The Walt Disney Company (NYSE:DIS) Position Increased by TD Private Client Wealth LLC

TD Private Client Wealth LLC raised its holdings in shares of The Walt Disney Company (NYSE:DIS) by 67.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,294 shares of the entertainment giant’s stock after purchasing an additional 8,961 shares during the period. TD Private Client Wealth LLC’s holdings in Walt Disney were worth $2,482,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Truepoint Inc. increased its stake in Walt Disney by 6.6% during the fourth quarter. Truepoint Inc. now owns 2,522 shares of the entertainment giant’s stock valued at $281,000 after purchasing an additional 156 shares during the last quarter. Lowe Brockenbrough & Co. Inc. grew its position in shares of Walt Disney by 1.1% during the fourth quarter. Lowe Brockenbrough & Co. Inc. now owns 14,204 shares of the entertainment giant’s stock worth $1,589,000 after acquiring an additional 154 shares during the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in shares of Walt Disney by 3.7% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 170,264 shares of the entertainment giant’s stock worth $18,959,000 after acquiring an additional 6,153 shares during the last quarter. Monetta Financial Services Inc. grew its position in shares of Walt Disney by 60.9% during the fourth quarter. Monetta Financial Services Inc. now owns 18,500 shares of the entertainment giant’s stock worth $2,060,000 after acquiring an additional 7,000 shares during the last quarter. Finally, Whittier Trust Co. grew its position in shares of Walt Disney by 0.7% during the fourth quarter. Whittier Trust Co. now owns 331,447 shares of the entertainment giant’s stock worth $36,906,000 after acquiring an additional 2,254 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

DIS stock opened at $99.51 on Friday. 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 Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The firm has a market capitalization of $179.89 billion, a PE ratio of 32.41, a P/E/G ratio of 1.80 and a beta of 1.41. The firm has a 50-day moving average of $108.04 and a two-hundred day moving average of $104.58.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 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%. On average, analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on DIS. The Goldman Sachs Group upped their price target 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. Morgan Stanley upped their price target 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. Citigroup restated a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research report on Wednesday, January 22nd. Macquarie reiterated a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Finally, Jefferies Financial Group began coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They issued a “hold” rating and a $120.00 target price for the company. Six investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $125.64.

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.