146,373 Shares in The Walt Disney Company (NYSE:DIS) Purchased by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in The Walt Disney Company (NYSE:DIS - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 146,373 shares of the entertainment giant's stock, valued at approximately $14,079,000.

Several other institutional investors have also modified their holdings of the company. William B. Walkup & Associates Inc. acquired a new position in shares of Walt Disney during the 2nd quarter worth about $32,000. Mascoma Wealth Management LLC increased its stake in Walt Disney by 38.0% in the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant's stock valued at $44,000 after purchasing an additional 122 shares during the last quarter. First PREMIER Bank raised its holdings in Walt Disney by 98.1% during the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant's stock worth $50,000 after purchasing an additional 256 shares in the last quarter. Iron Horse Wealth Management LLC lifted its position in shares of Walt Disney by 148.7% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant's stock worth $55,000 after buying an additional 333 shares during the last quarter. Finally, Livelsberger Financial Advisory acquired a new position in shares of Walt Disney in the 3rd quarter valued at $57,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on DIS shares. UBS Group cut their price target on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a research note on Thursday, August 8th. Raymond James reiterated a "market perform" rating on shares of Walt Disney in a research note on Tuesday, October 1st. Bank of America lifted their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a research note on Friday. Needham & Company LLC lifted their price target on shares of Walt Disney from $110.00 to $130.00 and gave the stock a "buy" rating in a research note on Friday. Finally, JPMorgan Chase & Co. cut their price target on shares of Walt Disney from $135.00 to $125.00 and set an "overweight" rating on the stock in a research note on Thursday, August 8th. Five research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $123.83.

Walt Disney Stock Performance

Shares of NYSE:DIS traded down $1.12 during midday trading on Tuesday, hitting $112.42. The stock had a trading volume of 12,155,338 shares, compared to its average volume of 11,024,916. The company has a market capitalization of $203.59 billion, a PE ratio of 41.19, a P/E/G ratio of 1.85 and a beta of 1.40. The stock has a 50 day moving average price of $96.07 and a two-hundred day moving average price of $96.60. The company has a current ratio of 0.73, a quick ratio of 0.67 and a debt-to-equity ratio of 0.37. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74.

Walt Disney Company 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.