Carret Asset Management LLC Has $7.51 Million Holdings in The Walt Disney Company (NYSE:DIS)

Carret Asset Management LLC lessened its stake in The Walt Disney Company (NYSE:DIS) by 0.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,416 shares of the entertainment giant’s stock after selling 577 shares during the quarter. Carret Asset Management LLC’s holdings in Walt Disney were worth $7,507,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. FPC Investment Advisory Inc. acquired a new stake in shares of Walt Disney during the 4th quarter worth approximately $28,000. Tacita Capital Inc grew its position in shares of Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after buying an additional 124 shares during the period. Midwest Capital Advisors LLC acquired a new stake in shares of Walt Disney during the 4th quarter worth approximately $34,000. Bay Harbor Wealth Management LLC acquired a new stake in shares of Walt Disney during the 4th quarter worth approximately $35,000. Finally, Vision Financial Markets LLC acquired a new stake in shares of Walt Disney during the 4th quarter worth approximately $39,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

DIS has been the subject of several analyst reports. Evercore ISI lifted their price target on shares of Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. Morgan Stanley lifted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Jefferies Financial Group assumed coverage on shares of Walt Disney in a research note on Wednesday, December 4th. They set a “hold” rating and a $120.00 price objective on the stock. Needham & Company LLC reissued a “buy” rating and set a $130.00 price objective on shares of Walt Disney in a research note on Wednesday, February 5th. Finally, Macquarie reissued a “neutral” rating and set a $110.00 price objective on shares of Walt Disney in a research note on Monday, January 6th. Six investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $125.64.

Walt Disney Stock Performance

Shares of DIS stock opened at $96.76 on Friday. The stock has a market cap of $174.91 billion, a P/E ratio of 31.52, a P/E/G ratio of 1.80 and a beta of 1.41. 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 fifty day moving average price of $109.35 and a two-hundred day moving average price of $104.30. 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 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%. As a group, 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.