Inkwell Capital LLC Purchases Shares of 35,441 The Walt Disney Company (NYSE:DIS)

Inkwell Capital LLC purchased a new position in The Walt Disney Company (NYSE:DIS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 35,441 shares of the entertainment giant’s stock, valued at approximately $3,946,000. Walt Disney accounts for about 4.2% of Inkwell Capital LLC’s investment portfolio, making the stock its 8th biggest position.

Other large investors also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Walt Disney during the fourth quarter valued at approximately $2,415,427,000. Arrowstreet Capital Limited Partnership raised its stake in shares of Walt Disney by 75.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 10,858,108 shares of the entertainment giant’s stock worth $1,209,050,000 after acquiring an additional 4,680,930 shares in the last quarter. Jennison Associates LLC boosted its stake in shares of Walt Disney by 23.4% in the 4th quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant’s stock valued at $2,137,637,000 after purchasing an additional 3,636,742 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Walt Disney during the 4th quarter valued at $358,151,000. Finally, Boston Partners purchased a new position in Walt Disney in the 4th quarter worth $350,707,000. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Down 2.4 %

Walt Disney stock opened at $98.02 on Friday. The firm has a market cap of $177.19 billion, a price-to-earnings ratio of 31.93, 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. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.69. The stock has a fifty day simple moving average of $107.31 and a two-hundred day simple moving average of $105.07.

Walt Disney (NYSE:DIS) last issued its earnings results 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 predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on DIS shares. The Goldman Sachs Group raised their price objective on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research note on Tuesday, February 4th. Citigroup reiterated a “buy” rating and issued a $125.00 price objective on shares of Walt Disney in a research report on Wednesday, January 22nd. Jefferies Financial Group started coverage on shares of Walt Disney in a report on Wednesday, December 4th. They issued a “hold” rating and a $120.00 target price on the stock. Morgan Stanley upped their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Finally, Macquarie restated a “neutral” rating and issued a $110.00 price objective on shares of Walt Disney in a research report on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $125.64.

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.