Enhancing Capital LLC Invests $1.11 Million in The Walt Disney Company (NYSE:DIS)

Enhancing Capital LLC purchased a new position in The Walt Disney Company (NYSE:DIS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,000 shares of the entertainment giant’s stock, valued at approximately $1,114,000.

Several other institutional investors and hedge funds also recently modified their holdings of DIS. United Bank grew its stake in shares of Walt Disney by 6.2% in the third quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock worth $1,168,000 after purchasing an additional 712 shares in the last quarter. Clarkston Capital Partners LLC lifted its holdings in shares of Walt Disney by 2.0% in the third quarter. Clarkston Capital Partners LLC now owns 238,974 shares of the entertainment giant’s stock valued at $22,987,000 after buying an additional 4,788 shares during the period. Prudent Man Advisors LLC lifted its holdings in shares of Walt Disney by 73.4% in the third quarter. Prudent Man Advisors LLC now owns 8,968 shares of the entertainment giant’s stock valued at $863,000 after buying an additional 3,797 shares during the period. Aljian Capital Management LLC acquired a new stake in shares of Walt Disney in the third quarter valued at $1,228,000. Finally, Quest Partners LLC lifted its holdings in shares of Walt Disney by 198.6% in the third quarter. Quest Partners LLC now owns 10,916 shares of the entertainment giant’s stock valued at $1,050,000 after buying an additional 7,260 shares during the period. Institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Up 0.8 %

Shares of NYSE:DIS opened at $99.43 on Tuesday. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74. The firm has a fifty day moving average price of $108.87 and a 200 day moving average price of $104.52. 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 stock has a market capitalization of $179.74 billion, a PE ratio of 32.39, a P/E/G ratio of 1.80 and a beta of 1.41.

Walt Disney (NYSE:DIS) last issued 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 return on equity of 9.95% and a net margin of 6.07%. Analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently weighed in on DIS shares. Morgan Stanley upped their price objective on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. The Goldman Sachs Group upped their target price on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and increased their price target for the company from $100.00 to $147.00 in a research report on Tuesday, January 7th. Evercore ISI boosted their price objective on Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Finally, Prescient Securities decreased their target price 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. Six equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $125.64.

Walt Disney 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.