Chesapeake Capital Corp IL Makes New Investment in The Walt Disney Company (NYSE:DIS)

Chesapeake Capital Corp IL bought a new stake in shares of The Walt Disney Company (NYSE:DIS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 4,573 shares of the entertainment giant’s stock, valued at approximately $509,000.

Several other large investors have also modified their holdings of DIS. FPC Investment Advisory Inc. bought a new stake in Walt Disney during the 4th quarter valued at $28,000. Tacita Capital Inc boosted its holdings in shares of Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock valued at $29,000 after buying an additional 124 shares in the last quarter. Midwest Capital Advisors LLC purchased a new position in Walt Disney in the fourth quarter worth $34,000. Bay Harbor Wealth Management LLC acquired a new position in shares of Walt Disney during the fourth quarter worth $35,000. Finally, Vision Financial Markets LLC purchased a new stake in shares of Walt Disney during the 4th quarter valued at $39,000. Institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Morgan Stanley increased their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Citigroup restated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research note on Wednesday, January 22nd. Macquarie restated a “neutral” rating and issued a $110.00 target price on shares of Walt Disney in a research note on Monday, January 6th. Needham & Company LLC reaffirmed a “buy” rating and set a $130.00 target price on shares of Walt Disney in a report on Wednesday, February 5th. Finally, The Goldman Sachs Group upped their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Six investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $125.64.

Walt Disney Stock Down 0.0 %

DIS stock opened at $99.33 on Wednesday. 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 firm has a 50-day moving average of $108.63 and a two-hundred day moving average of $104.58. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. The company has a market cap of $179.56 billion, a price-to-earnings ratio of 32.35, a PEG ratio of 1.80 and a beta of 1.41.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating 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%. As a group, analysts forecast 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.