The Walt Disney Company (NYSE:DIS) Shares Acquired by NEOS Investment Management LLC

NEOS Investment Management LLC increased its stake in shares of The Walt Disney Company (NYSE:DIS) by 11.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 95,792 shares of the entertainment giant’s stock after acquiring an additional 9,946 shares during the period. NEOS Investment Management LLC’s holdings in Walt Disney were worth $10,666,000 as of its most recent filing with the Securities & Exchange Commission.

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

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on DIS shares. Morgan Stanley lifted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Macquarie reaffirmed a “neutral” rating and set a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and upped their target price for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Jefferies Financial Group began coverage on Walt Disney in a research note on Wednesday, December 4th. They set a “hold” rating and a $120.00 price target for the company. Finally, Prescient Securities lowered their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Six equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney Stock Down 0.9 %

DIS opened at $100.65 on Thursday. The stock has a market capitalization of $181.95 billion, a price-to-earnings ratio of 32.79, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a 12 month low of $83.91 and a 12 month 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. The business has a 50-day moving average of $107.61 and a two-hundred day moving average of $105.04.

Walt Disney (NYSE:DIS) last issued its quarterly 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 net margin of 6.07% and a return on equity of 9.95%. On average, research analysts expect 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.