Primecap Management Co. CA reduced its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 1.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,435,934 shares of the entertainment giant's stock after selling 61,790 shares during the quarter. Primecap Management Co. CA owned about 0.35% of Walt Disney worth $619,072,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. William B. Walkup & Associates Inc. bought a new stake in Walt Disney during the 2nd quarter worth approximately $32,000. Mascoma Wealth Management LLC increased its holdings in Walt Disney by 38.0% during the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant's stock worth $44,000 after acquiring an additional 122 shares during the period. First PREMIER Bank increased its holdings in Walt Disney by 98.1% during the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant's stock worth $50,000 after acquiring an additional 256 shares during the period. Iron Horse Wealth Management LLC increased its holdings in Walt Disney by 148.7% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant's stock worth $55,000 after acquiring an additional 333 shares during the period. 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 currently owned by hedge funds and other institutional investors.
Walt Disney Stock Up 1.6 %
Shares of Walt Disney stock opened at $114.27 on Thursday. 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 company has a 50-day moving average of $97.07 and a 200 day moving average of $96.72. The firm has a market cap of $206.94 billion, a price-to-earnings ratio of 42.17, a PEG ratio of 2.09 and a beta of 1.40. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74.
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on DIS shares. UBS Group decreased their target price on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a report on Thursday, August 8th. Evercore ISI increased their price target on shares of Walt Disney from $128.00 to $134.00 and gave the stock an "outperform" rating in a report on Monday. Bank of America increased their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a report on Friday, November 15th. Guggenheim increased their target price 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. Finally, Sanford C. Bernstein increased their target price on shares of Walt Disney from $115.00 to $120.00 and gave the company an "outperform" rating in a report on Friday, November 15th. Five research 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 stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $123.83.
Get Our Latest Stock Report on DIS
Walt Disney Profile
(
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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Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Walt Disney Company (NYSE:DIS - Free Report).
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