Annandale Capital LLC Increases Stock Position in The Walt Disney Company (NYSE:DIS)

Annandale Capital LLC boosted its holdings in The Walt Disney Company (NYSE:DIS) by 109.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,793 shares of the entertainment giant’s stock after purchasing an additional 35,501 shares during the quarter. Walt Disney comprises 1.2% of Annandale Capital LLC’s investment portfolio, making the stock its 16th largest holding. Annandale Capital LLC’s holdings in Walt Disney were worth $7,549,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. United Bank lifted its holdings in Walt Disney by 6.2% in the 3rd quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock valued at $1,168,000 after purchasing an additional 712 shares in the last quarter. Morse Asset Management Inc lifted its stake in shares of Walt Disney by 17.5% during the third quarter. Morse Asset Management Inc now owns 21,366 shares of the entertainment giant’s stock valued at $2,055,000 after buying an additional 3,185 shares during the period. Quarry LP boosted its position in Walt Disney by 151.8% during the third quarter. Quarry LP now owns 5,326 shares of the entertainment giant’s stock worth $512,000 after acquiring an additional 3,211 shares during the last quarter. Quantinno Capital Management LP grew its stake in Walt Disney by 41.9% in the 3rd quarter. Quantinno Capital Management LP now owns 119,027 shares of the entertainment giant’s stock worth $11,449,000 after acquiring an additional 35,133 shares during the period. Finally, Texas Capital Bank Wealth Management Services Inc raised its holdings in Walt Disney by 15.5% in the 3rd quarter. Texas Capital Bank Wealth Management Services Inc now owns 7,403 shares of the entertainment giant’s stock valued at $712,000 after acquiring an additional 992 shares during the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on DIS shares. Citigroup restated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. Needham & Company LLC reissued a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a research note on Wednesday, February 5th. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and lifted their price target for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. The Goldman Sachs Group increased their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Finally, Loop Capital boosted their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Six research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $125.33.

Walt Disney Stock Down 6.0 %

Shares of NYSE:DIS opened at $83.52 on Friday. The company has a market capitalization of $150.99 billion, a price-to-earnings ratio of 27.21, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The company has a 50 day moving average of $105.68 and a two-hundred day moving average of $105.11. The Walt Disney Company has a 52-week low of $83.08 and a 52-week high of $118.86. 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 released its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share 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%. As a group, analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

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.