Koss Olinger Consulting LLC Buys 1,797 Shares of The Walt Disney Company (NYSE:DIS)

Koss Olinger Consulting LLC raised its stake in shares of The Walt Disney Company (NYSE:DIS) by 7.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 24,590 shares of the entertainment giant’s stock after purchasing an additional 1,797 shares during the period. Koss Olinger Consulting LLC’s holdings in Walt Disney were worth $2,738,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of DIS. United Bank raised its position in Walt Disney by 6.2% during the 3rd quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock worth $1,168,000 after purchasing an additional 712 shares during the last quarter. Quest Partners LLC raised its position in shares of Walt Disney by 198.6% in the 3rd quarter. Quest Partners LLC now owns 10,916 shares of the entertainment giant’s stock worth $1,050,000 after acquiring an additional 7,260 shares in the last quarter. Baron Wealth Management LLC raised its position in shares of Walt Disney by 2.9% in the 3rd quarter. Baron Wealth Management LLC now owns 4,149 shares of the entertainment giant’s stock worth $399,000 after acquiring an additional 117 shares in the last quarter. Aviance Capital Partners LLC raised its position in shares of Walt Disney by 0.6% in the 3rd quarter. Aviance Capital Partners LLC now owns 33,380 shares of the entertainment giant’s stock worth $3,211,000 after acquiring an additional 210 shares in the last quarter. Finally, Pathstone Holdings LLC raised its position in shares of Walt Disney by 17.2% in the 3rd quarter. Pathstone Holdings LLC now owns 1,357,829 shares of the entertainment giant’s stock worth $130,610,000 after acquiring an additional 199,570 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on DIS shares. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Morgan Stanley lifted their price objective on Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Needham & Company LLC reissued a “buy” rating and issued a $130.00 price objective on shares of Walt Disney in a research report on Wednesday, February 5th. Jefferies Financial Group initiated coverage on Walt Disney in a research report on Wednesday, December 4th. They issued a “hold” rating and a $120.00 price objective for the company. Finally, Prescient Securities decreased their target price on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. Six equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $125.64.

Walt Disney Price Performance

DIS stock opened at $99.33 on Wednesday. The company has a market capitalization of $179.56 billion, a P/E ratio of 32.35, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. The business has a 50-day simple moving average of $108.63 and a two-hundred day simple moving average of $104.58.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share 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%. Research analysts expect that The Walt Disney Company will post 5.47 EPS 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.