Bristol Advisors LLC acquired a new position in shares of Walt Disney Co (NYSE:DIS) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 18,700 shares of the entertainment giant’s stock, valued at approximately $2,010,000. Walt Disney comprises about 1.3% of Bristol Advisors LLC’s investment portfolio, making the stock its 18th largest position.
A number of other institutional investors have also modified their holdings of the business. Lathrop Investment Management Corp lifted its stake in shares of Walt Disney by 0.4% in the 4th quarter. Lathrop Investment Management Corp now owns 120,791 shares of the entertainment giant’s stock worth $12,986,000 after acquiring an additional 515 shares during the period. First PREMIER Bank lifted its stake in shares of Walt Disney by 28.0% in the 4th quarter. First PREMIER Bank now owns 6,747 shares of the entertainment giant’s stock worth $725,000 after acquiring an additional 1,474 shares during the period. Sawyer & Company Inc acquired a new stake in shares of Walt Disney in the 4th quarter worth $1,469,000. Rockland Trust Co. lifted its stake in shares of Walt Disney by 4.2% in the 4th quarter. Rockland Trust Co. now owns 73,463 shares of the entertainment giant’s stock worth $7,898,000 after acquiring an additional 2,953 shares during the period. Finally, North Star Investment Management Corp. lifted its stake in shares of Walt Disney by 2.5% in the 4th quarter. North Star Investment Management Corp. now owns 33,369 shares of the entertainment giant’s stock worth $3,587,000 after acquiring an additional 800 shares during the period. 61.23% of the stock is currently owned by institutional investors.
Walt Disney Co (NYSE:DIS) opened at $107.25 on Friday. The company has a current ratio of 0.87, a quick ratio of 0.80 and a debt-to-equity ratio of 0.43. The stock has a market cap of $161,270.00, a PE ratio of 18.52, a price-to-earnings-growth ratio of 1.79 and a beta of 1.30. Walt Disney Co has a 52-week low of $96.20 and a 52-week high of $116.10.
Walt Disney (NYSE:DIS) last announced its earnings results on Tuesday, February 6th. The entertainment giant reported $1.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.61 by $0.28. The company had revenue of $15.35 billion during the quarter, compared to analysts’ expectations of $15.47 billion. Walt Disney had a net margin of 19.61% and a return on equity of 20.44%. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.55 earnings per share. equities analysts expect that Walt Disney Co will post 6.95 EPS for the current year.
Several analysts have recently commented on the stock. Rosenblatt Securities upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and raised their target price for the stock from $115.00 to $130.00 in a research note on Wednesday, January 3rd. Vetr cut shares of Walt Disney from a “buy” rating to a “hold” rating and set a $113.39 target price for the company. in a research note on Wednesday, January 3rd. Royal Bank of Canada raised their target price on shares of Walt Disney to $135.00 and gave the stock a “top pick” rating in a research note on Wednesday, January 3rd. B. Riley restated a “hold” rating and issued a $122.00 target price on shares of Walt Disney in a research note on Monday, January 29th. Finally, Zacks Investment Research cut shares of Walt Disney from a “hold” rating to a “sell” rating in a research note on Tuesday, December 19th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Walt Disney currently has an average rating of “Buy” and a consensus target price of $118.59.
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About Walt Disney
The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.
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