McGinn Penninger Investment Management Inc. Has $5.05 Million Stock Position in The Walt Disney Company (NYSE:DIS)

McGinn Penninger Investment Management Inc. boosted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 1.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 52,519 shares of the entertainment giant’s stock after acquiring an additional 820 shares during the period. Walt Disney makes up approximately 3.4% of McGinn Penninger Investment Management Inc.’s investment portfolio, making the stock its 11th largest holding. McGinn Penninger Investment Management Inc.’s holdings in Walt Disney were worth $5,052,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of DIS. ESL Trust Services LLC acquired a new position in shares of Walt Disney during the first quarter worth about $31,000. William B. Walkup & Associates Inc. acquired a new position in Walt Disney during the 2nd quarter worth approximately $32,000. Mascoma Wealth Management LLC grew 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 worth $44,000 after acquiring an additional 122 shares in the last quarter. First PREMIER Bank raised its holdings 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 purchasing an additional 256 shares during the last quarter. Finally, Iron Horse Wealth Management LLC lifted 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 worth $55,000 after purchasing an additional 333 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Trading Up 7.3 %

Shares of Walt Disney stock traded up $7.47 on Thursday, hitting $110.19. 31,003,625 shares of the company’s stock traded hands, compared to its average volume of 10,835,803. The company has a fifty day moving average of $94.62 and a two-hundred day moving average of $96.69. The company has a market capitalization of $199.84 billion, a price-to-earnings ratio of 43.52, a price-to-earnings-growth ratio of 1.64 and a beta of 1.40. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Walt Disney from $130.00 to $115.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. JPMorgan Chase & Co. dropped their target price on Walt Disney from $135.00 to $125.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. Barclays decreased their price target on Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Loop Capital cut their price objective on Walt Disney from $139.00 to $130.00 and set a “buy” rating for the company in a report on Tuesday, July 30th. Finally, Macquarie lowered their target price on shares of Walt Disney from $94.00 to $91.00 and set a “neutral” rating on the stock in a report on Thursday, September 19th. Four investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $119.14.

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.