recently bought and sold shares of the company. Daiwa Securities Group Inc. increased its stake in shares of Walt Disney by 3.9% in the fourth quarter. Daiwa Securities Group Inc. now owns 318,128 shares of the entertainment giant’s stock valued at $35,424,000 after buying an additional 12,068 shares during the period. Main Street Research LLC acquired a new stake in Walt Disney during the 4th quarter worth approximately $205,000. Hoya Capital Real Estate LLC bought a new stake in Walt Disney during the 4th quarter worth approximately $223,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Walt Disney by 6.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 459,737 shares of the entertainment giant’s stock valued at $51,192,000 after acquiring an additional 26,678 shares during the period. Finally, Enterprise Financial Services Corp raised its stake in shares of Walt Disney by 3.5% during the fourth quarter. Enterprise Financial Services Corp now owns 3,536 shares of the entertainment giant’s stock valued at $394,000 after acquiring an additional 118 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on DIS shares. Citigroup reissued a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a research note on Wednesday, January 22nd. TD Cowen increased their price target on Walt Disney from $108.00 to $123.00 and gave the company a “hold” rating in a research note on Friday, November 15th. Deutsche Bank Aktiengesellschaft lifted their price objective on Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Loop Capital upped their target price on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Finally, Wells Fargo & Company raised their price target on shares of Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday, November 15th. Six analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and an average target price of $125.64.

Walt Disney Stock Up 0.1 %

Shares of NYSE:DIS opened at $105.58 on Monday. 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 52-week low of $83.91 and a 52-week high of $123.74. The business’s 50 day simple moving average is $110.30 and its two-hundred day simple moving average is $104.16. The firm has a market cap of $190.87 billion, a P/E ratio of 34.39, a PEG ratio of 1.80 and a beta of 1.41.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping 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, research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Insider Buying and Selling at Walt Disney

In other news, EVP Brent Woodford sold 8,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total transaction of $917,920.00. Following the completion of the sale, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at $5,054,870.70. The trade was a 15.37 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 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.