Tillman Hartley LLC Invests $223,000 in The Walt Disney Company (NYSE:DIS)

Tillman Hartley LLC purchased a new position in The Walt Disney Company (NYSE:DIS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,999 shares of the entertainment giant’s stock, valued at approximately $223,000.

A number of other institutional investors have also recently made changes to their positions in the company. Erste Asset Management GmbH boosted its stake in shares of Walt Disney by 6.7% in the fourth quarter. Erste Asset Management GmbH now owns 231,958 shares of the entertainment giant’s stock worth $25,962,000 after acquiring an additional 14,467 shares during the last quarter. Tredje AP fonden purchased a new position in Walt Disney during the fourth quarter worth approximately $28,951,000. Rakuten Securities Inc. lifted its position in Walt Disney by 42.1% during the fourth quarter. Rakuten Securities Inc. now owns 2,952 shares of the entertainment giant’s stock worth $329,000 after buying an additional 874 shares in the last quarter. Avantax Advisory Services Inc. lifted its position in Walt Disney by 6.9% during the fourth quarter. Avantax Advisory Services Inc. now owns 130,881 shares of the entertainment giant’s stock worth $14,574,000 after buying an additional 8,450 shares in the last quarter. Finally, Essential Planning LLC. purchased a new position in Walt Disney during the fourth quarter worth approximately $5,932,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Macquarie reiterated a “neutral” rating and set a $110.00 price objective on shares of Walt Disney in a research report on Monday, January 6th. Loop Capital lifted their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th. Bank of America lifted their price objective on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. 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. Finally, Wells Fargo & Company lifted their target price on Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. Six investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.64.

Walt Disney Trading Up 0.9 %

Shares of NYSE DIS opened at $98.79 on Thursday. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The stock has a fifty day simple moving average of $109.63 and a 200-day simple moving average of $104.36. The stock has a market capitalization of $178.60 billion, a PE ratio of 32.18, a PEG ratio of 1.80 and a beta of 1.41.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS 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%. On average, equities analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current year.

About Walt Disney

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.