IQ EQ FUND MANAGEMENT IRELAND Ltd Has $5.98 Million Stock Position in The Walt Disney Company (NYSE:DIS)

IQ EQ FUND MANAGEMENT IRELAND Ltd cut its position in The Walt Disney Company (NYSE:DIS) by 6.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,690 shares of the entertainment giant’s stock after selling 3,900 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Walt Disney were worth $5,978,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. United Bank grew its holdings in shares of Walt Disney by 6.2% during the third quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock worth $1,168,000 after purchasing an additional 712 shares during the last quarter. Baldwin Investment Management LLC grew its holdings in Walt Disney by 12.3% during the 3rd quarter. Baldwin Investment Management LLC now owns 8,666 shares of the entertainment giant’s stock worth $834,000 after acquiring an additional 948 shares during the last quarter. Townsquare Capital LLC grew its holdings in Walt Disney by 20.3% during the 3rd quarter. Townsquare Capital LLC now owns 192,719 shares of the entertainment giant’s stock worth $18,538,000 after acquiring an additional 32,584 shares during the last quarter. RBO & Co. LLC increased its position in Walt Disney by 2.1% in the 3rd quarter. RBO & Co. LLC now owns 149,444 shares of the entertainment giant’s stock valued at $14,375,000 after acquiring an additional 3,012 shares in the last quarter. Finally, RS Crum Inc. lifted its position in shares of Walt Disney by 0.8% during the third quarter. RS Crum Inc. now owns 16,651 shares of the entertainment giant’s stock worth $1,602,000 after purchasing an additional 127 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on DIS shares. Rosenblatt Securities reissued a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Macquarie reissued a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research note on Monday, January 6th. Morgan Stanley upped their price target on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Finally, Needham & Company LLC restated a “buy” rating and set a $130.00 target price on shares of Walt Disney in a research report on Wednesday, February 5th. Six research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $125.64.

Walt Disney Price Performance

Shares of DIS opened at $100.65 on Thursday. 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 firm has a market capitalization of $181.95 billion, a PE ratio of 32.79, a P/E/G ratio of 1.80 and a beta of 1.41. The stock has a 50 day simple moving average of $107.61 and a 200 day simple moving average of $105.04. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74.

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 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%. Sell-side analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Walt Disney 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.