Virtu Financial LLC Has $1.31 Million Position in The Walt Disney Company (NYSE:DIS)

Virtu Financial LLC reduced its stake in shares of The Walt Disney Company (NYSE:DIS) by 36.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,738 shares of the entertainment giant’s stock after selling 6,871 shares during the quarter. Virtu Financial LLC’s holdings in Walt Disney were worth $1,307,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. FPC Investment Advisory Inc. bought a new position in Walt Disney during the fourth quarter valued at approximately $28,000. Tacita Capital Inc raised its position in Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after acquiring an additional 124 shares in the last quarter. Midwest Capital Advisors LLC bought a new position in Walt Disney during the fourth quarter valued at approximately $34,000. Bay Harbor Wealth Management LLC bought a new position in Walt Disney during the fourth quarter valued at approximately $35,000. Finally, Vision Financial Markets LLC bought a new position in Walt Disney during the fourth quarter valued at approximately $39,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Up 0.7 %

Shares of NYSE:DIS opened at $99.51 on Monday. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The company’s fifty day moving average is $108.04 and its 200-day moving average is $104.78. The company has a market capitalization of $179.89 billion, a PE ratio of 32.41, a P/E/G ratio of 1.80 and a beta of 1.41.

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

Wall Street Analyst Weigh In

DIS has been the topic of several recent research reports. Citigroup reaffirmed a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research report on Wednesday, January 22nd. Needham & Company LLC reissued a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a research report on Wednesday, February 5th. Macquarie reissued a “neutral” rating and issued a $110.00 price target on shares of Walt Disney in a research report on Monday, January 6th. 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. Finally, Prescient Securities dropped their price target on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research 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. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target 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.