Valley Wealth Managers Inc. Has $31,000 Stock Holdings in The Walt Disney Company (NYSE:DIS)

Valley Wealth Managers Inc. decreased its position in The Walt Disney Company (NYSE:DIS) by 61.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 325 shares of the entertainment giant’s stock after selling 521 shares during the period. Valley Wealth Managers Inc.’s holdings in Walt Disney were worth $31,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in DIS. Transcendent Capital Group LLC increased its holdings in shares of Walt Disney by 1.4% in the first quarter. Transcendent Capital Group LLC now owns 7,912 shares of the entertainment giant’s stock worth $968,000 after acquiring an additional 108 shares in the last quarter. Connable Office Inc. increased its stake in Walt Disney by 0.3% during the 3rd quarter. Connable Office Inc. now owns 35,048 shares of the entertainment giant’s stock worth $3,371,000 after purchasing an additional 108 shares in the last quarter. ADE LLC raised its holdings in Walt Disney by 4.6% during the 2nd quarter. ADE LLC now owns 2,509 shares of the entertainment giant’s stock worth $249,000 after buying an additional 110 shares during the period. Cozad Asset Management Inc. lifted its stake in Walt Disney by 1.9% in the third quarter. Cozad Asset Management Inc. now owns 6,017 shares of the entertainment giant’s stock valued at $579,000 after buying an additional 110 shares in the last quarter. Finally, Absher Wealth Management LLC increased its position in shares of Walt Disney by 0.8% during the third quarter. Absher Wealth Management LLC now owns 14,141 shares of the entertainment giant’s stock worth $1,360,000 after acquiring an additional 111 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Loop Capital boosted their price objective on shares of Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Friday. Sanford C. Bernstein boosted their price target on Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a report on Friday. Morgan Stanley upped their price objective on Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a research report on Friday. Evercore ISI lifted their target price on Walt Disney from $105.00 to $128.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, Guggenheim upped their price target on Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday. Five investment 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 stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $123.57.

Walt Disney Stock Up 5.4 %

Walt Disney stock opened at $115.06 on Friday. The firm has a market capitalization of $208.67 billion, a price-to-earnings ratio of 44.25, a price-to-earnings-growth ratio of 1.67 and a beta of 1.40. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The firm’s fifty day moving average price is $95.57 and its two-hundred day moving average price is $96.79.

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.