The Walt Disney Company (NYSE:DIS) Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 3.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,850,678 shares of the entertainment giant’s stock after purchasing an additional 454,678 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.76% of Walt Disney worth $1,332,297,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Noesis Capital Mangement Corp increased its position in Walt Disney by 1.2% during the third quarter. Noesis Capital Mangement Corp now owns 79,392 shares of the entertainment giant’s stock worth $7,637,000 after buying an additional 970 shares in the last quarter. Public Sector Pension Investment Board boosted its stake in shares of Walt Disney by 13.4% during the third quarter. Public Sector Pension Investment Board now owns 77,763 shares of the entertainment giant’s stock valued at $7,480,000 after acquiring an additional 9,200 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Walt Disney by 1.4% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 433,059 shares of the entertainment giant’s stock worth $41,656,000 after purchasing an additional 6,046 shares in the last quarter. Providence Capital Advisors LLC raised its stake in Walt Disney by 1.0% in the 3rd quarter. Providence Capital Advisors LLC now owns 62,513 shares of the entertainment giant’s stock valued at $6,013,000 after purchasing an additional 594 shares during the last quarter. Finally, National Wealth Management Group LLC acquired a new position in Walt Disney in the 3rd quarter valued at about $495,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Walt Disney

In other news, CEO Robert A. Iger sold 372,412 shares of Walt Disney stock in a transaction that occurred on Friday, November 22nd. The shares were 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 in the company, 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 at this hyperlink. Also, EVP Brent Woodford sold 5,000 shares of the business’s stock in a transaction on Wednesday, November 20th. The stock was 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 in the company, 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. Company insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

DIS has been the subject of a number of analyst reports. Macquarie boosted their price objective on shares of Walt Disney from $91.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Guggenheim boosted their price target on Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a report on Friday, November 15th. Barclays decreased their price objective on Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. Bank of America lifted their price objective on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Finally, Seaport Res Ptn upgraded Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Five equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $123.83.

Walt Disney Stock Up 1.9 %

Shares of Walt Disney stock opened at $117.61 on Thursday. The company has a fifty day moving average price of $99.51 and a 200 day moving average price of $97.00. 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 twelve month low of $83.91 and a twelve month high of $123.74. The stock has a market cap of $212.98 billion, a price-to-earnings ratio of 43.40, a price-to-earnings-growth ratio of 2.16 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.