Sheaff Brock Investment Advisors LLC Has $2.53 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

Sheaff Brock Investment Advisors LLC reduced its position in shares of The Walt Disney Company (NYSE:DIS) by 0.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,276 shares of the entertainment giant’s stock after selling 190 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in Walt Disney were worth $2,528,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Capital World Investors lifted its stake in shares of Walt Disney by 3,332.4% in the 1st quarter. Capital World Investors now owns 6,267,593 shares of the entertainment giant’s stock valued at $766,903,000 after purchasing an additional 6,084,993 shares during the period. Swedbank AB bought a new position in Walt Disney in the 1st quarter valued at $493,715,000. Farallon Capital Management LLC bought a new stake in Walt Disney in the second quarter worth about $355,673,000. Ontario Teachers Pension Plan Board bought a new stake in Walt Disney in the first quarter worth about $425,567,000. Finally, International Assets Investment Management LLC raised its position in Walt Disney by 12,574.4% in the third quarter. International Assets Investment Management LLC now owns 3,426,393 shares of the entertainment giant’s stock worth $329,585,000 after acquiring an additional 3,399,359 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Price Performance

DIS stock opened at $108.90 on Friday. The business has a 50 day moving average price of $94.62 and a 200 day moving average price of $96.69. The stock has a market cap of $197.50 billion, a price-to-earnings ratio of 41.97, a PEG ratio of 1.67 and a beta of 1.40. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Piper Sandler assumed coverage on shares of Walt Disney in a research note on Wednesday, October 16th. They set a “neutral” rating and a $95.00 price objective for the company. Barclays lowered their price objective on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Macquarie upped their price target on shares of Walt Disney from $91.00 to $110.00 and gave the company a “neutral” rating in a report on Friday. Deutsche Bank Aktiengesellschaft upped their price target on shares of Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a report on Friday. Finally, Sanford C. Bernstein upped their price objective on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday. Four 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 stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $122.68.

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.