The Walt Disney Company (NYSE:DIS) Shares Bought by Baldwin Investment Management LLC

Baldwin Investment Management LLC lifted its stake in shares of The Walt Disney Company (NYSE:DIS) by 5.9% during the fourth quarter, Holdings Channel reports. The firm owned 9,176 shares of the entertainment giant’s stock after buying an additional 510 shares during the period. Baldwin Investment Management LLC’s holdings in Walt Disney were worth $1,022,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. FPC Investment Advisory Inc. bought a new position in Walt Disney in the 4th quarter worth about $28,000. Tacita Capital Inc grew its holdings in Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after buying an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new stake in Walt Disney in the 4th quarter valued at approximately $32,000. Midwest Capital Advisors LLC acquired a new position in Walt Disney during the 4th quarter worth $34,000. Finally, Bay Harbor Wealth Management LLC acquired a new position in Walt Disney during the 4th quarter worth $35,000. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of DIS opened at $92.52 on Friday. The company has a market capitalization of $167.26 billion, a PE ratio of 30.14, a PEG ratio of 1.80 and a beta of 1.49. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The company’s 50 day moving average price is $95.08 and its 200 day moving average price is $104.07. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $118.63.

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

Wall Street Analysts Forecast Growth

DIS has been the topic of a number of recent analyst reports. Barclays cut their price objective on shares of Walt Disney from $125.00 to $115.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th. Loop Capital boosted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th. Morgan Stanley upped 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. Macquarie reiterated a “neutral” rating and set a $110.00 price objective on shares of Walt Disney in a research note on Monday, January 6th. Finally, Citigroup restated a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a research report on Wednesday, January 22nd. 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 stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $123.75.

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.