Banco de Sabadell S.A Purchases 181 Shares of The Walt Disney Company (NYSE:DIS)

Banco de Sabadell S.A boosted its position in shares of The Walt Disney Company (NYSE:DIS) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,209 shares of the entertainment giant’s stock after buying an additional 181 shares during the period. Banco de Sabadell S.A’s holdings in Walt Disney were worth $1,688,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the company. FPC Investment Advisory Inc. bought a new position in shares of Walt Disney during the 4th quarter valued at approximately $28,000. Tacita Capital Inc raised its stake in Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after purchasing an additional 124 shares in the last quarter. Midwest Capital Advisors LLC purchased a new stake in Walt Disney during the fourth quarter valued at $34,000. Bay Harbor Wealth Management LLC bought a new position in Walt Disney during the fourth quarter valued at $35,000. Finally, Vision Financial Markets LLC purchased a new position in shares of Walt Disney in the 4th quarter worth $39,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

DIS stock opened at $99.51 on Friday. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The business has a 50-day moving average price of $108.04 and a 200 day moving average price of $104.67. The company has a market capitalization of $179.89 billion, a P/E ratio of 32.41, a PEG ratio of 1.80 and a beta of 1.41. 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 posted its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. As a group, equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on DIS shares. Prescient Securities lowered their price target on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, February 4th. The Goldman Sachs Group raised their price objective on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research note on Tuesday, February 4th. Loop Capital lifted their target price on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Jefferies Financial Group began coverage on Walt Disney in a report on Wednesday, December 4th. They set a “hold” rating and a $120.00 price target on the stock. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. Six equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $125.64.

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.