The Walt Disney Company (NYSE:DIS) Shares Purchased by Annandale Capital LLC

Annandale Capital LLC grew its stake in shares of The Walt Disney Company (NYSE:DIS) by 109.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,793 shares of the entertainment giant’s stock after acquiring an additional 35,501 shares during the period. Walt Disney comprises approximately 1.2% of Annandale Capital LLC’s holdings, making the stock its 16th biggest position. Annandale Capital LLC’s holdings in Walt Disney were worth $7,549,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. United Bank raised its stake in Walt Disney by 6.2% during the third quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock valued at $1,168,000 after buying an additional 712 shares in the last quarter. Morse Asset Management Inc raised its position in shares of Walt Disney by 17.5% during the 3rd quarter. Morse Asset Management Inc now owns 21,366 shares of the entertainment giant’s stock valued at $2,055,000 after acquiring an additional 3,185 shares in the last quarter. Quarry LP raised its position in shares of Walt Disney by 151.8% during the 3rd quarter. Quarry LP now owns 5,326 shares of the entertainment giant’s stock valued at $512,000 after acquiring an additional 3,211 shares in the last quarter. Quantinno Capital Management LP lifted its stake in Walt Disney by 41.9% during the third quarter. Quantinno Capital Management LP now owns 119,027 shares of the entertainment giant’s stock worth $11,449,000 after purchasing an additional 35,133 shares during the last quarter. Finally, Texas Capital Bank Wealth Management Services Inc boosted its holdings in Walt Disney by 15.5% in the third quarter. Texas Capital Bank Wealth Management Services Inc now owns 7,403 shares of the entertainment giant’s stock worth $712,000 after purchasing an additional 992 shares during the period. Institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

DIS has been the subject of a number of recent research reports. Prescient Securities lowered their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. Needham & Company LLC reaffirmed a “buy” rating and set a $130.00 target price on shares of Walt Disney in a report on Wednesday, February 5th. Macquarie reissued a “neutral” rating and issued a $110.00 price target on shares of Walt Disney in a report on Monday, January 6th. Loop Capital upped their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, March 4th. Finally, The Goldman Sachs Group raised their target price on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research note on Tuesday, February 4th. Six investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $125.33.

Walt Disney Price Performance

NYSE DIS opened at $83.52 on Friday. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $150.99 billion, a PE ratio of 27.21, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a 12-month low of $83.08 and a 12-month high of $118.86. The company has a 50 day moving average price of $105.68 and a two-hundred day moving average price of $105.11.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share 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%. As a group, equities analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Company 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.