H&H Retirement Design & Management INC Boosts Holdings in The Walt Disney Company (NYSE:DIS)

H&H Retirement Design & Management INC raised its stake in shares of The Walt Disney Company (NYSE:DIS) by 11.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,007 shares of the entertainment giant’s stock after purchasing an additional 631 shares during the period. H&H Retirement Design & Management INC’s holdings in Walt Disney were worth $653,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Hall Capital Management Co. Inc. purchased a new stake in shares of Walt Disney during the fourth quarter worth approximately $410,000. Ameriflex Group Inc. purchased a new stake in shares of Walt Disney during the fourth quarter worth approximately $233,000. Challenger Wealth Management purchased a new stake in shares of Walt Disney during the fourth quarter worth approximately $262,000. Ascent Group LLC increased its position in shares of Walt Disney by 7.2% during the fourth quarter. Ascent Group LLC now owns 30,766 shares of the entertainment giant’s stock worth $3,426,000 after purchasing an additional 2,055 shares in the last quarter. Finally, Putney Financial Group LLC purchased a new stake in shares of Walt Disney during the fourth quarter worth approximately $427,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the sale, the executive vice president now directly owns 46,831 shares in the company, valued at $5,190,748.04. This trade represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.16% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. The Goldman Sachs Group raised their price target on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research note on Tuesday, February 4th. Guggenheim decreased their price target on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, May 8th. UBS Group raised their price target on shares of Walt Disney from $105.00 to $120.00 and gave the stock a “buy” rating in a research note on Thursday, May 8th. Rosenblatt Securities reissued a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research note on Monday, February 10th. Finally, Barclays raised their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, May 8th. Six equities research 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 company has a consensus rating of “Moderate Buy” and an average price target of $123.54.

Walt Disney Price Performance

Shares of DIS stock opened at $109.73 on Friday. 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 firm’s 50-day moving average is $95.89 and its two-hundred day moving average is $105.25. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $118.63. The company has a market capitalization of $197.27 billion, a PE ratio of 35.74, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.21 by $0.24. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The business had revenue of $23.62 billion during the quarter, compared to analysts’ expectations of $23.15 billion. During the same period last year, the business earned $1.21 earnings per share. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. Analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney 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.