Blueprint Investment Partners LLC Takes $771,000 Position in The Walt Disney Company (NYSE:DIS)

Blueprint Investment Partners LLC purchased a new stake in The Walt Disney Company (NYSE:DIS) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 6,923 shares of the entertainment giant’s stock, valued at approximately $771,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brookstone Capital Management grew its position in shares of Walt Disney by 10.5% during the 4th quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant’s stock worth $15,687,000 after buying an additional 13,339 shares during the period. Greystone Financial Group LLC grew its holdings in Walt Disney by 13.3% during the 4th quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant’s stock worth $9,486,000 after acquiring an additional 9,967 shares during the period. Avanza Fonder AB bought a new stake in shares of Walt Disney during the 4th quarter valued at $15,125,000. Swedbank AB lifted its stake in shares of Walt Disney by 14.4% in the 4th quarter. Swedbank AB now owns 3,361,792 shares of the entertainment giant’s stock valued at $374,336,000 after purchasing an additional 422,339 shares during the period. Finally, FourThought Financial Partners LLC acquired a new stake in shares of Walt Disney during the fourth quarter worth $446,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have weighed in on DIS shares. Morgan Stanley increased their target price on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Loop Capital lifted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, March 4th. The Goldman Sachs Group boosted their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Rosenblatt Securities reissued a “buy” rating and set a $135.00 price target on shares of Walt Disney in a research report on Monday, February 10th. Finally, Needham & Company LLC restated a “buy” rating and issued a $130.00 price objective on shares of Walt Disney in a research report on Wednesday, February 5th. Six investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney Price Performance

NYSE:DIS opened at $99.51 on Friday. The firm’s fifty day moving average price is $108.04 and its two-hundred day moving average price is $104.67. 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 company has a market cap of $179.89 billion, a P/E ratio of 32.41, a P/E/G ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74.

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

Walt Disney Profile

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.