DRW Securities LLC Has $1.68 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

DRW Securities LLC trimmed its position in The Walt Disney Company (NYSE:DIS - Free Report) by 27.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,435 shares of the entertainment giant's stock after selling 6,618 shares during the quarter. DRW Securities LLC's holdings in Walt Disney were worth $1,677,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of New York Mellon Corp grew its stake in shares of Walt Disney by 10.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 14,883,983 shares of the entertainment giant's stock valued at $1,477,831,000 after purchasing an additional 1,449,730 shares during the period. Legal & General Group Plc raised its stake in Walt Disney by 3.1% during the second quarter. Legal & General Group Plc now owns 14,281,047 shares of the entertainment giant's stock worth $1,417,958,000 after acquiring an additional 425,438 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Walt Disney by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 10,411,205 shares of the entertainment giant's stock valued at $1,001,454,000 after acquiring an additional 114,701 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Walt Disney by 1.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,953,903 shares of the entertainment giant's stock valued at $988,290,000 after purchasing an additional 102,210 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Walt Disney by 17.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 7,197,458 shares of the entertainment giant's stock worth $714,806,000 after purchasing an additional 1,047,560 shares during the last quarter. 65.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on DIS shares. Guggenheim lifted their price target 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. Evercore ISI lifted their target price on shares of Walt Disney from $128.00 to $134.00 and gave the company an "outperform" rating in a research note on Monday, November 18th. Sanford C. Bernstein raised their price target on Walt Disney from $115.00 to $120.00 and gave the company an "outperform" rating in a report on Friday, November 15th. TD Cowen boosted their price objective on Walt Disney from $108.00 to $123.00 and gave the stock a "hold" rating in a research note on Friday, November 15th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Walt Disney from $115.00 to $131.00 and gave the company a "buy" rating in a research note on Friday, November 15th. Five analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $123.83.

Walt Disney Trading Down 0.0 %

Shares of Walt Disney stock traded down $0.05 during trading on Tuesday, hitting $115.95. 1,629,995 shares of the company were exchanged, compared to its average volume of 10,965,662. The firm has a market capitalization of $209.98 billion, a P/E ratio of 42.80, a price-to-earnings-growth ratio of 2.15 and a beta of 1.40. The firm's fifty day moving average price is $98.57 and its 200 day moving average price is $96.79. 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 Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74.

Insider Activity at Walt Disney

In other news, CEO Robert A. Iger sold 372,412 shares of the firm's stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the sale, the chief executive officer now owns 226,767 shares of the company's stock, valued at $25,980,695.19. This trade represents a 62.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Brent Woodford sold 5,000 shares of the stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total value of $568,100.00. Following the sale, the executive vice president now directly owns 44,055 shares of the company's stock, valued at approximately $5,005,529.10. The trade was a 10.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.10% of the company's stock.

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.