May Hill Capital LLC Invests $233,000 in The Walt Disney Company (NYSE:DIS)

May Hill Capital LLC bought a new stake in The Walt Disney Company (NYSE:DIS) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,095 shares of the entertainment giant’s stock, valued at approximately $233,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Headlands Technologies LLC purchased a new position in shares of Walt Disney in the fourth quarter worth about $124,000. Geode Capital Management LLC increased its position in shares of Walt Disney by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 38,482,309 shares of the entertainment giant’s stock worth $4,272,590,000 after purchasing an additional 809,989 shares during the last quarter. StoneX Group Inc. bought a new stake in shares of Walt Disney during the 4th quarter worth $1,266,000. HighPoint Advisor Group LLC boosted its holdings in shares of Walt Disney by 3.3% in the 4th quarter. HighPoint Advisor Group LLC now owns 76,344 shares of the entertainment giant’s stock worth $8,355,000 after purchasing an additional 2,471 shares in the last quarter. Finally, Family Legacy Inc. boosted its stake in shares of Walt Disney by 4.7% in the 4th quarter. Family Legacy Inc. now owns 14,109 shares of the entertainment giant’s stock valued at $1,549,000 after purchasing an additional 628 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on the company. Prescient Securities lowered their price target on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. Jefferies Financial Group started 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 on the stock. Loop Capital lifted their target price on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Citigroup reaffirmed a “buy” rating and set a $125.00 price target on shares of Walt Disney in a report on Wednesday, January 22nd. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $135.00 price objective on shares of Walt Disney in a report on Monday, February 10th. Six analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $125.33.

Walt Disney Stock Down 1.1 %

Shares of NYSE:DIS opened at $97.63 on Wednesday. The business has a 50 day simple moving average of $106.92 and a two-hundred day simple moving average of $105.32. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.69. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The firm has a market capitalization of $176.49 billion, a PE ratio of 31.80, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. On average, equities analysts predict that The Walt Disney Company will post 5.47 EPS for the current 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.