Catalyst Financial Partners LLC Has $367,000 Stock Holdings in The Walt Disney Company (NYSE:DIS)

Catalyst Financial Partners LLC increased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 53.0% in the 4th quarter, HoldingsChannel reports. The firm owned 4,061 shares of the entertainment giant’s stock after acquiring an additional 1,406 shares during the period. Catalyst Financial Partners LLC’s holdings in Walt Disney were worth $367,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Trian Fund Management L.P. grew its position in shares of Walt Disney by 411.6% during the 3rd quarter. Trian Fund Management L.P. now owns 32,868,307 shares of the entertainment giant’s stock worth $2,663,976,000 after buying an additional 26,443,257 shares during the period. First Eagle Investment Management LLC bought a new position in Walt Disney during the third quarter worth $326,171,000. International Assets Investment Management LLC grew its holdings in Walt Disney by 8,681.3% in the fourth quarter. International Assets Investment Management LLC now owns 3,349,709 shares of the entertainment giant’s stock worth $302,445,000 after purchasing an additional 3,311,563 shares during the period. Loomis Sayles & Co. L P increased its stake in Walt Disney by 21.0% in the third quarter. Loomis Sayles & Co. L P now owns 14,416,343 shares of the entertainment giant’s stock valued at $1,168,444,000 after purchasing an additional 2,505,486 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Walt Disney by 10.6% during the third quarter. Northern Trust Corp now owns 24,859,476 shares of the entertainment giant’s stock valued at $2,014,861,000 after purchasing an additional 2,384,407 shares during the period. 65.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

DIS has been the subject of several research reports. UBS Group reduced their target price on Walt Disney from $140.00 to $130.00 and set a “buy” rating for the company in a research note on Wednesday. Raymond James boosted 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. Daiwa Capital Markets reaffirmed a “buy” rating and set a $133.00 target price on shares of Walt Disney in a research report on Monday, April 1st. Tigress Financial reissued a “buy” rating and issued a $136.00 price target on shares of Walt Disney in a research report on Wednesday, February 21st. Finally, Loop Capital boosted their price target on shares of Walt Disney from $113.00 to $140.00 and gave the company a “buy” rating in a research note on Monday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target 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 stock was sold at an average price of $121.92, for a total transaction of $226,405.44. Following the transaction, the executive vice president now owns 4,400 shares of the company’s stock, valued at approximately $536,448. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.10% of the stock is owned by corporate insiders.

Walt Disney Stock Performance

Shares of NYSE DIS traded up $0.07 during mid-day trading on Wednesday, reaching $105.46. 15,221,881 shares of the company’s stock were exchanged, compared to its average volume of 12,100,998. The firm has a market capitalization of $193.45 billion, a price-to-earnings ratio of 65.10, a price-to-earnings-growth ratio of 1.39 and a beta of 1.40. The firm has a 50-day moving average price of $114.59 and a two-hundred day moving average price of $101.21. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.84 and a quick ratio of 0.77. The Walt Disney Company has a 52 week low of $78.73 and a 52 week high of $123.74.

Walt Disney (NYSE:DIS) last released its 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 net margin of 3.36% and a return on equity of 7.88%. The firm had revenue of $22.08 billion for the quarter, compared to analysts’ expectations of $22.12 billion. During the same period in the previous year, the company earned $0.93 earnings per share. The company’s quarterly revenue was up 1.2% on a year-over-year basis. 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.