Becker Capital Management Inc. Grows Stock Position in The Walt Disney Company (NYSE:DIS)

Becker Capital Management Inc. boosted its stake in shares of The Walt Disney Company (NYSE:DIS) by 0.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 235,018 shares of the entertainment giant’s stock after purchasing an additional 412 shares during the period. Becker Capital Management Inc.’s holdings in Walt Disney were worth $26,287,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of DIS. Trek Financial LLC raised its stake in shares of Walt Disney by 479.9% in the 4th quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant’s stock valued at $4,044,000 after acquiring an additional 30,057 shares during the period. Brookstone Capital Management raised its stake in shares of Walt Disney by 10.5% in the 4th quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant’s stock valued at $15,687,000 after acquiring an additional 13,339 shares during the period. Greystone Financial Group LLC increased its stake in Walt Disney by 13.3% during the 4th quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant’s stock worth $9,486,000 after buying an additional 9,967 shares during the period. Avanza Fonder AB purchased a new stake in Walt Disney during the 4th quarter worth $15,125,000. Finally, FourThought Financial Partners LLC purchased a new stake in Walt Disney during the 4th quarter worth $446,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on DIS shares. Morgan Stanley lifted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Needham & Company LLC reaffirmed a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a report on Tuesday, April 22nd. Wolfe Research raised shares of Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 price target for the company in a report on Monday, April 21st. The Goldman Sachs Group lifted their price target on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a report on Monday, February 10th. Six investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Walt Disney presently has a consensus rating of “Moderate Buy” and an average price target of $123.75.

Walt Disney Price Performance

NYSE DIS opened at $91.16 on Wednesday. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $118.63. The stock has a market capitalization of $164.80 billion, a PE ratio of 29.69, a P/E/G ratio of 1.80 and a beta of 1.44. The stock has a 50-day simple moving average of $96.20 and a 200 day simple moving average of $104.20. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. Research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

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.