Charles Schwab Investment Management Inc. boosted its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 1.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,411,205 shares of the entertainment giant's stock after buying an additional 114,701 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.57% of Walt Disney worth $1,001,454,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also recently made changes to their positions in the stock. William B. Walkup & Associates Inc. bought a new stake in Walt Disney during the second quarter valued at approximately $32,000. Mascoma Wealth Management LLC lifted its holdings in shares of Walt Disney by 38.0% during the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant's stock worth $44,000 after acquiring an additional 122 shares during the last quarter. First PREMIER Bank grew its position in Walt Disney by 98.1% in the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant's stock worth $50,000 after acquiring an additional 256 shares in the last quarter. Iron Horse Wealth Management LLC increased its stake in Walt Disney by 148.7% in the second quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant's stock valued at $55,000 after acquiring an additional 333 shares during the last quarter. Finally, Livelsberger Financial Advisory purchased a new stake in Walt Disney during the third quarter valued at about $57,000. 65.71% of the stock is owned by institutional investors.
Insider Activity at Walt Disney
In other news, EVP Brent Woodford sold 5,000 shares of the business's stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total transaction of $568,100.00. Following the completion of the sale, the executive vice president now owns 44,055 shares in the company, valued at approximately $5,005,529.10. The trade was a 10.19 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.10% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
DIS has been the subject of several analyst reports. JPMorgan Chase & Co. cut their price target on shares of Walt Disney from $135.00 to $125.00 and set an "overweight" rating for the company in a research report on Thursday, August 8th. Guggenheim increased their target price on Walt Disney from $110.00 to $130.00 and gave the company a "buy" rating in a report on Friday, November 15th. Macquarie boosted their price objective on Walt Disney from $91.00 to $110.00 and gave the company a "neutral" rating in a research report on Friday, November 15th. Evercore ISI increased their price objective on Walt Disney from $128.00 to $134.00 and gave the company an "outperform" rating in a research note on Monday. Finally, Seaport Res Ptn raised shares of Walt Disney from a "hold" rating to a "strong-buy" rating in a research note on Monday, September 30th. Five investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Walt Disney presently has an average rating of "Moderate Buy" and an average price target of $123.83.
Get Our Latest Analysis on Walt Disney
Walt Disney Stock Performance
NYSE DIS traded up $0.85 during trading hours on Thursday, hitting $115.11. 7,877,092 shares of the stock were exchanged, compared to its average volume of 11,013,997. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. 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 $208.46 billion, a price-to-earnings ratio of 42.48, a price-to-earnings-growth ratio of 2.09 and a beta of 1.40. The stock has a 50-day moving average of $97.59 and a 200 day moving average of $96.85.
Walt Disney Company Profile
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Free Report)
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.
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