Bradyco Inc. Purchases New Holdings in The Walt Disney Company (NYSE:DIS)

Bradyco Inc. bought a new stake in shares of The Walt Disney Company (NYSE:DIS) during the 4th quarter, HoldingsChannel.com reports. The firm bought 29,420 shares of the entertainment giant’s stock, valued at approximately $3,495,000. Walt Disney accounts for 2.5% of Bradyco Inc.’s portfolio, making the stock its 9th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DIS. Blue Bell Private Wealth Management LLC lifted its stake in Walt Disney by 20.4% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 2,093 shares of the entertainment giant’s stock valued at $233,000 after acquiring an additional 355 shares during the last quarter. Foundation Wealth Management LLC acquired a new position in shares of Walt Disney during the 4th quarter worth about $484,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in shares of Walt Disney by 32.4% during the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,592 shares of the entertainment giant’s stock worth $957,000 after buying an additional 2,101 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its stake in Walt Disney by 0.9% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 20,286 shares of the entertainment giant’s stock valued at $2,269,000 after purchasing an additional 178 shares during the last quarter. Finally, Callan Family Office LLC lifted its stake in shares of Walt Disney by 325.1% in the fourth quarter. Callan Family Office LLC now owns 29,719 shares of the entertainment giant’s stock valued at $3,309,000 after buying an additional 22,728 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on DIS. Morgan Stanley lifted their target price 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. Citigroup restated a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research report on Wednesday, January 22nd. Jefferies Financial Group assumed coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They issued a “hold” rating and a $120.00 price target on the stock. Macquarie restated a “neutral” rating and issued a $110.00 price target on shares of Walt Disney in a research report on Monday, January 6th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research report on Monday, February 10th. Six investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $125.64.

Walt Disney Stock Performance

Shares of DIS opened at $105.47 on Friday. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. The firm has a fifty day simple moving average of $110.42 and a 200 day simple moving average of $103.95. The stock has a market capitalization of $190.66 billion, a price-to-earnings ratio of 34.35, a PEG ratio of 1.80 and a beta of 1.41. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping 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%. Research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Brent Woodford sold 8,000 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total transaction of $917,920.00. Following the completion of the transaction, the executive vice president now owns 44,055 shares in the company, valued at approximately $5,054,870.70. This represents a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.16% of the stock is currently owned by corporate insiders.

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.