Plancorp LLC Boosts Stock Position in The Walt Disney Company (NYSE:DIS)

Plancorp LLC boosted its holdings in The Walt Disney Company (NYSE:DIS) by 7.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,553 shares of the entertainment giant’s stock after buying an additional 469 shares during the quarter. Plancorp LLC’s holdings in Walt Disney were worth $730,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of DIS. FPC Investment Advisory Inc. purchased a new position in Walt Disney in the fourth quarter valued at $28,000. Tacita Capital Inc increased its holdings in Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after buying an additional 124 shares during the last quarter. Midwest Capital Advisors LLC purchased a new position in Walt Disney in the fourth quarter valued at $34,000. Bay Harbor Wealth Management LLC purchased a new position in Walt Disney in the fourth quarter valued at $35,000. Finally, Vision Financial Markets LLC acquired a new position in Walt Disney in the fourth quarter valued at $39,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $99.51 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The company has a market cap of $179.89 billion, a P/E ratio of 32.41, a PEG ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The company has a 50-day moving average price of $108.04 and a 200 day moving average price of $104.58.

Walt Disney (NYSE:DIS) last announced 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 net margin of 6.07% and a return on equity of 9.95%. Research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Jefferies Financial Group assumed coverage on shares of Walt Disney in a research note on Wednesday, December 4th. They issued a “hold” rating and a $120.00 price objective for the company. Rosenblatt Securities restated a “buy” rating and issued a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. Prescient Securities decreased their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Needham & Company LLC restated a “buy” rating and issued a $130.00 price objective on shares of Walt Disney in a research note on Wednesday, February 5th. Finally, Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and upped their price objective for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. 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 MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus 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.