RFG Bristol Wealth Advisors LLC Buys Shares of 5,031 The Walt Disney Company (NYSE:DIS)

RFG Bristol Wealth Advisors LLC purchased a new position in shares of The Walt Disney Company (NYSE:DIS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,031 shares of the entertainment giant’s stock, valued at approximately $560,000.

Other large investors have also made changes to their positions in the company. FPC Investment Advisory Inc. purchased a new position in Walt Disney in the fourth quarter valued at about $28,000. Tacita Capital Inc grew its holdings in shares of Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after acquiring an additional 124 shares during the period. Midwest Capital Advisors LLC purchased a new position in Walt Disney in the 4th quarter valued at approximately $34,000. Bay Harbor Wealth Management LLC acquired a new position in Walt Disney during the fourth quarter worth $35,000. Finally, Vision Financial Markets LLC purchased a new stake in Walt Disney during the fourth quarter worth $39,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of NYSE:DIS opened at $97.63 on Wednesday. The business has a 50-day moving average of $106.92 and a two-hundred day moving average of $105.32. The firm has a market capitalization of $176.49 billion, a PE ratio of 31.80, a P/E/G ratio of 1.80 and a beta of 1.41. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.69.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. As a group, research analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on DIS shares. Needham & Company LLC restated a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a research report on Wednesday, February 5th. Rosenblatt Securities restated a “buy” rating and set a $135.00 target price on shares of Walt Disney in a research report on Monday, February 10th. Citigroup reiterated a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research report on Wednesday, January 22nd. The Goldman Sachs Group lifted their price objective on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Finally, Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and increased their target price for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Six analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $125.33.

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.