Jump Financial LLC bought a new stake in The Walt Disney Company (NYSE:DIS – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,433 shares of the entertainment giant’s stock, valued at approximately $1,162,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Anchor Investment Management LLC raised its holdings in shares of Walt Disney by 6.5% during the 4th quarter. Anchor Investment Management LLC now owns 44,147 shares of the entertainment giant’s stock valued at $4,916,000 after purchasing an additional 2,683 shares in the last quarter. M Holdings Securities Inc. acquired a new position in Walt Disney during the fourth quarter worth $2,184,000. Rossby Financial LCC acquired a new stake in shares of Walt Disney in the fourth quarter worth about $1,084,000. Aware Super Pty Ltd as trustee of Aware Super acquired a new position in shares of Walt Disney during the 4th quarter valued at about $2,133,000. Finally, Canada Post Corp Registered Pension Plan bought a new position in shares of Walt Disney in the 4th quarter valued at approximately $5,892,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.
Walt Disney Stock Up 2.4 %
NYSE DIS opened at $84.75 on Monday. The stock’s 50 day moving average is $99.24 and its two-hundred day moving average is $104.45. 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 market capitalization of $153.21 billion, a price-to-earnings ratio of 27.61, a PEG ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $118.63.
Wall Street Analyst Weigh In
Several brokerages have commented on DIS. UBS Group lowered their price target on Walt Disney from $130.00 to $105.00 and set a “buy” rating on the stock in a report on Tuesday, April 15th. Morgan Stanley raised their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. The Goldman Sachs Group boosted their target price on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Barclays lowered their price target on Walt Disney from $125.00 to $115.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 8th. Finally, Prescient Securities cut their price objective on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. Six investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $124.48.
View Our Latest Stock Report on Walt Disney
Walt Disney Company 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.
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