TD Asset Management Inc. Purchases 44,978 Shares of The Walt Disney Company (NYSE:DIS)

TD Asset Management Inc. lifted its position in The Walt Disney Company (NYSE:DIS) by 4.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,028,259 shares of the entertainment giant’s stock after acquiring an additional 44,978 shares during the period. TD Asset Management Inc.’s holdings in Walt Disney were worth $114,497,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. United Bank lifted its position in Walt Disney by 6.2% during the 3rd quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock valued at $1,168,000 after acquiring an additional 712 shares during the period. Eagle Asset Management Inc. lifted its holdings in shares of Walt Disney by 49.2% during the third quarter. Eagle Asset Management Inc. now owns 15,000 shares of the entertainment giant’s stock valued at $1,485,000 after purchasing an additional 4,947 shares during the last quarter. Horizon Kinetics Asset Management LLC boosted its position in shares of Walt Disney by 25.7% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 5,704 shares of the entertainment giant’s stock worth $549,000 after purchasing an additional 1,167 shares in the last quarter. FMR LLC grew its stake in shares of Walt Disney by 8.7% in the 3rd quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant’s stock worth $3,310,539,000 after buying an additional 2,765,389 shares during the last quarter. Finally, Avestar Capital LLC increased its position in Walt Disney by 4.9% during the 3rd quarter. Avestar Capital LLC now owns 13,889 shares of the entertainment giant’s stock valued at $1,336,000 after buying an additional 653 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $100.00 to $147.00 in a report on Tuesday, January 7th. Morgan Stanley upped their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Prescient Securities reduced 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 note on Tuesday, February 4th. The Goldman Sachs Group upped their target price on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research note on Tuesday, February 4th. Finally, Needham & Company LLC reissued a “buy” rating and set a $130.00 price target on shares of Walt Disney in a research report on Wednesday, February 5th. 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. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $125.64.

Walt Disney Stock Up 1.4 %

NYSE DIS opened at $101.61 on Wednesday. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. 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 company has a market capitalization of $183.69 billion, a P/E ratio of 33.10, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The stock’s 50-day moving average price is $107.76 and its 200-day moving average price is $104.95.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping 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%. On average, equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current 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.