2,465 Shares in The Walt Disney Company (NYSE:DIS) Acquired by Moss Adams Wealth Advisors LLC

Moss Adams Wealth Advisors LLC bought a new stake in shares of The Walt Disney Company (NYSE:DIS) in the fourth quarter, HoldingsChannel.com reports. The firm bought 2,465 shares of the entertainment giant’s stock, valued at approximately $223,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Trian Fund Management L.P. increased its position in shares of Walt Disney by 411.6% during the 3rd quarter. Trian Fund Management L.P. now owns 32,868,307 shares of the entertainment giant’s stock valued at $2,663,976,000 after purchasing an additional 26,443,257 shares during the last quarter. First Eagle Investment Management LLC purchased a new position in shares of Walt Disney during the 3rd quarter valued at about $326,171,000. International Assets Investment Management LLC increased its holdings in Walt Disney by 8,681.3% in the 4th quarter. International Assets Investment Management LLC now owns 3,349,709 shares of the entertainment giant’s stock worth $302,445,000 after acquiring an additional 3,311,563 shares in the last quarter. Loomis Sayles & Co. L P increased its stake in shares of Walt Disney by 21.0% in the third quarter. Loomis Sayles & Co. L P now owns 14,416,343 shares of the entertainment giant’s stock worth $1,168,444,000 after purchasing an additional 2,505,486 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Walt Disney by 10.6% in the third quarter. Northern Trust Corp now owns 24,859,476 shares of the entertainment giant’s stock worth $2,014,861,000 after acquiring an additional 2,384,407 shares during the period. 65.71% of the stock is owned by institutional investors.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $121.92, for a total value of $226,405.44. Following the completion of the sale, the executive vice president now directly owns 4,400 shares in the company, valued at $536,448. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.10% of the company’s stock.

Walt Disney Stock Up 0.1 %

Shares of DIS stock traded up $0.07 on Wednesday, hitting $105.46. The stock had a trading volume of 15,221,881 shares, compared to its average volume of 12,100,998. The Walt Disney Company has a one year low of $78.73 and a one year high of $123.74. The business has a 50 day moving average price of $114.59 and a 200 day moving average price of $101.21. The company has a market cap of $193.45 billion, a PE ratio of 65.10, a P/E/G ratio of 1.39 and a beta of 1.40. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.39.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 EPS for the quarter, beating the consensus estimate of $1.12 by $0.09. The business had revenue of $22.08 billion during the quarter, compared to analyst estimates of $22.12 billion. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The company’s quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.93 EPS. Research analysts anticipate that The Walt Disney Company will post 4.7 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on DIS shares. Morgan Stanley lifted their price objective on shares of Walt Disney from $110.00 to $135.00 and gave the company an “overweight” rating in a research report on Monday, March 4th. Needham & Company LLC restated a “buy” rating and set a $145.00 price objective on shares of Walt Disney in a research report on Tuesday. Bank of America boosted their target price on Walt Disney from $130.00 to $145.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. Macquarie lifted their price objective on Walt Disney from $94.00 to $104.00 and gave the stock a “neutral” rating in a research note on Thursday, February 8th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Monday. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $126.46.

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.