Walt Disney Co (DIS) Position Lifted by Baldwin Brothers Inc. MA
Baldwin Brothers Inc. MA increased its position in Walt Disney Co (NYSE:DIS) by 5.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,004 shares of the entertainment giant’s stock after acquiring an additional 477 shares during the quarter. Baldwin Brothers Inc. MA’s holdings in Walt Disney were worth $968,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Amalgamated Bank grew its position in Walt Disney by 49.8% in the 2nd quarter. Amalgamated Bank now owns 180,632 shares of the entertainment giant’s stock worth $19,192,000 after purchasing an additional 60,088 shares during the last quarter. Selway Asset Management boosted its position in shares of Walt Disney by 3.0% during the 3rd quarter. Selway Asset Management now owns 37,456 shares of the entertainment giant’s stock valued at $3,692,000 after acquiring an additional 1,100 shares in the last quarter. Gareth Morgan Investments Limited Partnership acquired a new stake in shares of Walt Disney during the 2nd quarter valued at about $5,002,000. Baskin Financial Services Inc. boosted its position in shares of Walt Disney by 5.6% during the 3rd quarter. Baskin Financial Services Inc. now owns 91,396 shares of the entertainment giant’s stock valued at $9,009,000 after acquiring an additional 4,835 shares in the last quarter. Finally, Stokes & Hubbell Capital Management LLC boosted its position in shares of Walt Disney by 5.9% during the 3rd quarter. Stokes & Hubbell Capital Management LLC now owns 42,099 shares of the entertainment giant’s stock valued at $4,150,000 after acquiring an additional 2,348 shares in the last quarter. Hedge funds and other institutional investors own 62.63% of the company’s stock.
Shares of Walt Disney Co (NYSE:DIS) opened at $103.73 on Wednesday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.80 and a current ratio of 0.87. The firm has a market cap of $155,980.00, a P/E ratio of 17.32, a P/E/G ratio of 1.79 and a beta of 1.30. Walt Disney Co has a 12 month low of $96.20 and a 12 month high of $116.10.
Several analysts have recently weighed in on DIS shares. Jefferies Group reiterated a “hold” rating and set a $112.00 target price on shares of Walt Disney in a research report on Wednesday, February 7th. Pivotal Research lifted their price target on shares of Walt Disney from $83.00 to $91.00 and gave the company a “sell” rating in a report on Thursday, December 14th. B. Riley lifted their price target on shares of Walt Disney from $122.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, February 7th. Piper Jaffray Companies reissued a “buy” rating and set a $120.00 price target on shares of Walt Disney in a report on Wednesday, November 22nd. Finally, Loop Capital lifted their price target on shares of Walt Disney from $106.00 to $108.00 and gave the company a “hold” rating in a report on Wednesday, January 31st. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $118.59.
In related news, Director Aylwin B. Lewis sold 1,797 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $108.39, for a total transaction of $194,776.83. Following the completion of the sale, the director now directly owns 85,636 shares of the company’s stock, valued at $9,282,086.04. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.38% of the company’s stock.
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About Walt Disney
The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.
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