Knights of Columbus Asset Advisors LLC Boosts Stock Holdings in The Walt Disney Company (NYSE:DIS)

Knights of Columbus Asset Advisors LLC increased its holdings in The Walt Disney Company (NYSE:DIS) by 2.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 113,590 shares of the entertainment giant’s stock after acquiring an additional 2,805 shares during the period. Walt Disney makes up about 0.8% of Knights of Columbus Asset Advisors LLC’s holdings, making the stock its 24th largest holding. Knights of Columbus Asset Advisors LLC’s holdings in Walt Disney were worth $12,648,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in DIS. FPC Investment Advisory Inc. acquired a new position in Walt Disney during the fourth quarter worth $28,000. Tacita Capital Inc increased 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 buying an additional 124 shares during the last quarter. Midwest Capital Advisors LLC purchased a new position in Walt Disney in the fourth quarter valued at $34,000. Bay Harbor Wealth Management LLC purchased a new position in shares of Walt Disney during the fourth quarter worth about $35,000. Finally, Vision Financial Markets LLC purchased a new position in shares of Walt Disney during the fourth quarter worth about $39,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently issued reports on DIS. Prescient Securities lowered their price target on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Macquarie reiterated a “neutral” rating and set a $110.00 price target on shares of Walt Disney in a research report on Monday, January 6th. 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. Rosenblatt Securities reaffirmed a “buy” rating and issued a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Finally, Redburn Atlantic raised shares of Walt Disney from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Six equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Walt Disney presently has an average rating of “Moderate Buy” and an average target price of $125.64.

Walt Disney Price Performance

NYSE DIS opened at $99.51 on Friday. The Walt Disney Company has a 52 week low of $83.91 and a 52 week 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 market cap of $179.89 billion, a price-to-earnings ratio of 32.41, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The company has a 50-day moving average price of $108.04 and a two-hundred day moving average price of $104.58.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data 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%. Analysts forecast that The Walt Disney Company will post 5.47 EPS for the current 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.