Vise Technologies Inc. Increases Stake in The Walt Disney Company (NYSE:DIS)

Vise Technologies Inc. boosted its stake in shares of The Walt Disney Company (NYSE:DIS) by 65.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,541 shares of the entertainment giant’s stock after acquiring an additional 5,335 shares during the quarter. Vise Technologies Inc.’s holdings in Walt Disney were worth $1,508,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Mpwm Advisory Solutions LLC purchased a new position in Walt Disney during the fourth quarter valued at approximately $27,000. FPC Investment Advisory Inc. acquired a new stake in Walt Disney in the fourth quarter valued at approximately $28,000. Tacita Capital Inc grew its holdings in Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after purchasing an additional 124 shares during the period. Pilgrim Partners Asia Pte Ltd acquired a new stake in Walt Disney in the fourth quarter valued at approximately $32,000. Finally, Midwest Capital Advisors LLC acquired a new stake in Walt Disney in the fourth quarter valued at approximately $34,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the sale, the executive vice president now owns 46,831 shares in the company, valued at $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.16% of the stock is currently owned by company insiders.

Walt Disney Stock Performance

Shares of Walt Disney stock opened at $109.73 on Friday. The Walt Disney Company has a one year low of $80.10 and a one year high of $118.63. The company has a market cap of $197.27 billion, a price-to-earnings ratio of 35.74, a PEG ratio of 1.80 and a beta of 1.49. 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 business’s 50 day moving average price is $95.89 and its 200 day moving average price is $105.19.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.24. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The firm had revenue of $23.62 billion for the quarter, compared to the consensus estimate of $23.15 billion. During the same quarter last year, the business posted $1.21 earnings per share. The firm’s revenue was up 7.0% compared to the same quarter last year. On average, research analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Analysts Set New Price Targets

Several analysts have commented on DIS shares. UBS Group raised their price objective on Walt Disney from $105.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, May 8th. Prescient Securities dropped their price objective on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Morgan Stanley raised their price objective on Walt Disney from $110.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, May 8th. Barclays raised their price objective on Walt Disney from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, May 8th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $135.00 price objective on shares of Walt Disney in a report on Monday, February 10th. Six analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $123.54.

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.