Northwest Bancshares Inc. lowered its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 40.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 8,341 shares of the entertainment giant's stock after selling 5,697 shares during the period. Northwest Bancshares Inc.'s holdings in Walt Disney were worth $802,000 as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. Quent Capital LLC grew its holdings in Walt Disney by 4.4% in the first quarter. Quent Capital LLC now owns 7,766 shares of the entertainment giant's stock worth $950,000 after purchasing an additional 327 shares during the period. Edgestream Partners L.P. raised its position in Walt Disney by 3.4% in the first quarter. Edgestream Partners L.P. now owns 3,876 shares of the entertainment giant's stock worth $474,000 after acquiring an additional 128 shares during the period. Bessemer Group Inc. raised its position in shares of Walt Disney by 11.2% in the first quarter. Bessemer Group Inc. now owns 53,008 shares of the entertainment giant's stock valued at $6,487,000 after purchasing an additional 5,327 shares during the period. Karpus Management Inc. bought a new stake in Walt Disney during the 1st quarter worth approximately $271,000. Finally, Vident Advisory LLC grew its stake in Walt Disney by 985.8% in the 1st quarter. Vident Advisory LLC now owns 58,809 shares of the entertainment giant's stock worth $7,196,000 after buying an additional 53,393 shares in the last quarter. Institutional investors own 65.71% of the company's stock.
Walt Disney Stock Up 0.6 %
Walt Disney stock traded up $0.73 during trading hours on Wednesday, reaching $113.15. The stock had a trading volume of 5,329,961 shares, compared to its average volume of 10,999,671. The company has a market cap of $204.91 billion, a price-to-earnings ratio of 41.48, a PEG ratio of 1.85 and a beta of 1.40. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.67. The business's 50 day moving average price is $96.55 and its 200-day moving average price is $96.60. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74.
Analyst Ratings Changes
A number of equities research analysts recently commented on DIS shares. Barclays lowered their price target on shares of Walt Disney from $130.00 to $105.00 and set an "overweight" rating for the company in a report on Thursday, August 8th. Piper Sandler started coverage on shares of Walt Disney in a report on Wednesday, October 16th. They set a "neutral" rating and a $95.00 price target for the company. Guggenheim upped their price target on shares of Walt Disney from $110.00 to $130.00 and gave the company a "buy" rating in a report on Friday, November 15th. Sanford C. Bernstein upped their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "outperform" rating in a report on Friday, November 15th. Finally, TD Cowen upped their price objective on shares of Walt Disney from $108.00 to $123.00 and gave the stock a "hold" rating in a report on Friday, November 15th. Five research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $123.83.
Check Out Our Latest Analysis on Walt Disney
About Walt Disney
(
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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