Marble Harbor Investment Counsel LLC Purchases 1,674 Shares of The Walt Disney Company (NYSE:DIS)

Marble Harbor Investment Counsel LLC lifted its position in The Walt Disney Company (NYSE:DIS) by 1.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 93,747 shares of the entertainment giant’s stock after acquiring an additional 1,674 shares during the period. Walt Disney comprises about 1.2% of Marble Harbor Investment Counsel LLC’s investment portfolio, making the stock its 26th biggest holding. Marble Harbor Investment Counsel LLC’s holdings in Walt Disney were worth $10,439,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in DIS. Rialto Wealth Management LLC purchased a new position in shares of Walt Disney in the fourth quarter worth $294,000. Larson Financial Group LLC boosted its position in shares of Walt Disney by 11.7% during the fourth quarter. Larson Financial Group LLC now owns 16,522 shares of the entertainment giant’s stock valued at $1,840,000 after buying an additional 1,726 shares during the last quarter. AMF Tjanstepension AB increased its holdings in Walt Disney by 11.0% in the 4th quarter. AMF Tjanstepension AB now owns 286,837 shares of the entertainment giant’s stock worth $31,952,000 after buying an additional 28,453 shares in the last quarter. Generali Investments CEE investicni spolecnost a.s. purchased a new position in Walt Disney in the 4th quarter worth about $9,733,000. Finally, Camden National Bank bought a new position in Walt Disney during the 4th quarter valued at about $389,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Up 0.1 %

DIS stock opened at $105.58 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The business has a 50 day simple moving average of $110.30 and a two-hundred day simple moving average of $103.96. The company has a market capitalization of $190.87 billion, a price-to-earnings ratio of 34.39, a PEG ratio of 1.80 and a beta of 1.41.

Walt Disney (NYSE:DIS) last posted its 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%. Research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Rosenblatt Securities reiterated a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research note on Monday, February 10th. Macquarie reaffirmed a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Morgan Stanley increased their price target on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. The Goldman Sachs Group lifted their price objective on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Finally, Jefferies Financial Group assumed coverage on Walt Disney in a report on Wednesday, December 4th. They issued a “hold” rating and a $120.00 target price on the stock. Six 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 company currently has an average rating of “Moderate Buy” and an average target price of $125.64.

Insider Activity

In related news, EVP Brent Woodford sold 8,000 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was 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 directly owns 44,055 shares of the company’s stock, 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 filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.16% of the company’s stock.

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.