The Walt Disney Company (NYSE:DIS) Shares Purchased by FineMark National Bank & Trust

FineMark National Bank & Trust raised its holdings in The Walt Disney Company (NYSE:DIS) by 0.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 104,750 shares of the entertainment giant’s stock after purchasing an additional 370 shares during the quarter. FineMark National Bank & Trust’s holdings in Walt Disney were worth $11,664,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. FPC Investment Advisory Inc. purchased a new position in Walt Disney in the fourth quarter worth $28,000. Tacita Capital Inc lifted its stake in shares of Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after purchasing an additional 124 shares during the period. Midwest Capital Advisors LLC purchased a new stake in Walt Disney during the fourth quarter worth about $34,000. Bay Harbor Wealth Management LLC acquired a new position in Walt Disney during the fourth quarter worth about $35,000. Finally, Vision Financial Markets LLC acquired a new stake in shares of Walt Disney during the 4th quarter valued at approximately $39,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have issued reports on DIS. Macquarie restated a “neutral” rating and set a $110.00 target price on shares of Walt Disney in a research report on Monday, January 6th. Citigroup reissued a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Loop Capital boosted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th. Morgan Stanley lifted their target price on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Finally, Prescient Securities dropped their price target on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Six research 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 stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney Stock Up 0.8 %

DIS stock opened at $100.24 on Tuesday. The company has a market capitalization of $181.21 billion, a P/E ratio of 32.65, a PEG ratio of 1.80 and a beta of 1.41. The firm has a 50 day simple moving average of $107.89 and a 200-day simple moving average of $104.86. 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 Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (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%. On average, equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share 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.