North Star Investment Management Corp. Has $2.04 Million Stake in The Walt Disney Company (NYSE:DIS)

North Star Investment Management Corp. grew its position in The Walt Disney Company (NYSE:DIS) by 24.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,674 shares of the entertainment giant’s stock after purchasing an additional 4,116 shares during the quarter. North Star Investment Management Corp.’s holdings in Walt Disney were worth $2,040,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of DIS. Pathway Financial Advisors LLC lifted its position in Walt Disney by 2.7% during the 4th quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant’s stock valued at $386,000 after purchasing an additional 92 shares during the period. Prossimo Advisors LLC increased its holdings in shares of Walt Disney by 1.1% in the fourth quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant’s stock worth $972,000 after acquiring an additional 92 shares in the last quarter. Onefund LLC raised its holdings in Walt Disney by 2.0% during the 4th quarter. Onefund LLC now owns 4,856 shares of the entertainment giant’s stock worth $541,000 after buying an additional 93 shares during the period. Boston Financial Mangement LLC lifted its position in Walt Disney by 1.5% in the 4th quarter. Boston Financial Mangement LLC now owns 6,287 shares of the entertainment giant’s stock valued at $700,000 after acquiring an additional 94 shares in the last quarter. Finally, GPM Growth Investors Inc. boosted its position in shares of Walt Disney by 4.3% during the fourth quarter. GPM Growth Investors Inc. now owns 2,342 shares of the entertainment giant’s stock worth $261,000 after buying an additional 96 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Performance

Shares of DIS stock opened at $117.85 on Friday. The company’s fifty day moving average price is $101.58 and its 200-day moving average price is $105.85. The stock has a market cap of $211.86 billion, a PE ratio of 38.39, a price-to-earnings-growth ratio of 1.80 and a beta of 1.54. 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 12 month low of $80.10 and a 12 month high of $120.50.

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

Analysts Set New Price Targets

DIS has been the topic of a number of recent research reports. Morgan Stanley lifted their target price on Walt Disney from $110.00 to $120.00 and gave the company an “overweight” rating in a research report on Thursday, May 8th. Loop Capital upped their price objective on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, June 10th. Rosenblatt Securities boosted their price target on Walt Disney from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Tuesday, June 3rd. Wolfe Research raised shares of Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 target price on the stock in a report on Monday, April 21st. Finally, Barclays boosted their price target on Walt Disney from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Thursday, May 8th. Six equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and an average price target of $123.96.

Insider Transactions at Walt Disney

In related news, EVP Brent Woodford sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the transaction, the executive vice president now owns 46,831 shares of the company’s stock, valued at $5,190,748.04. This trade represents a 2.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.16% of the company’s stock.

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.