Facet Wealth Inc. Has $215,000 Stake in The Walt Disney Company (NYSE:DIS)

Facet Wealth Inc. trimmed its stake in shares of The Walt Disney Company (NYSE:DIS) by 30.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,942 shares of the entertainment giant’s stock after selling 856 shares during the period. Facet Wealth Inc.’s holdings in Walt Disney were worth $215,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Harbour Investments Inc. lifted its holdings in Walt Disney by 2.1% in the fourth quarter. Harbour Investments Inc. now owns 22,442 shares of the entertainment giant’s stock valued at $2,499,000 after buying an additional 464 shares during the period. Greenwich Wealth Management LLC lifted its holdings in Walt Disney by 6.2% in the fourth quarter. Greenwich Wealth Management LLC now owns 4,072 shares of the entertainment giant’s stock valued at $453,000 after buying an additional 236 shares during the period. one8zero8 LLC acquired a new position in Walt Disney in the fourth quarter valued at approximately $915,000. Choate Investment Advisors lifted its holdings in Walt Disney by 66.4% in the fourth quarter. Choate Investment Advisors now owns 136,622 shares of the entertainment giant’s stock valued at $15,213,000 after buying an additional 54,529 shares during the period. Finally, Frank Rimerman Advisors LLC increased its stake in Walt Disney by 12.5% in the fourth quarter. Frank Rimerman Advisors LLC now owns 18,584 shares of the entertainment giant’s stock valued at $2,069,000 after purchasing an additional 2,058 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DIS has been the subject of several recent analyst reports. Citigroup reaffirmed a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a research note on Wednesday, January 22nd. Jefferies Financial Group initiated coverage on shares of Walt Disney in a research note on Wednesday, December 4th. They issued a “hold” rating and a $120.00 target price for the company. Rosenblatt Securities reaffirmed a “buy” rating and issued a $135.00 target price on shares of Walt Disney in a research note on Monday, February 10th. Prescient Securities lowered their target price on shares of Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Finally, The Goldman Sachs Group upped their target price on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research note on Tuesday, February 4th. Six equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Walt Disney currently has a consensus rating of “Moderate Buy” and an average price target of $125.64.

Walt Disney Stock Up 1.9 %

Walt Disney stock opened at $98.73 on Friday. The company has a market cap of $178.48 billion, a P/E ratio of 32.16, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The company has a fifty day simple moving average of $109.10 and a 200 day simple moving average of $104.35. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Research analysts anticipate that The Walt Disney Company will post 5.47 earnings per share 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.