Clearwater Capital Advisors LLC Invests $223,000 in The Walt Disney Company (NYSE:DIS)

Clearwater Capital Advisors LLC acquired a new stake in shares of The Walt Disney Company (NYSE:DIS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,468 shares of the entertainment giant’s stock, valued at approximately $223,000.

Several other large investors also recently bought and sold shares of the business. Evolution Advisers Inc. raised its holdings in shares of Walt Disney by 38.2% during the fourth quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock valued at $34,000 after acquiring an additional 105 shares during the last quarter. Gradient Capital Advisors LLC raised its position in shares of Walt Disney by 2.9% in the fourth quarter. Gradient Capital Advisors LLC now owns 3,975 shares of the entertainment giant’s stock valued at $359,000 after buying an additional 111 shares during the last quarter. First Business Financial Services Inc. lifted its stake in shares of Walt Disney by 0.7% in the third quarter. First Business Financial Services Inc. now owns 16,514 shares of the entertainment giant’s stock worth $1,338,000 after buying an additional 113 shares in the last quarter. Royal Fund Management LLC grew its stake in Walt Disney by 2.4% during the 4th quarter. Royal Fund Management LLC now owns 4,880 shares of the entertainment giant’s stock valued at $441,000 after acquiring an additional 113 shares in the last quarter. Finally, Kelman Lazarov Inc. raised its holdings in Walt Disney by 3.4% in the 4th quarter. Kelman Lazarov Inc. now owns 3,583 shares of the entertainment giant’s stock valued at $324,000 after acquiring an additional 117 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on DIS shares. Deutsche Bank Aktiengesellschaft upped their price target on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Monday. Bank of America boosted their price target on shares of Walt Disney from $130.00 to $145.00 and gave the company a “buy” rating in a research report on Monday, April 1st. Needham & Company LLC reaffirmed a “buy” rating and set a $145.00 target price on shares of Walt Disney in a research note on Tuesday. Wells Fargo & Company increased their price target on shares of Walt Disney from $128.00 to $141.00 and gave the company an “overweight” rating in a research note on Tuesday, April 23rd. Finally, Raymond James upped their price objective on Walt Disney from $112.00 to $128.00 and gave the company an “outperform” rating in a report on Tuesday, March 26th. One 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 stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $126.46.

Insider Buying and Selling at Walt Disney

In other news, EVP Sonia L. Coleman sold 1,857 shares of the company’s 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 in the company, valued at approximately $536,448. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.10% of the stock is currently owned by insiders.

Walt Disney Stock Up 0.1 %

Walt Disney stock traded up $0.07 during trading on Wednesday, reaching $105.46. The stock had a trading volume of 15,221,881 shares, compared to its average volume of 12,100,998. The Walt Disney Company has a 52-week low of $78.73 and a 52-week high of $123.74. The business has a 50 day moving average price of $114.59 and a 200 day moving average price of $101.21. The stock has a market cap of $193.45 billion, a PE ratio of 65.10, a P/E/G ratio of 1.39 and a beta of 1.40. The company has a quick ratio of 0.77, a current ratio of 0.84 and a debt-to-equity ratio of 0.39.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share 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 company 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 earnings per share. Walt Disney’s quarterly revenue was up 1.2% on a year-over-year basis. On average, analysts predict that The Walt Disney Company will post 4.7 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.