98,084 Shares in The Walt Disney Company (NYSE:DIS) Acquired by Barlow Wealth Partners Inc.

Barlow Wealth Partners Inc. bought a new position in The Walt Disney Company (NYSE:DIS) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 98,084 shares of the entertainment giant’s stock, valued at approximately $8,856,000.

Several other hedge funds also recently modified their holdings of the business. Trian Fund Management L.P. boosted its holdings in shares of Walt Disney by 411.6% in the third 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 buying an additional 26,443,257 shares during the period. First Eagle Investment Management LLC acquired a new stake in shares of Walt Disney in the 3rd quarter valued at about $326,171,000. International Assets Investment Management LLC boosted its position in shares of Walt Disney by 8,681.3% during the fourth quarter. International Assets Investment Management LLC now owns 3,349,709 shares of the entertainment giant’s stock worth $302,445,000 after buying an additional 3,311,563 shares during the period. Loomis Sayles & Co. L P lifted its stake in Walt Disney by 21.0% in the 3rd quarter. Loomis Sayles & Co. L P now owns 14,416,343 shares of the entertainment giant’s stock valued at $1,168,444,000 after acquiring an additional 2,505,486 shares in the last quarter. Finally, Northern Trust Corp grew its stake in shares of Walt Disney by 10.6% during the 3rd 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 in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Tigress Financial reaffirmed a “buy” rating and issued a $136.00 target price on shares of Walt Disney in a research report on Wednesday, February 21st. Barclays dropped their price target on Walt Disney from $135.00 to $130.00 and set an “overweight” rating on the stock in a research note on Wednesday. Evercore ISI reduced their price objective on shares of Walt Disney from $130.00 to $128.00 and set an “outperform” rating for the company in a research report on Wednesday. Bank of America raised their price objective on shares of Walt Disney from $130.00 to $145.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. Finally, Macquarie lifted their price objective on shares of Walt Disney from $94.00 to $104.00 and gave the stock a “neutral” rating in a research note on Thursday, February 8th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $126.46.

Insider Transactions at Walt Disney

In related news, EVP Sonia L. Coleman sold 1,857 shares of the firm’s stock in a transaction on Monday, April 1st. The stock was 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 filing with the SEC, which can be accessed through this link. Corporate insiders own 0.10% of the company’s stock.

Walt Disney Stock Performance

Walt Disney stock traded up $0.05 during mid-day trading on Wednesday, reaching $105.44. 15,135,997 shares of the stock traded hands, compared to its average volume of 12,100,998. The business’s 50-day moving average is $114.59 and its 200-day moving average is $101.21. The stock has a market capitalization of $193.41 billion, a PE ratio of 65.12, a price-to-earnings-growth ratio of 1.39 and a beta of 1.40. The Walt Disney Company has a 12-month low of $78.73 and a 12-month high of $123.74. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.84 and a quick ratio of 0.77.

Walt Disney (NYSE:DIS) last announced 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. The business had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $22.12 billion. Walt Disney had a net margin of 3.36% and a return on equity of 7.88%. The firm’s revenue was up 1.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.93 earnings per share. As a group, sell-side analysts predict that The Walt Disney Company will post 4.7 EPS for the current fiscal year.

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.