Golden State Equity Partners purchased a new position in shares of The Walt Disney Company (NYSE:DIS) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 2,381 shares of the entertainment giant’s stock, valued at approximately $431,000.

Other hedge funds have also made changes to their positions in the company. JFG Wealth Management LLC acquired a new position in The Walt Disney during the 3rd quarter worth $26,000. Flagship Private Wealth LLC acquired a new position in The Walt Disney during the 4th quarter worth $27,000. Kinloch Capital LLC acquired a new position in The Walt Disney during the 4th quarter worth $28,000. Klaas Financial Asset Advisors LLC acquired a new position in The Walt Disney during the 4th quarter worth $33,000. Finally, Insight Financial Services acquired a new position in The Walt Disney during the 4th quarter worth $34,000. Institutional investors own 62.83% of the company’s stock.

In other news, EVP Alan N. Braverman sold 1,947 shares of the company’s stock in a transaction dated Monday, December 21st. The stock was sold at an average price of $168.94, for a total transaction of $328,926.18. Following the completion of the sale, the executive vice president now owns 103,647 shares in the company, valued at approximately $17,510,124.18. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Zenia B. Mucha sold 35,906 shares of the company’s stock in a transaction dated Thursday, December 17th. The stock was sold at an average price of $173.34, for a total value of $6,223,946.04. Following the sale, the executive vice president now owns 18,781 shares of the company’s stock, valued at approximately $3,255,498.54. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,079,704 shares of company stock valued at $192,927,683. 0.31% of the stock is currently owned by corporate insiders.

Shares of NYSE DIS opened at $191.76 on Tuesday. The business’s 50-day moving average price is $178.00 and its two-hundred day moving average price is $149.05. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.32 and a quick ratio of 1.26. The Walt Disney Company has a one year low of $79.07 and a one year high of $194.02. The company has a market capitalization of $348.10 billion, a P/E ratio of -120.60, a price-to-earnings-growth ratio of 5.07 and a beta of 1.20.

The Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 10th. The entertainment giant reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of ($0.45) by $0.77. The Walt Disney had a positive return on equity of 4.05% and a negative net margin of 4.38%. On average, equities analysts anticipate that The Walt Disney Company will post 1.69 EPS for the current year.

A number of research analysts have issued reports on DIS shares. Smith Barney Citigroup boosted their price target on The Walt Disney from $150.00 to $175.00 in a research report on Wednesday, December 2nd. Moffett Nathanson boosted their price objective on The Walt Disney from $160.00 to $180.00 in a research note on Friday, January 15th. Barclays boosted their price objective on The Walt Disney from $150.00 to $185.00 in a research note on Friday, December 11th. Argus boosted their price objective on The Walt Disney from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, February 17th. Finally, The Goldman Sachs Group boosted their price objective on The Walt Disney from $211.00 to $225.00 and gave the stock a “buy” rating in a research note on Friday, February 12th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and twenty-three have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $180.06.

About The Walt Disney

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates domestic cable networks under the Disney, ESPN, Freeform, FX, and National Geographic brands; and television broadcast network under the ABC brand, as well as eight domestic television stations.

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Institutional Ownership by Quarter for The Walt Disney (NYSE:DIS)

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