SageView Advisory Group LLC Grows Stock Position in The Walt Disney Company (NYSE:DIS)

SageView Advisory Group LLC boosted its position in The Walt Disney Company (NYSE:DIS) by 18.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,882 shares of the entertainment giant’s stock after buying an additional 4,910 shares during the period. SageView Advisory Group LLC’s holdings in Walt Disney were worth $3,550,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of DIS. Morse Asset Management Inc lifted its position in Walt Disney by 17.5% in the third quarter. Morse Asset Management Inc now owns 21,366 shares of the entertainment giant’s stock valued at $2,055,000 after purchasing an additional 3,185 shares during the period. Te Ahumairangi Investment Management Ltd raised its stake in shares of Walt Disney by 28.3% during the 3rd quarter. Te Ahumairangi Investment Management Ltd now owns 37,123 shares of the entertainment giant’s stock worth $3,551,000 after buying an additional 8,180 shares in the last quarter. Saratoga Research & Investment Management lifted its holdings in shares of Walt Disney by 18.8% in the 3rd quarter. Saratoga Research & Investment Management now owns 1,536,008 shares of the entertainment giant’s stock valued at $147,749,000 after buying an additional 242,675 shares during the period. Eaton Financial Holdings Company LLC purchased a new stake in shares of Walt Disney in the third quarter valued at approximately $660,000. Finally, Boyar Asset Management Inc. grew its holdings in Walt Disney by 1.7% during the third quarter. Boyar Asset Management Inc. now owns 33,280 shares of the entertainment giant’s stock worth $3,201,000 after acquiring an additional 551 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Price Performance

DIS stock opened at $84.92 on Friday. The stock has a market capitalization of $153.52 billion, a price-to-earnings ratio of 27.66, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The stock’s fifty day simple moving average is $101.83 and its 200-day simple moving average is $104.75. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $118.63. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last issued 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 return on equity of 9.95% and a net margin of 6.07%. Equities research analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Needham & Company LLC restated a “buy” rating and set a $130.00 target price on shares of Walt Disney in a research report on Wednesday, February 5th. Loop Capital upped their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th. Morgan Stanley boosted their price target on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and raised their price objective for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Finally, Macquarie reaffirmed a “neutral” rating and set a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Six analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus price target of $125.13.

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.