West Tower Group LLC Buys New Shares in The Walt Disney Company (NYSE:DIS)

West Tower Group LLC bought a new stake in The Walt Disney Company (NYSE:DIS) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,000 shares of the entertainment giant’s stock, valued at approximately $223,000.

A number of other institutional investors have also recently bought and sold shares of the stock. VSM Wealth Advisory LLC purchased a new stake in Walt Disney in the fourth quarter valued at approximately $297,000. Brooklyn FI LLC purchased a new stake in Walt Disney during the fourth quarter worth approximately $400,000. Enhancing Capital LLC purchased a new stake in Walt Disney during the fourth quarter worth approximately $1,114,000. Xponance Inc. grew its stake in Walt Disney by 1.8% during the fourth quarter. Xponance Inc. now owns 270,252 shares of the entertainment giant’s stock worth $30,093,000 after buying an additional 4,851 shares during the period. Finally, Boston Partners purchased a new stake in Walt Disney during the fourth quarter worth approximately $350,707,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DIS has been the subject of several research reports. The Goldman Sachs Group boosted their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research note on Tuesday, February 4th. Morgan Stanley boosted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Needham & Company LLC reiterated a “buy” rating and set a $130.00 price objective on shares of Walt Disney in a research note on Wednesday, February 5th. Citigroup restated a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a research note on Wednesday, January 22nd. Finally, Loop Capital upped their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th. Six analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.64.

Walt Disney Stock Down 0.0 %

Shares of NYSE:DIS opened at $99.33 on Wednesday. The stock has a market capitalization of $179.56 billion, a price-to-earnings ratio of 32.35, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The company’s fifty day moving average is $108.63 and its two-hundred day moving average is $104.58. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share 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 analysts anticipate that The Walt Disney Company will post 5.47 EPS 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.