1,229 Shares in The Walt Disney Company (NYSE:DIS) Bought by Delos Wealth Advisors LLC

Delos Wealth Advisors LLC acquired a new stake in The Walt Disney Company (NYSE:DIS) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,229 shares of the entertainment giant’s stock, valued at approximately $137,000.

Several other large investors have also recently bought and sold shares of the business. Norges Bank purchased a new stake in Walt Disney in the 4th quarter valued at $2,415,427,000. Arrowstreet Capital Limited Partnership grew 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 purchasing an additional 4,680,930 shares during the last quarter. Jennison Associates LLC lifted its stake in Walt Disney by 23.4% in the 4th quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant’s stock valued at $2,137,637,000 after buying an additional 3,636,742 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Walt Disney in the fourth quarter valued at $358,151,000. Finally, Boston Partners purchased a new position in Walt Disney in the 4th quarter valued at about $350,707,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Down 2.4 %

Shares of DIS opened at $98.02 on Friday. The stock’s fifty day simple moving average is $107.31 and its 200-day simple moving average is $105.07. The firm has a market capitalization of $177.19 billion, a PE ratio of 31.93, 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 $123.69. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

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

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DIS. Morgan Stanley increased their target price on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Macquarie restated a “neutral” rating and set a $110.00 target price on shares of Walt Disney in a report on Monday, January 6th. Rosenblatt Securities reiterated a “buy” rating and issued a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Needham & Company LLC reissued a “buy” rating and set a $130.00 target price on shares of Walt Disney in a research report on Wednesday, February 5th. Finally, Citigroup reissued a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a report on Wednesday, January 22nd. Six equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.