The Walt Disney Company (NYSE:DIS) Shares Acquired by Okabena Investment Services Inc.

Okabena Investment Services Inc. lifted its stake in The Walt Disney Company (NYSE:DIS) by 8.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,622 shares of the entertainment giant’s stock after buying an additional 866 shares during the period. Okabena Investment Services Inc.’s holdings in Walt Disney were worth $1,294,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DIS. Strategy Asset Managers LLC boosted its holdings in Walt Disney by 0.4% in the fourth quarter. Strategy Asset Managers LLC now owns 51,115 shares of the entertainment giant’s stock valued at $5,692,000 after purchasing an additional 201 shares during the last quarter. Allianz SE acquired a new position in shares of Walt Disney in the 4th quarter valued at approximately $21,361,000. Allstate Corp purchased a new position in shares of Walt Disney during the 4th quarter valued at approximately $6,003,000. Maridea Wealth Management LLC acquired a new stake in shares of Walt Disney during the fourth quarter worth approximately $1,142,000. Finally, Brown Brothers Harriman & Co. increased its stake in shares of Walt Disney by 0.5% in the fourth quarter. Brown Brothers Harriman & Co. now owns 41,386 shares of the entertainment giant’s stock worth $4,608,000 after buying an additional 202 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on DIS. Rosenblatt Securities reissued a “buy” rating and set a $135.00 price objective on shares of Walt Disney in a report on Monday, February 10th. The Goldman Sachs Group increased their target price on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Morgan Stanley lifted their price objective 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 reaffirmed a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research report on Wednesday, January 22nd. Finally, Loop Capital raised their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock 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 given a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $125.64.

Walt Disney Trading Down 2.4 %

Shares of NYSE DIS opened at $98.02 on Friday. The firm has a market capitalization of $177.19 billion, a PE ratio of 31.93, a PEG ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.69. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The business has a 50-day moving average price of $107.31 and a two-hundred day moving average price of $104.96.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data 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, analysts predict that The Walt Disney Company will post 5.47 earnings per share 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.