OneAscent Financial Services LLC acquired a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,026 shares of the entertainment giant's stock, valued at approximately $580,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in DIS. Quent Capital LLC raised its holdings in shares of Walt Disney by 4.4% during the first quarter. Quent Capital LLC now owns 7,766 shares of the entertainment giant's stock worth $950,000 after acquiring an additional 327 shares during the period. Edgestream Partners L.P. raised its holdings in shares of Walt Disney by 3.4% during 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 holdings in shares of Walt Disney by 11.2% during the first quarter. Bessemer Group Inc. now owns 53,008 shares of the entertainment giant's stock worth $6,487,000 after acquiring an additional 5,327 shares during the period. Karpus Management Inc. acquired a new stake in shares of Walt Disney during the first quarter worth $271,000. Finally, Natixis Investment Managers International increased its stake in Walt Disney by 71.0% in the 1st quarter. Natixis Investment Managers International now owns 340,442 shares of the entertainment giant's stock valued at $41,656,000 after buying an additional 141,320 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.
Walt Disney Trading Down 1.0 %
NYSE DIS traded down $1.12 on Tuesday, hitting $112.42. The company's stock had a trading volume of 12,155,338 shares, compared to its average volume of 11,024,916. The company's 50-day moving average is $96.55 and its 200 day moving average is $96.60. 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 firm has a market cap of $203.59 billion, a PE ratio of 41.48, a PEG ratio of 1.85 and a beta of 1.40.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on DIS. Needham & Company LLC lifted their price target on shares of Walt Disney from $110.00 to $130.00 and gave the company a "buy" rating in a research note on Friday. UBS Group lowered 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. Morgan Stanley lifted their price target on shares of Walt Disney from $110.00 to $125.00 and gave the company an "overweight" rating in a research note on Friday. Loop Capital lifted their price target on shares of Walt Disney from $120.00 to $125.00 and gave the company a "buy" rating in a research note on Friday. Finally, Macquarie lifted their price target on shares of Walt Disney from $91.00 to $110.00 and gave the company a "neutral" 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 assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $123.83.
Check Out Our Latest Report 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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