Florida Financial Advisors LLC Buys 1,055 Shares of The Walt Disney Company (NYSE:DIS)

Florida Financial Advisors LLC boosted its stake in shares of The Walt Disney Company (NYSE:DIS) by 46.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,317 shares of the entertainment giant’s stock after purchasing an additional 1,055 shares during the period. Florida Financial Advisors LLC’s holdings in Walt Disney were worth $357,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in DIS. Farmers Trust Co. lifted its holdings in Walt Disney by 1.1% in the fourth quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant’s stock valued at $945,000 after acquiring an additional 92 shares during the period. Pathway Financial Advisors LLC lifted its stake in shares of Walt Disney by 2.7% in 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 boosted its holdings in Walt Disney by 1.1% during the fourth quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant’s stock worth $972,000 after buying an additional 92 shares in the last quarter. Saxon Interests Inc. grew its position in Walt Disney by 2.8% during the fourth quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant’s stock valued at $380,000 after buying an additional 93 shares during the period. Finally, Onefund LLC increased its holdings in Walt Disney by 2.0% in the fourth quarter. Onefund LLC now owns 4,856 shares of the entertainment giant’s stock valued at $541,000 after buying an additional 93 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

NYSE:DIS opened at $101.61 on Wednesday. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The stock’s fifty day moving average is $107.76 and its two-hundred day moving average is $104.95. The company has a market capitalization of $183.69 billion, a P/E ratio of 33.10, a P/E/G ratio of 1.80 and a beta of 1.41. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

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

Analysts Set New Price Targets

A number of research firms recently weighed in on DIS. The Goldman Sachs Group upped their price target on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Needham & Company LLC reiterated a “buy” rating and set a $130.00 target price on shares of Walt Disney in a research report on Wednesday, February 5th. Morgan Stanley boosted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Citigroup reaffirmed a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. Finally, Prescient Securities cut their target price 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. Six research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and an average 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.