Legal Advantage Investments Inc. boosted its position in The Walt Disney Company (NYSE:DIS – Free Report) by 6.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 68,294 shares of the entertainment giant’s stock after buying an additional 3,987 shares during the quarter. Walt Disney makes up about 3.6% of Legal Advantage Investments Inc.’s portfolio, making the stock its 4th biggest position. Legal Advantage Investments Inc.’s holdings in Walt Disney were worth $6,741,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Clearstead Trust LLC lifted its position in shares of Walt Disney by 0.6% in the first quarter. Clearstead Trust LLC now owns 16,509 shares of the entertainment giant’s stock valued at $1,629,000 after acquiring an additional 99 shares in the last quarter. Hemington Wealth Management lifted its position in shares of Walt Disney by 1.9% in the first quarter. Hemington Wealth Management now owns 5,628 shares of the entertainment giant’s stock valued at $555,000 after acquiring an additional 105 shares in the last quarter. Allegheny Financial Group lifted its position in shares of Walt Disney by 2.3% in the fourth quarter. Allegheny Financial Group now owns 4,624 shares of the entertainment giant’s stock valued at $515,000 after acquiring an additional 106 shares in the last quarter. Resonant Capital Advisors LLC lifted its position in shares of Walt Disney by 0.4% in the first quarter. Resonant Capital Advisors LLC now owns 26,119 shares of the entertainment giant’s stock valued at $2,578,000 after acquiring an additional 113 shares in the last quarter. Finally, RD Lewis Holdings Inc. lifted its position in shares of Walt Disney by 0.7% in the first quarter. RD Lewis Holdings Inc. now owns 15,899 shares of the entertainment giant’s stock valued at $1,470,000 after acquiring an additional 113 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.
Walt Disney Stock Down 0.3%
Shares of Walt Disney stock opened at $116.34 on Friday. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The company has a 50 day moving average of $119.30 and a 200 day moving average of $108.11. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $209.17 billion, a P/E ratio of 18.24, a P/E/G ratio of 1.69 and a beta of 1.56.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on DIS. UBS Group raised their target price on Walt Disney from $120.00 to $138.00 and gave the company a “buy” rating in a research report on Wednesday, July 16th. Susquehanna restated a “neutral” rating on shares of Walt Disney in a research report on Monday. Guggenheim upped their price target on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, June 27th. JPMorgan Chase & Co. upped their price target on Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a research report on Tuesday, July 29th. Finally, Rosenblatt Securities upped their price target on Walt Disney from $140.00 to $141.00 and gave the company a “buy” rating in a research report on Monday. Eight investment analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $131.18.
Get Our Latest Stock Report on Walt Disney
Walt Disney Company 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.
Featured Stories
- Five stocks we like better than Walt Disney
- Stock Average Calculator
- How Did Peter Thiel-Backed Crypto Exchange Bullish’s IPO Go?
- Short Selling – The Pros and Cons
- Mercury Systems Up 27%: Financials Send Investors a Clear Signal
- EV Stocks and How to Profit from Them
- Deereās Sell-Off Could Be a Long-Term Buying Chance
Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Walt Disney Company (NYSE:DIS – Free Report).
Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.