Pathstone Holdings LLC Increases Holdings in The Walt Disney Company (NYSE:DIS)

Pathstone Holdings LLC raised its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 17.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,357,829 shares of the entertainment giant's stock after purchasing an additional 199,570 shares during the quarter. Walt Disney accounts for 0.6% of Pathstone Holdings LLC's investment portfolio, making the stock its 25th largest position. Pathstone Holdings LLC owned approximately 0.07% of Walt Disney worth $130,610,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in DIS. William B. Walkup & Associates Inc. purchased a new stake in Walt Disney during the 2nd quarter worth about $32,000. Mascoma Wealth Management LLC lifted 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 worth $44,000 after buying an additional 122 shares in the last quarter. First PREMIER Bank boosted its position in shares of Walt Disney by 98.1% in the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant's stock valued at $50,000 after acquiring an additional 256 shares during the period. Iron Horse Wealth Management LLC grew its stake in Walt Disney by 148.7% during 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 in the last quarter. Finally, Livelsberger Financial Advisory bought a new stake in Walt Disney during the 3rd quarter worth approximately $57,000. 65.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on DIS shares. Seaport Res Ptn upgraded shares of Walt Disney from a "hold" rating to a "strong-buy" rating in a research report on Monday, September 30th. Loop Capital boosted their target price on Walt Disney from $120.00 to $125.00 and gave the stock a "buy" rating in a research report on Friday. Needham & Company LLC upped their target price on Walt Disney from $110.00 to $130.00 and gave the stock a "buy" rating in a research note on Friday. JPMorgan Chase & Co. dropped their price target on Walt Disney from $135.00 to $125.00 and set an "overweight" rating for the company in a research report on Thursday, August 8th. Finally, Sanford C. Bernstein boosted their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "outperform" rating in a research note on Friday. Five investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $123.83.

Walt Disney Trading Down 1.0 %

DIS traded down $1.12 during midday trading on Tuesday, reaching $112.42. 12,155,338 shares of the company's stock traded hands, compared to its average volume of 11,024,916. The stock has a market capitalization of $203.59 billion, a price-to-earnings ratio of 41.48, a P/E/G ratio of 1.85 and a beta of 1.40. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The firm has a fifty day moving average of $96.55 and a two-hundred day moving average of $96.60. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.67.

Walt Disney Company 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.