Polymer Capital Management US LLC Takes $380,000 Position in The Walt Disney Company (NYSE:DIS)

Polymer Capital Management US LLC acquired a new position in The Walt Disney Company (NYSE:DIS) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 3,411 shares of the entertainment giant’s stock, valued at approximately $380,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wellspring Financial Advisors LLC increased its stake in shares of Walt Disney by 12.0% in the fourth quarter. Wellspring Financial Advisors LLC now owns 2,567 shares of the entertainment giant’s stock worth $286,000 after acquiring an additional 276 shares during the last quarter. Trek Financial LLC increased its position in Walt Disney by 479.9% in the 4th quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant’s stock worth $4,044,000 after purchasing an additional 30,057 shares during the last quarter. Westwood Wealth Management purchased a new stake in shares of Walt Disney during the 4th quarter worth about $203,000. Waterloo Capital L.P. raised its stake in shares of Walt Disney by 3.2% during the 4th quarter. Waterloo Capital L.P. now owns 3,138 shares of the entertainment giant’s stock worth $349,000 after purchasing an additional 97 shares in the last quarter. Finally, Titleist Asset Management LLC lifted its holdings in shares of Walt Disney by 3.1% during the 4th quarter. Titleist Asset Management LLC now owns 7,397 shares of the entertainment giant’s stock valued at $824,000 after buying an additional 224 shares during the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Stock Performance

Shares of Walt Disney stock opened at $83.23 on Tuesday. The company has a market cap of $150.46 billion, a P/E ratio of 27.11, a PEG ratio of 1.80 and a beta of 1.44. 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 business has a 50-day moving average price of $105.08 and a two-hundred day moving average price of $105.21. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $118.63.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating 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%. As a group, analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Morgan Stanley increased their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Loop Capital increased their price objective on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Rosenblatt Securities restated a “buy” rating and issued a $135.00 target price on shares of Walt Disney in a report on Monday, February 10th. The Goldman Sachs Group increased their price target on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Finally, Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Six analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and a consensus price target of $125.33.

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.