10,000 Shares in The Walt Disney Company (NYSE:DIS) Bought by Enhancing Capital LLC

Enhancing Capital LLC purchased a new position in shares of The Walt Disney Company (NYSE:DIS) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 10,000 shares of the entertainment giant’s stock, valued at approximately $1,114,000.

Other hedge funds have also recently modified their holdings of the company. Xponance Inc. raised its stake in shares of Walt Disney by 1.8% during the 4th quarter. Xponance Inc. now owns 270,252 shares of the entertainment giant’s stock worth $30,093,000 after buying an additional 4,851 shares during the last quarter. Boston Partners acquired a new position in shares of Walt Disney during the 4th quarter worth $350,707,000. Generali Asset Management SPA SGR acquired a new position in shares of Walt Disney during the 4th quarter worth $22,148,000. Horizon Investments LLC raised its stake in shares of Walt Disney by 2.4% during the 4th quarter. Horizon Investments LLC now owns 37,895 shares of the entertainment giant’s stock worth $4,220,000 after buying an additional 905 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its stake in shares of Walt Disney by 2.0% during the 4th quarter. Advisors Asset Management Inc. now owns 29,980 shares of the entertainment giant’s stock worth $3,338,000 after buying an additional 596 shares during the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Loop Capital lifted their price target on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, March 4th. Jefferies Financial Group assumed coverage on Walt Disney in a research report on Wednesday, December 4th. They set a “hold” rating and a $120.00 price objective for the company. Evercore ISI lifted their price objective on Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. Needham & Company LLC reiterated a “buy” rating and set a $130.00 price objective on shares of Walt Disney in a research report on Wednesday, February 5th. Finally, The Goldman Sachs Group lifted their price objective on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Six research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney Price Performance

Shares of DIS opened at $99.43 on Tuesday. The company has a market cap of $179.74 billion, a P/E ratio of 32.39, a PEG ratio of 1.80 and a beta of 1.41. The stock has a fifty day moving average price of $108.87 and a 200 day moving average price of $104.52. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74.

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