Fifth Third Wealth Advisors LLC Purchases 26,590 Shares of The Walt Disney Company (NYSE:DIS)

Fifth Third Wealth Advisors LLC increased its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 65.2% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 67,389 shares of the entertainment giant's stock after purchasing an additional 26,590 shares during the period. Fifth Third Wealth Advisors LLC's holdings in Walt Disney were worth $6,482,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. William B. Walkup & Associates Inc. acquired a new stake in shares of Walt Disney in the second quarter valued at approximately $32,000. Mascoma Wealth Management LLC raised its position 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 valued at $44,000 after buying an additional 122 shares in the last quarter. First PREMIER Bank raised 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 buying an additional 256 shares in the last quarter. Iron Horse Wealth Management LLC raised its position in shares of Walt Disney by 148.7% in the second quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant's stock valued at $55,000 after buying an additional 333 shares in the last quarter. Finally, Livelsberger Financial Advisory acquired a new stake in shares of Walt Disney in the third quarter valued at approximately $57,000. Institutional investors own 65.71% of the company's stock.

Analysts Set New Price Targets

Several brokerages have commented on DIS. Wells Fargo & Company boosted their price objective on shares of Walt Disney from $116.00 to $138.00 and gave the company an "overweight" rating in a research report on Friday. Guggenheim boosted their price objective on shares of Walt Disney from $110.00 to $130.00 and gave the company a "buy" rating in a research report on Friday. UBS Group lowered their price objective on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating for the company in a research report on Thursday, August 8th. Macquarie boosted their price objective on shares of Walt Disney from $91.00 to $110.00 and gave the company a "neutral" rating in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Walt Disney from $115.00 to $131.00 and gave the company a "buy" rating in a research report on Friday. Five analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $123.83.

Walt Disney Trading Down 1.7 %

Shares of NYSE DIS traded down $1.88 during midday trading on Tuesday, hitting $111.66. 6,780,883 shares of the company traded hands, compared to its average volume of 11,000,938. The firm has a market cap of $202.21 billion, a P/E ratio of 41.19, a P/E/G ratio of 1.85 and a beta of 1.40. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.67 and a current ratio of 0.73. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The stock has a 50-day moving average price of $96.07 and a 200 day moving average price of $96.60.

Walt Disney 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.