Knuff & Co LLC Sells 5,163 Shares of The Walt Disney Company (NYSE:DIS)

Knuff & Co LLC cut its position in The Walt Disney Company (NYSE:DIS - Free Report) by 20.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,199 shares of the entertainment giant's stock after selling 5,163 shares during the period. Knuff & Co LLC's holdings in Walt Disney were worth $1,943,000 as of its most recent SEC filing.

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

Walt Disney Stock Down 1.0 %

DIS traded down $1.12 during trading hours on Tuesday, hitting $112.42. 12,155,338 shares of the company's stock were exchanged, compared to its average volume of 11,024,916. 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 1-year low of $83.91 and a 1-year high of $123.74. The stock's 50-day moving average is $96.55 and its two-hundred day moving average is $96.60. The stock has a market cap of $203.59 billion, a price-to-earnings ratio of 41.48, a PEG ratio of 1.85 and a beta of 1.40.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Evercore ISI raised their price target on Walt Disney from $128.00 to $134.00 and gave the company an "outperform" rating in a report on Monday. Guggenheim raised their price objective on shares of Walt Disney from $110.00 to $130.00 and gave the company a "buy" rating in a research note on Friday. Raymond James restated a "market perform" rating on shares of Walt Disney in a research report on Tuesday, October 1st. UBS Group reduced their target price on Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a report on Thursday, August 8th. Finally, Bank of America upped their price target on Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a research note on Friday. Five investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $123.83.

Walt Disney 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.