The Walt Disney Company (NYSE:DIS) Shares Acquired by TD Private Client Wealth LLC

TD Private Client Wealth LLC increased its stake in The Walt Disney Company (NYSE:DIS) by 67.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 22,294 shares of the entertainment giant’s stock after acquiring an additional 8,961 shares during the period. TD Private Client Wealth LLC’s holdings in Walt Disney were worth $2,482,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Brookstone Capital Management boosted its position in shares of Walt Disney by 10.5% in the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant’s stock worth $15,687,000 after acquiring an additional 13,339 shares during the last quarter. Greystone Financial Group LLC boosted its position in shares of Walt Disney by 13.3% in the fourth quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant’s stock worth $9,486,000 after acquiring an additional 9,967 shares during the last quarter. Avanza Fonder AB acquired a new stake in shares of Walt Disney in the fourth quarter worth approximately $15,125,000. Swedbank AB boosted its position in shares of Walt Disney by 14.4% in the fourth quarter. Swedbank AB now owns 3,361,792 shares of the entertainment giant’s stock worth $374,336,000 after acquiring an additional 422,339 shares during the last quarter. Finally, FourThought Financial Partners LLC acquired a new stake in shares of Walt Disney in the fourth quarter worth approximately $446,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Stock Up 0.7 %

Shares of NYSE:DIS opened at $99.51 on Friday. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The company has a fifty day simple moving average of $108.04 and a 200 day simple moving average of $104.58. The firm has a market cap of $179.89 billion, a PE ratio of 32.41, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74.

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, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. On average, equities research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

DIS has been the topic of several research reports. Citigroup restated a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a report on Wednesday, January 22nd. Morgan Stanley raised their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. The Goldman Sachs Group raised their price target on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Needham & Company LLC restated a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a report on Wednesday, February 5th. Finally, Prescient Securities cut their price target on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Six research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $125.64.

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.