Nicolet Advisory Services LLC Acquires 1,062 Shares of The Walt Disney Company (NYSE:DIS)

Nicolet Advisory Services LLC boosted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 7.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,406 shares of the entertainment giant’s stock after buying an additional 1,062 shares during the quarter. Nicolet Advisory Services LLC’s holdings in Walt Disney were worth $1,674,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. United Bank increased its position in Walt Disney by 6.2% during the third quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock worth $1,168,000 after acquiring an additional 712 shares during the period. Edgestream Partners L.P. increased its holdings in shares of Walt Disney by 68.2% during the 3rd quarter. Edgestream Partners L.P. now owns 10,907 shares of the entertainment giant’s stock worth $1,049,000 after purchasing an additional 4,421 shares during the period. Atom Investors LP bought a new position in shares of Walt Disney during the 3rd quarter worth about $352,000. Benjamin Edwards Inc. raised its position in shares of Walt Disney by 139,052.4% during the third quarter. Benjamin Edwards Inc. now owns 29,222 shares of the entertainment giant’s stock valued at $2,811,000 after buying an additional 29,201 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its stake in shares of Walt Disney by 112.0% in the third quarter. Janus Henderson Group PLC now owns 4,142,991 shares of the entertainment giant’s stock valued at $398,508,000 after buying an additional 2,188,610 shares during the period. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Performance

Shares of Walt Disney stock opened at $97.92 on Thursday. The stock’s fifty day simple moving average is $106.70 and its 200 day simple moving average is $105.37. 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 company has a market capitalization of $177.02 billion, a PE ratio of 31.90, a PEG 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 $123.69.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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, research analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have commented on DIS. Loop Capital upped their price target on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Needham & Company LLC restated a “buy” rating and issued a $130.00 price objective on shares of Walt Disney in a research note on Wednesday, February 5th. The Goldman Sachs Group raised their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Finally, Macquarie reissued a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research note on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $125.33.

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.