Lindbrook Capital LLC Grows Stock Position in The Walt Disney Company (NYSE:DIS)

Lindbrook Capital LLC raised its position in The Walt Disney Company (NYSE:DIS) by 1.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,814 shares of the entertainment giant’s stock after purchasing an additional 221 shares during the period. Lindbrook Capital LLC’s holdings in Walt Disney were worth $1,872,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DIS. Impax Asset Management Group plc lifted its holdings in Walt Disney by 4.5% in the 3rd quarter. Impax Asset Management Group plc now owns 644,017 shares of the entertainment giant’s stock valued at $61,948,000 after purchasing an additional 27,806 shares in the last quarter. Catalyst Capital Advisors LLC lifted its holdings in Walt Disney by 51.9% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 11,567 shares of the entertainment giant’s stock valued at $1,113,000 after purchasing an additional 3,950 shares in the last quarter. United Advisor Group LLC lifted its holdings in Walt Disney by 88.1% in the 3rd quarter. United Advisor Group LLC now owns 5,215 shares of the entertainment giant’s stock valued at $502,000 after purchasing an additional 2,443 shares in the last quarter. HF Advisory Group LLC lifted its holdings in Walt Disney by 24.8% in the 3rd quarter. HF Advisory Group LLC now owns 13,391 shares of the entertainment giant’s stock valued at $1,288,000 after purchasing an additional 2,662 shares in the last quarter. Finally, Hixon Zuercher LLC lifted its holdings in shares of Walt Disney by 1.1% during the 3rd quarter. Hixon Zuercher LLC now owns 22,623 shares of the entertainment giant’s stock worth $2,176,000 after acquiring an additional 244 shares during the period. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total transaction of $917,920.00. Following the completion of the sale, the executive vice president now owns 44,055 shares of the company’s stock, valued at approximately $5,054,870.70. This trade represents a 15.37 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.16% of the company’s stock.

Walt Disney Stock Up 0.3 %

Shares of NYSE:DIS opened at $109.29 on Thursday. 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 Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. The company has a 50 day moving average of $110.56 and a two-hundred day moving average of $103.94. The company has a market capitalization of $197.58 billion, a price-to-earnings ratio of 35.60, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41.

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

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Citigroup reiterated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. The Goldman Sachs Group increased 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. Needham & Company LLC reiterated a “buy” rating and set a $130.00 price objective on shares of Walt Disney in a report on Wednesday, February 5th. Macquarie reiterated a “neutral” rating and set a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Finally, Prescient Securities cut their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Six research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and an average target price of $125.64.

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.