MSA Advisors LLC Purchases 10,930 Shares of The Walt Disney Company (NYSE:DIS)

MSA Advisors LLC raised its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 12.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 101,170 shares of the entertainment giant's stock after acquiring an additional 10,930 shares during the quarter. Walt Disney makes up approximately 2.5% of MSA Advisors LLC's investment portfolio, making the stock its 12th largest position. MSA Advisors LLC's holdings in Walt Disney were worth $9,732,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Swedbank AB acquired a new position in Walt Disney in the 1st quarter valued at approximately $493,715,000. Farallon Capital Management LLC acquired a new stake in Walt Disney in the second quarter valued at $355,673,000. International Assets Investment Management LLC raised its position in Walt Disney by 12,574.4% during the 3rd quarter. International Assets Investment Management LLC now owns 3,426,393 shares of the entertainment giant's stock worth $329,585,000 after purchasing an additional 3,399,359 shares during the last quarter. Van ECK Associates Corp grew its position in shares of Walt Disney by 114.4% in the 3rd quarter. Van ECK Associates Corp now owns 4,307,794 shares of the entertainment giant's stock valued at $414,582,000 after buying an additional 2,298,921 shares during the last quarter. Finally, Janus Henderson Group PLC grew its position in shares of Walt Disney by 663.0% in the 1st quarter. Janus Henderson Group PLC now owns 1,897,850 shares of the entertainment giant's stock valued at $232,217,000 after buying an additional 1,649,115 shares during the last quarter. Institutional investors own 65.71% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Bank of America upped their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a research note on Friday, November 15th. Evercore ISI upped their target price on Walt Disney from $128.00 to $134.00 and gave the company an "outperform" rating in a research report on Monday, November 18th. Raymond James reiterated a "market perform" rating on shares of Walt Disney in a report on Tuesday, October 1st. Piper Sandler assumed coverage on Walt Disney in a research note on Wednesday, October 16th. They issued a "neutral" rating and a $95.00 price target on the stock. Finally, Needham & Company LLC raised their price objective on shares of Walt Disney from $110.00 to $130.00 and gave the stock a "buy" rating in a research report on Friday, November 15th. Five investment 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $123.83.

Walt Disney Stock Performance

Shares of Walt Disney stock traded up $0.35 during mid-day trading on Monday, hitting $116.00. 9,917,764 shares of the stock were exchanged, compared to its average volume of 11,005,228. The company has a market capitalization of $210.07 billion, a P/E ratio of 42.68, a P/E/G ratio of 2.15 and a beta of 1.40. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.67 and a current ratio of 0.73. The company has a 50-day simple moving average of $98.09 and a 200 day simple moving average of $96.72. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74.

Insiders Place Their Bets

In related news, CEO Robert A. Iger sold 372,412 shares of Walt Disney stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $114.57, for a total value of $42,667,242.84. Following the completion of the transaction, the chief executive officer now directly owns 226,767 shares in the company, valued at approximately $25,980,695.19. The trade was a 62.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Brent Woodford sold 5,000 shares of the stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total value of $568,100.00. Following the sale, the executive vice president now owns 44,055 shares in the company, valued at approximately $5,005,529.10. This represents a 10.19 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.10% of the company's stock.

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.