Aire Advisors LLC Increases Stock Holdings in The Walt Disney Company (NYSE:DIS)

Aire Advisors LLC raised its holdings in The Walt Disney Company (NYSE:DIS) by 1.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,843 shares of the entertainment giant’s stock after purchasing an additional 128 shares during the period. Aire Advisors LLC’s holdings in Walt Disney were worth $762,000 as of its most recent SEC filing.

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

Walt Disney Price Performance

NYSE:DIS opened at $100.24 on Tuesday. 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 stock has a market cap of $181.21 billion, a P/E ratio of 32.65, a PEG ratio of 1.80 and a beta of 1.41. The company has a fifty day moving average price of $107.89 and a 200 day moving average price of $104.86. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74.

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

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on DIS shares. Needham & Company LLC restated a “buy” rating and set a $130.00 price objective on shares of Walt Disney in a research note on Wednesday, February 5th. Citigroup reaffirmed a “buy” rating and set a $125.00 price target on shares of Walt Disney in a report on Wednesday, January 22nd. Loop Capital lifted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, March 4th. Rosenblatt Securities reaffirmed a “buy” rating and set a $135.00 target price on shares of Walt Disney in a research report on Monday, February 10th. Finally, Prescient Securities decreased their price objective on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. Six investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Walt Disney presently has an average rating of “Moderate Buy” and a consensus 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.