Generali Investments Management Co LLC Invests $4.70 Million in The Walt Disney Company (NYSE:DIS)

Generali Investments Management Co LLC purchased a new position in shares of The Walt Disney Company (NYSE:DIS) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 42,195 shares of the entertainment giant’s stock, valued at approximately $4,698,000. Walt Disney comprises approximately 1.2% of Generali Investments Management Co LLC’s portfolio, making the stock its 18th biggest holding.

Several other institutional investors and hedge funds have also modified their holdings of DIS. Farmers Trust Co. increased its holdings in shares of Walt Disney by 1.1% in the 4th quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant’s stock worth $945,000 after buying an additional 92 shares during the last quarter. Pathway Financial Advisors LLC increased its holdings in shares of Walt Disney by 2.7% in the 4th quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant’s stock worth $386,000 after buying an additional 92 shares during the last quarter. Prossimo Advisors LLC increased its holdings in shares of Walt Disney by 1.1% in the 4th quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant’s stock worth $972,000 after buying an additional 92 shares during the last quarter. Saxon Interests Inc. increased its holdings in shares of Walt Disney by 2.8% in the 4th quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant’s stock worth $380,000 after buying an additional 93 shares during the last quarter. Finally, Onefund LLC increased its holdings in shares of Walt Disney by 2.0% in the 4th quarter. Onefund LLC now owns 4,856 shares of the entertainment giant’s stock worth $541,000 after buying an additional 93 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Down 0.0 %

NYSE:DIS opened at $99.33 on Wednesday. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The firm has a 50 day moving average of $108.63 and a 200 day moving average of $104.58. 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 $179.56 billion, a price-to-earnings ratio of 32.35, a PEG ratio of 1.80 and a beta of 1.41.

Walt Disney (NYSE:DIS) last posted its earnings results 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%. As a group, sell-side analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

DIS has been the topic of a number of research reports. Morgan Stanley boosted their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Citigroup restated a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a report on Wednesday, January 22nd. Macquarie restated a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a report on Monday, January 6th. Jefferies Financial Group started coverage on shares of Walt Disney in a report on Wednesday, December 4th. They set a “hold” rating and a $120.00 price target on the stock. Finally, Loop Capital upped their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, March 4th. Six equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus 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.