Murphy & Mullick Capital Management Corp Makes New $574,000 Investment in The Walt Disney Company (NYSE:DIS)

Murphy & Mullick Capital Management Corp bought a new stake in The Walt Disney Company (NYSE:DIS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,148 shares of the entertainment giant’s stock, valued at approximately $574,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. United Bank boosted its holdings in shares of Walt Disney by 6.2% during the third quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock worth $1,168,000 after purchasing an additional 712 shares during the period. Eagle Asset Management Inc. boosted its stake in shares of Walt Disney by 49.2% during the 3rd quarter. Eagle Asset Management Inc. now owns 15,000 shares of the entertainment giant’s stock valued at $1,485,000 after buying an additional 4,947 shares during the period. Horizon Kinetics Asset Management LLC grew its holdings in shares of Walt Disney by 25.7% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 5,704 shares of the entertainment giant’s stock valued at $549,000 after acquiring an additional 1,167 shares in the last quarter. FMR LLC increased its stake in shares of Walt Disney by 8.7% in the third quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant’s stock worth $3,310,539,000 after acquiring an additional 2,765,389 shares during the last quarter. Finally, Avestar Capital LLC raised its holdings in shares of Walt Disney by 4.9% during the third quarter. Avestar Capital LLC now owns 13,889 shares of the entertainment giant’s stock worth $1,336,000 after acquiring an additional 653 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Up 1.4 %

NYSE:DIS opened at $101.61 on Wednesday. The firm has a market capitalization of $183.69 billion, a P/E ratio of 33.10, a P/E/G ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The stock’s fifty day simple moving average is $107.76 and its 200-day simple moving average is $104.95. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) 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%. Equities research analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on DIS shares. Prescient Securities dropped their target price on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. The Goldman Sachs Group increased 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. Macquarie reiterated a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research note on Monday, January 6th. Morgan Stanley upped their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Finally, Jefferies Financial Group initiated coverage on Walt Disney in a report on Wednesday, December 4th. They set 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $125.64.

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.