Thrivent Financial for Lutherans Trims Holdings in The Walt Disney Company (NYSE:DIS)

Thrivent Financial for Lutherans decreased its holdings in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 3.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 176,398 shares of the entertainment giant's stock after selling 6,578 shares during the period. Thrivent Financial for Lutherans' holdings in Walt Disney were worth $16,967,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. William B. Walkup & Associates Inc. purchased a new position in Walt Disney during the second quarter valued at approximately $32,000. Mascoma Wealth Management LLC lifted its stake 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 buying an additional 122 shares in the last quarter. First PREMIER Bank boosted its holdings in Walt Disney by 98.1% in the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant's stock worth $50,000 after buying an additional 256 shares during the period. Iron Horse Wealth Management LLC boosted its holdings in Walt Disney by 148.7% in the 2nd quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant's stock worth $55,000 after buying an additional 333 shares during the period. Finally, Livelsberger Financial Advisory purchased a new stake in Walt Disney in the 3rd quarter worth $57,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on DIS shares. Evercore ISI upped their price objective on Walt Disney from $128.00 to $134.00 and gave the stock an "outperform" rating in a research note on Monday. Raymond James restated a "market perform" rating on shares of Walt Disney in a research note on Tuesday, October 1st. Bank of America lifted their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a research report on Friday, November 15th. Sanford C. Bernstein upped their target price on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "outperform" rating in a research report on Friday, November 15th. Finally, Loop Capital lifted their price target on shares of Walt Disney from $120.00 to $125.00 and gave the company a "buy" rating in a report on Friday, November 15th. Five equities 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 company. According to data from MarketBeat.com, Walt Disney presently has a consensus rating of "Moderate Buy" and a consensus target price of $123.83.

Walt Disney Price Performance

Walt Disney stock opened at $114.27 on Thursday. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The company has a current ratio of 0.73, a quick ratio of 0.67 and a debt-to-equity ratio of 0.37. The firm has a 50-day moving average price of $97.07 and a 200-day moving average price of $96.72. The firm has a market capitalization of $206.94 billion, a PE ratio of 42.17, a price-to-earnings-growth ratio of 1.85 and a beta of 1.40.

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.