Oxford Financial Group LTD. LLC decreased its stake in shares of The Walt Disney Company (NYSE:DIS – Free Report) by 3.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,157 shares of the entertainment giant’s stock after selling 158 shares during the quarter. Oxford Financial Group LTD. LLC’s holdings in Walt Disney were worth $574,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently modified their holdings of DIS. Jennison Associates LLC boosted its position in shares of Walt Disney by 23.4% during the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant’s stock worth $2,137,637,000 after acquiring an additional 3,636,742 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Walt Disney during the fourth quarter worth $358,151,000. Boston Partners bought a new position in shares of Walt Disney during the fourth quarter worth $350,707,000. FMR LLC boosted its position in shares of Walt Disney by 8.7% during 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, Bank of New York Mellon Corp raised its stake in Walt Disney by 15.5% during the fourth quarter. Bank of New York Mellon Corp now owns 17,104,295 shares of the entertainment giant’s stock valued at $1,904,563,000 after purchasing an additional 2,300,912 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.
Walt Disney Stock Down 1.5 %
Shares of Walt Disney stock opened at $98.79 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 firm’s 50-day moving average is $108.23 and its two-hundred day moving average is $104.61. The stock has a market cap of $178.59 billion, a price-to-earnings ratio of 32.18, a PEG ratio of 1.80 and a beta of 1.41.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on the stock. Rosenblatt Securities reaffirmed a “buy” rating and set a $135.00 price target on shares of Walt Disney in a research note on Monday, February 10th. Loop Capital upped their price target 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. Prescient Securities decreased their price target on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research note on Tuesday, February 4th. Redburn Atlantic raised shares of Walt Disney from a “neutral” rating to a “buy” rating and upped their price target for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Finally, 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 research note on Thursday, February 6th. Six equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $125.64.
Get Our Latest Research Report on Walt Disney
About Walt Disney
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.
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