Founders Financial Alliance LLC Has $821,000 Holdings in The Walt Disney Company (NYSE:DIS)

Founders Financial Alliance LLC increased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 2.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,372 shares of the entertainment giant’s stock after buying an additional 144 shares during the quarter. Founders Financial Alliance LLC’s holdings in Walt Disney were worth $821,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. FPC Investment Advisory Inc. bought a new position in Walt Disney during the 4th quarter worth about $28,000. Tacita Capital Inc increased its holdings in Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after purchasing an additional 124 shares in the last quarter. Midwest Capital Advisors LLC bought a new position in Walt Disney during the 4th quarter worth about $34,000. Bay Harbor Wealth Management LLC bought a new position in Walt Disney during the 4th quarter worth about $35,000. Finally, Vision Financial Markets LLC bought a new position in Walt Disney during the 4th quarter worth about $39,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insider Activity

In other news, EVP Brent Woodford sold 8,000 shares of Walt Disney stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total value of $917,920.00. Following the completion of the sale, the executive vice president now directly owns 44,055 shares in the company, valued at approximately $5,054,870.70. The trade was a 15.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.16% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have issued reports on DIS shares. Rosenblatt Securities reiterated a “buy” rating and set a $135.00 target price on shares of Walt Disney in a report on Monday, February 10th. Deutsche Bank Aktiengesellschaft raised their price objective on Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a report on Friday, November 15th. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and raised their price objective for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. The Goldman Sachs Group raised their price objective on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Finally, Evercore ISI raised their price objective on Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Six 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 MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney Stock Down 2.2 %

NYSE DIS opened at $103.14 on Tuesday. 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 Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The company has a 50 day moving average of $110.15 and a 200-day moving average of $104.24. The company has a market cap of $186.46 billion, a price-to-earnings ratio of 33.60, a PEG ratio of 1.80 and a beta of 1.41.

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%. On average, equities research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

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.