Florida Financial Advisors LLC Buys 1,055 Shares of The Walt Disney Company (NYSE:DIS)

Florida Financial Advisors LLC boosted its stake in The Walt Disney Company (NYSE:DIS) by 46.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,317 shares of the entertainment giant’s stock after purchasing an additional 1,055 shares during the period. Florida Financial Advisors LLC’s holdings in Walt Disney were worth $357,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DIS. FPC Investment Advisory Inc. purchased a new position in shares of Walt Disney in the fourth quarter worth $28,000. Tacita Capital Inc grew its holdings in Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after acquiring an additional 124 shares during the last quarter. Midwest Capital Advisors LLC purchased a new position in shares of Walt Disney in the fourth quarter valued at about $34,000. Bay Harbor Wealth Management LLC bought a new position in shares of Walt Disney during the fourth quarter valued at about $35,000. Finally, Vision Financial Markets LLC purchased a new stake in shares of Walt Disney during the fourth quarter worth about $39,000. Institutional investors own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the company. Loop Capital boosted their price target on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Rosenblatt Securities reissued a “buy” rating and set a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Citigroup reaffirmed a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Macquarie reissued a “neutral” rating and set a $110.00 price objective on shares of Walt Disney in a research report on Monday, January 6th. Finally, Jefferies Financial Group began coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They issued a “hold” rating and a $120.00 target price for the company. Six research 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’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney Stock Performance

Shares of DIS stock opened at $101.61 on Wednesday. The company has a market capitalization of $183.69 billion, a price-to-earnings ratio of 33.10, 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 one year low of $83.91 and a one year high of $123.74. The company’s 50-day moving average is $107.76 and its 200 day moving average is $104.95.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS 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%. Sell-side analysts expect that The Walt Disney Company will post 5.47 EPS 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.