PDS Planning Inc Has $852,000 Position in The Walt Disney Company (NYSE:DIS)

PDS Planning Inc raised its position in The Walt Disney Company (NYSE:DIS) by 15.5% during the 1st quarter, HoldingsChannel reports. The fund owned 8,635 shares of the entertainment giant’s stock after buying an additional 1,160 shares during the quarter. PDS Planning Inc’s holdings in Walt Disney were worth $852,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in DIS. Mpwm Advisory Solutions LLC bought a new position in shares of Walt Disney in the 4th quarter valued at about $27,000. Tacita Capital Inc raised its holdings in Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after acquiring an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new position in Walt Disney during the fourth quarter valued at approximately $32,000. Copia Wealth Management bought a new position in shares of Walt Disney in the fourth quarter valued at $36,000. Finally, Vision Financial Markets LLC acquired a new stake in Walt Disney in the fourth quarter valued at $39,000. Institutional investors own 65.71% of the company’s stock.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the transaction, the executive vice president now owns 46,831 shares in the company, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.16% of the company’s stock.

Wall Street Analysts Forecast Growth

DIS has been the topic of several research analyst reports. Morgan Stanley upped their price objective on Walt Disney from $110.00 to $120.00 and gave the company an “overweight” rating in a research note on Thursday, May 8th. Loop Capital raised their price target on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, June 10th. Needham & Company LLC reaffirmed a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research report on Thursday, May 8th. Rosenblatt Securities increased their price objective on shares of Walt Disney from $135.00 to $140.00 and gave the company a “buy” rating in a research report on Tuesday, June 3rd. Finally, Barclays increased their price target on shares of Walt Disney from $115.00 to $120.00 and gave the company an “overweight” rating in a report on Thursday, May 8th. Six investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and a consensus target price of $123.96.

Walt Disney Stock Performance

Shares of DIS stock opened at $119.53 on Thursday. The company has a market cap of $214.89 billion, a price-to-earnings ratio of 24.44, a price-to-earnings-growth ratio of 1.74 and a beta of 1.54. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $120.50. The firm has a 50 day moving average of $106.76 and a 200-day moving average of $105.92. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.34.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating the consensus estimate of $1.21 by $0.24. Walt Disney had a return on equity of 9.99% and a net margin of 9.47%. The company had revenue of $23.62 billion during the quarter, compared to the consensus estimate of $23.15 billion. During the same period last year, the business posted $1.21 EPS. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. On average, equities analysts forecast that The Walt Disney Company will post 5.47 earnings per share 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.