Aviso Financial Inc. Reduces Stock Holdings in The Walt Disney Company (NYSE:DIS)

Aviso Financial Inc. reduced its position in The Walt Disney Company (NYSE:DIS) by 13.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,252 shares of the entertainment giant’s stock after selling 654 shares during the quarter. Aviso Financial Inc.’s holdings in Walt Disney were worth $473,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. FPC Investment Advisory Inc. purchased a new stake in Walt Disney during the fourth quarter valued at about $28,000. Tacita Capital Inc lifted its stake in shares of Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after buying an additional 124 shares in the last quarter. Midwest Capital Advisors LLC bought a new position in Walt Disney in the 4th quarter worth approximately $34,000. Bay Harbor Wealth Management LLC bought a new position in Walt Disney in the 4th quarter worth approximately $35,000. Finally, Vision Financial Markets LLC purchased a new position in Walt Disney in the 4th quarter valued at approximately $39,000. 65.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on DIS shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a report on Wednesday, February 5th. TD Cowen raised their target price on Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a research note on Friday, November 15th. Deutsche Bank Aktiengesellschaft lifted their target price on Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a report on Friday, November 15th. Evercore ISI increased their price target on shares of Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Finally, Prescient Securities reduced their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Six analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $125.64.

Walt Disney Stock Performance

NYSE:DIS opened at $98.73 on Friday. 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 fifty-two week low of $83.91 and a fifty-two week high of $123.74. The firm has a market cap of $178.48 billion, a PE ratio of 32.16, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The business has a 50 day moving average price of $109.10 and a 200-day moving average price of $104.27.

Walt Disney (NYSE:DIS) last announced 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%. Equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

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.