Townsquare Capital LLC Buys 32,584 Shares of The Walt Disney Company (NYSE:DIS)

Townsquare Capital LLC increased its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 20.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 192,719 shares of the entertainment giant's stock after buying an additional 32,584 shares during the period. Townsquare Capital LLC's holdings in Walt Disney were worth $18,538,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Baldwin Investment Management LLC increased its holdings in shares of Walt Disney by 12.3% in the third quarter. Baldwin Investment Management LLC now owns 8,666 shares of the entertainment giant's stock valued at $834,000 after purchasing an additional 948 shares during the last quarter. Shum Financial Group Inc. acquired a new position in shares of Walt Disney in the third quarter valued at $714,000. J. Stern & Co. LLP increased its holdings in shares of Walt Disney by 3.3% in the third quarter. J. Stern & Co. LLP now owns 320,051 shares of the entertainment giant's stock valued at $30,786,000 after purchasing an additional 10,095 shares during the last quarter. Avestar Capital LLC grew its stake in shares of Walt Disney by 4.9% in the third quarter. Avestar Capital LLC now owns 13,889 shares of the entertainment giant's stock valued at $1,336,000 after acquiring an additional 653 shares in the last quarter. Finally, FMR LLC grew its stake in shares of Walt Disney by 8.7% in the third quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant's stock valued at $3,310,539,000 after acquiring an additional 2,765,389 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Walt Disney news, EVP Brent Woodford sold 5,000 shares of Walt Disney stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total transaction of $568,100.00. Following the transaction, the executive vice president now directly owns 44,055 shares of the company's stock, valued at $5,005,529.10. The trade was a 10.19 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert A. Iger sold 372,412 shares of the business'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 completion of the transaction, the chief executive officer now directly owns 226,767 shares in the company, valued at $25,980,695.19. This trade represents a 62.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.10% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms recently commented on DIS. Raymond James restated a "market perform" rating on shares of Walt Disney in a research note on Tuesday, October 1st. Needham & Company LLC upped their price target on shares of Walt Disney from $110.00 to $130.00 and gave the company a "buy" rating in a research note on Friday, November 15th. Macquarie upped their price objective on shares of Walt Disney from $91.00 to $110.00 and gave the stock a "neutral" rating in a research report on Friday, November 15th. UBS Group cut 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. Finally, Barclays cut their price objective on shares of Walt Disney from $130.00 to $105.00 and set an "overweight" rating for the company in a research report on Thursday, August 8th. Five equities research 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. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $123.83.

Walt Disney Trading Up 2.1 %

NYSE:DIS traded up $2.43 on Wednesday, reaching $117.88. 3,643,029 shares of the stock traded hands, compared to its average volume of 10,955,853. The firm has a market capitalization of $213.47 billion, a price-to-earnings ratio of 42.60, a price-to-earnings-growth ratio of 2.16 and a beta of 1.40. The company's 50 day moving average is $99.03 and its 200-day moving average is $96.86. 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 Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74.

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.