WealthTrust Axiom LLC Has $734,000 Position in The Walt Disney Company (NYSE:DIS)

WealthTrust Axiom LLC grew its position in The Walt Disney Company (NYSE:DIS) by 3.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,595 shares of the entertainment giant’s stock after purchasing an additional 250 shares during the period. WealthTrust Axiom LLC’s holdings in Walt Disney were worth $734,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DIS. Geode Capital Management LLC lifted its holdings in Walt Disney by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 38,482,309 shares of the entertainment giant’s stock worth $4,272,590,000 after acquiring an additional 809,989 shares in the last quarter. Norges Bank acquired a new stake in shares of Walt Disney during the fourth quarter worth about $2,415,427,000. Jennison Associates LLC lifted its holdings in shares of Walt Disney by 23.4% during the 4th quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant’s stock valued at $2,137,637,000 after purchasing an additional 3,636,742 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Walt Disney by 15.5% in the 4th quarter. Bank of New York Mellon Corp now owns 17,104,295 shares of the entertainment giant’s stock valued at $1,904,563,000 after purchasing an additional 2,300,912 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in Walt Disney by 75.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 10,858,108 shares of the entertainment giant’s stock worth $1,209,050,000 after purchasing an additional 4,680,930 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Walt Disney Stock Down 0.4 %

Shares of DIS stock opened at $84.92 on Friday. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $118.63. 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 stock has a market cap of $153.52 billion, a price-to-earnings ratio of 27.66, a PEG ratio of 1.80 and a beta of 1.44. The firm’s 50-day moving average is $101.83 and its 200-day moving average is $104.75.

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

Wall Street Analyst Weigh In

DIS has been the topic of a number of research reports. Prescient Securities cut their price target on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Macquarie reaffirmed a “neutral” rating and issued a $110.00 price objective on shares of Walt Disney in a research report on Monday, January 6th. Rosenblatt Securities reiterated a “buy” rating and set a $135.00 target price on shares of Walt Disney in a report on Monday, February 10th. Citigroup restated a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a report on Wednesday, January 22nd. Finally, Loop Capital upped their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th. Six equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average 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.