GW Henssler & Associates Ltd. reduced its holdings in The Walt Disney Company (NYSE:DIS – Free Report) by 5.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,239 shares of the entertainment giant’s stock after selling 275 shares during the quarter. GW Henssler & Associates Ltd.’s holdings in Walt Disney were worth $650,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in DIS. Brighton Jones LLC raised its holdings in shares of Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after purchasing an additional 1,904 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Walt Disney by 8.1% in the first quarter. GAMMA Investing LLC now owns 24,830 shares of the entertainment giant’s stock worth $2,451,000 after acquiring an additional 1,856 shares in the last quarter. Everhart Financial Group Inc. increased its position in shares of Walt Disney by 12.7% in the first quarter. Everhart Financial Group Inc. now owns 8,960 shares of the entertainment giant’s stock worth $884,000 after acquiring an additional 1,010 shares in the last quarter. Krilogy Financial LLC increased its position in shares of Walt Disney by 12.7% in the first quarter. Krilogy Financial LLC now owns 34,496 shares of the entertainment giant’s stock worth $3,405,000 after acquiring an additional 3,899 shares in the last quarter. Finally, Ipswich Investment Management Co. Inc. increased its position in shares of Walt Disney by 4.1% in the first quarter. Ipswich Investment Management Co. Inc. now owns 6,420 shares of the entertainment giant’s stock worth $634,000 after acquiring an additional 250 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.
Walt Disney Stock Performance
Shares of DIS opened at $109.17 on Friday. The company’s 50 day moving average price is $115.36 and its 200 day moving average price is $110.41. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69. The company has a market capitalization of $196.27 billion, a PE ratio of 17.11, a PEG ratio of 1.43 and a beta of 1.54. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on DIS. Stephens reissued a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Needham & Company LLC reissued a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a research report on Tuesday, September 23rd. Wall Street Zen downgraded shares of Walt Disney from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Evercore ISI lifted their target price on shares of Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a research report on Monday, August 4th. Finally, UBS Group lifted their target price on shares of Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a research report on Wednesday, July 16th. Nineteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, Walt Disney has an average rating of “Moderate Buy” and an average price target of $131.18.
Get Our Latest Report on Walt Disney
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.
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