Larson Financial Group LLC Has $1.84 Million Stake in The Walt Disney Company (NYSE:DIS)

Larson Financial Group LLC grew its holdings in The Walt Disney Company (NYSE:DIS) by 11.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 16,522 shares of the entertainment giant’s stock after acquiring an additional 1,726 shares during the period. Larson Financial Group LLC’s holdings in Walt Disney were worth $1,840,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in DIS. Impax Asset Management Group plc lifted its position in shares of Walt Disney by 4.5% in the third quarter. Impax Asset Management Group plc now owns 644,017 shares of the entertainment giant’s stock valued at $61,948,000 after buying an additional 27,806 shares during the last quarter. M&G PLC acquired a new stake in Walt Disney during the 3rd quarter worth approximately $1,250,000. Summit Global Investments lifted its holdings in Walt Disney by 476.0% during the 3rd quarter. Summit Global Investments now owns 12,379 shares of the entertainment giant’s stock worth $1,191,000 after purchasing an additional 10,230 shares during the last quarter. CWA Asset Management Group LLC acquired a new stake in Walt Disney during the 3rd quarter worth approximately $2,942,000. Finally, Applied Finance Capital Management LLC lifted its holdings in Walt Disney by 12.3% during the 3rd quarter. Applied Finance Capital Management LLC now owns 439,274 shares of the entertainment giant’s stock worth $42,254,000 after purchasing an additional 48,189 shares during the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Evercore ISI lifted their price target on Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Wells Fargo & Company lifted their price target on Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday, November 15th. Macquarie reissued a “neutral” rating and set a $110.00 price target on shares of Walt Disney in a report on Monday, January 6th. Sanford C. Bernstein lifted their price target on Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, November 15th. Finally, Bank of America raised their price objective on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. 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. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $125.64.

Insider Buying and Selling

In related news, EVP Brent Woodford sold 8,000 shares of the business’s stock in a transaction 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 sale, the executive vice president now owns 44,055 shares in the company, valued at $5,054,870.70. The trade was a 15.37 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.16% of the stock is currently owned by corporate insiders.

Walt Disney Trading Up 0.1 %

Shares of DIS opened at $105.58 on Friday. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. The business’s fifty day moving average is $110.30 and its 200-day moving average is $104.05. 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 cap 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 issued its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Equities analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal 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.