RMR Wealth Builders Raises Stock Position in The Walt Disney Company (NYSE:DIS)

RMR Wealth Builders lifted its position in shares of The Walt Disney Company (NYSE:DIS) by 5.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,357 shares of the entertainment giant’s stock after purchasing an additional 714 shares during the period. RMR Wealth Builders’ holdings in Walt Disney were worth $1,296,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Gryphon Financial Partners LLC purchased a new position in shares of Walt Disney during the 4th quarter worth approximately $603,000. Moss Adams Wealth Advisors LLC purchased a new position in Walt Disney in the 4th quarter valued at about $223,000. Pacific Capital Wealth Advisors Inc. acquired a new position in Walt Disney in the 4th quarter valued at $104,000. Sawgrass Asset Management LLC boosted its stake in Walt Disney by 111.3% in the 4th quarter. Sawgrass Asset Management LLC now owns 139,500 shares of the entertainment giant’s stock worth $12,595,000 after buying an additional 73,471 shares during the last quarter. Finally, Barlow Wealth Partners Inc. purchased a new position in Walt Disney during the fourth quarter worth approximately $8,856,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Trading Up 0.1 %

DIS stock opened at $105.50 on Thursday. The firm’s fifty day simple moving average is $114.59 and its two-hundred day simple moving average is $101.21. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.39. The Walt Disney Company has a twelve month low of $78.73 and a twelve month high of $123.74. The stock has a market capitalization of $193.52 billion, a price-to-earnings ratio of 65.10, a price-to-earnings-growth ratio of 1.39 and a beta of 1.40.

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

Analyst Ratings Changes

DIS has been the subject of a number of analyst reports. Daiwa Capital Markets restated a “buy” rating and issued a $133.00 price target on shares of Walt Disney in a report on Monday, April 1st. Bank of America increased their target price on Walt Disney from $130.00 to $145.00 and gave the company a “buy” rating in a report on Monday, April 1st. Loop Capital upped their price target on Walt Disney from $113.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday. Morgan Stanley lifted their price target on shares of Walt Disney from $110.00 to $135.00 and gave the company an “overweight” rating in a report on Monday, March 4th. Finally, Argus boosted their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, April 10th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $126.46.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of Walt Disney stock in a transaction 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 transaction, the executive vice president now owns 4,400 shares of the company’s stock, valued at $536,448. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.10% of the stock is currently owned by corporate insiders.

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.