Madison Wealth Partners Inc Invests $201,000 in The Walt Disney Company (NYSE:DIS)

Madison Wealth Partners Inc purchased a new position in The Walt Disney Company (NYSE:DIS) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,805 shares of the entertainment giant’s stock, valued at approximately $201,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. DecisionMap Wealth Management LLC purchased a new position in Walt Disney during the 4th quarter worth $768,000. CFO4Life Group LLC increased its holdings in Walt Disney by 126.8% during the 4th quarter. CFO4Life Group LLC now owns 8,047 shares of the entertainment giant’s stock worth $896,000 after purchasing an additional 4,499 shares during the period. Tillman Hartley LLC purchased a new position in Walt Disney during the 4th quarter worth $223,000. Erste Asset Management GmbH increased its holdings in Walt Disney by 6.7% during the 4th quarter. Erste Asset Management GmbH now owns 231,958 shares of the entertainment giant’s stock worth $25,962,000 after purchasing an additional 14,467 shares during the period. Finally, Tredje AP fonden purchased a new position in Walt Disney during the 4th quarter worth $28,951,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $100.00 to $147.00 in a report on Tuesday, January 7th. TD Cowen lifted their price target on Walt Disney from $108.00 to $123.00 and gave the company a “hold” rating in a report on Friday, November 15th. Deutsche Bank Aktiengesellschaft lifted their price target on Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a report on Friday, November 15th. Bank of America lifted their price target on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Macquarie reiterated a “neutral” rating and issued a $110.00 price target on shares of Walt Disney in a report on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $125.64.

Walt Disney Trading Up 0.9 %

Shares of Walt Disney stock opened at $98.79 on Thursday. The stock has a market cap of $178.60 billion, a P/E ratio of 32.18, a P/E/G ratio of 1.80 and a beta of 1.41. The stock’s 50 day simple moving average is $109.63 and its 200-day simple moving average is $104.36. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Analysts predict 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.