2,164 Shares in The Walt Disney Company (NYSE:DIS) Purchased by Pennington Partners & CO. LLC

Pennington Partners & CO. LLC acquired a new stake in shares of The Walt Disney Company (NYSE:DIS) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,164 shares of the entertainment giant’s stock, valued at approximately $242,000.

A number of other institutional investors and hedge funds have also bought and sold shares of DIS. Norges Bank bought a new position in Walt Disney in the 4th quarter valued at approximately $2,415,427,000. Arrowstreet Capital Limited Partnership raised its stake in shares of Walt Disney by 75.8% in the fourth 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 during the last quarter. Jennison Associates LLC raised its stake in shares of Walt Disney by 23.4% in the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant’s stock worth $2,137,637,000 after purchasing an additional 3,636,742 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Walt Disney during the fourth quarter valued at $358,151,000. Finally, Boston Partners purchased a new stake in shares of Walt Disney during the fourth quarter valued at $350,707,000. 65.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Wolfe Research raised Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 target price for the company in a research report on Monday, April 21st. Citigroup reissued a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. Prescient Securities lowered their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. The Goldman Sachs Group lifted their target price on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Finally, UBS Group lowered their price target on Walt Disney from $130.00 to $105.00 and set a “buy” rating on the stock in a report on Tuesday, April 15th. Six research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and a consensus price target of $123.75.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $90.84 on Friday. The company has a market capitalization of $164.22 billion, a P/E ratio of 29.59, a P/E/G ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $118.63. The firm’s 50 day simple moving average is $95.44 and its two-hundred day simple moving average is $104.02. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.

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

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.