Heathbridge Capital Management Ltd. lifted its position in shares of Walt Disney Co (NYSE:DIS) by 7.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 217,600 shares of the entertainment giant’s stock after buying an additional 15,600 shares during the quarter. Walt Disney makes up about 5.6% of Heathbridge Capital Management Ltd.’s holdings, making the stock its 10th largest position. Heathbridge Capital Management Ltd.’s holdings in Walt Disney were worth $21,020,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. WealthTrust Axiom LLC lifted its position in Walt Disney by 0.9% during the 4th quarter. WealthTrust Axiom LLC now owns 7,751 shares of the entertainment giant’s stock worth $1,121,000 after acquiring an additional 70 shares in the last quarter. Botty Investors LLC grew its stake in Walt Disney by 4.8% during the 4th quarter. Botty Investors LLC now owns 1,650 shares of the entertainment giant’s stock worth $240,000 after buying an additional 75 shares during the last quarter. MACRO Consulting Group grew its stake in Walt Disney by 4.3% during the 4th quarter. MACRO Consulting Group now owns 1,877 shares of the entertainment giant’s stock worth $271,000 after buying an additional 77 shares during the last quarter. Cardan Capital Partners LLC grew its stake in Walt Disney by 4.9% during the 4th quarter. Cardan Capital Partners LLC now owns 1,645 shares of the entertainment giant’s stock worth $238,000 after buying an additional 77 shares during the last quarter. Finally, Jackson Hole Capital Partners LLC grew its stake in shares of Walt Disney by 0.3% in the fourth quarter. Jackson Hole Capital Partners LLC now owns 24,340 shares of the entertainment giant’s stock worth $3,520,000 after purchasing an additional 77 shares in the last quarter. Hedge funds and other institutional investors own 63.10% of the company’s stock.
Several analysts have recently weighed in on DIS shares. Cowen upped their price objective on Walt Disney from $154.00 to $159.00 and gave the company an “outperform” rating in a report on Wednesday, February 5th. Citigroup cut their price objective on Walt Disney from $161.00 to $135.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. Credit Suisse Group lowered Walt Disney from an “outperform” rating to a “neutral” rating and set a $116.00 price objective for the company. in a report on Monday, April 20th. TheStreet lowered Walt Disney from a “b-” rating to a “c+” rating in a report on Thursday, March 12th. Finally, Zacks Investment Research lowered Walt Disney from a “buy” rating to a “hold” rating and set a $122.00 price objective for the company. in a report on Wednesday, March 4th. Fourteen research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $126.58.
Shares of Walt Disney stock opened at $118.02 on Friday. The stock has a 50-day moving average price of $104.80 and a 200 day moving average price of $127.09. The company has a market cap of $212.83 billion, a P/E ratio of 39.87, a P/E/G ratio of 11.04 and a beta of 1.08. The company has a current ratio of 0.94, a quick ratio of 0.89 and a debt-to-equity ratio of 0.45. Walt Disney Co has a 1 year low of $79.07 and a 1 year high of $153.41.
Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Tuesday, May 5th. The entertainment giant reported $0.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.23). The business had revenue of $18.01 billion during the quarter, compared to analysts’ expectations of $17.49 billion. Walt Disney had a return on equity of 9.09% and a net margin of 6.88%. The firm’s revenue was up 20.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.61 earnings per share. On average, equities analysts forecast that Walt Disney Co will post 2.09 earnings per share for the current fiscal year.
Walt Disney Profile
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.
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