Quest Partners LLC Purchases 7,260 Shares of The Walt Disney Company (NYSE:DIS)

Quest Partners LLC raised its position in The Walt Disney Company (NYSE:DIS - Free Report) by 198.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,916 shares of the entertainment giant's stock after buying an additional 7,260 shares during the period. Quest Partners LLC's holdings in Walt Disney were worth $1,050,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. William B. Walkup & Associates Inc. bought a new position in shares of Walt Disney during the 2nd quarter valued at approximately $32,000. Mascoma Wealth Management LLC grew its position in shares of Walt Disney by 38.0% during the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant's stock valued at $44,000 after acquiring an additional 122 shares during the period. First PREMIER Bank grew its position in shares of Walt Disney by 98.1% during the 3rd 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 position in shares of Walt Disney by 148.7% during the 2nd 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 during the period. Finally, Livelsberger Financial Advisory bought a new position in shares of Walt Disney during the 3rd quarter valued at approximately $57,000. Hedge funds and other institutional investors own 65.71% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on DIS shares. Loop Capital increased their target price on shares of Walt Disney from $120.00 to $125.00 and gave the company a "buy" rating in a research report on Friday, November 15th. Seaport Res Ptn raised shares of Walt Disney from a "hold" rating to a "strong-buy" rating in a report on Monday, September 30th. Morgan Stanley raised their price objective on shares of Walt Disney from $110.00 to $125.00 and gave the stock an "overweight" rating in a report on Friday, November 15th. Piper Sandler started coverage on shares of Walt Disney in a report on Wednesday, October 16th. They issued a "neutral" rating and a $95.00 price objective for the company. Finally, Evercore ISI raised their price objective on shares of Walt Disney from $128.00 to $134.00 and gave the stock an "outperform" rating in a report on Monday. Five equities research 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. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $123.83.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $114.27 on Thursday. The stock has a market cap of $206.94 billion, a PE ratio of 42.17, a PEG ratio of 1.85 and a beta of 1.40. The company's fifty day moving average is $97.07 and its 200 day moving average is $96.72. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 0.37.

About Walt Disney

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.