Lifeworks Advisors LLC Increases Stock Position in The Walt Disney Company (NYSE:DIS)

Lifeworks Advisors LLC boosted its stake in shares of The Walt Disney Company (NYSE:DIS) by 8.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,898 shares of the entertainment giant’s stock after buying an additional 471 shares during the quarter. Lifeworks Advisors LLC’s holdings in Walt Disney were worth $567,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in DIS. Quent Capital LLC grew its position in Walt Disney by 4.4% during the first quarter. Quent Capital LLC now owns 7,766 shares of the entertainment giant’s stock valued at $950,000 after buying an additional 327 shares during the period. Picton Mahoney Asset Management bought a new position in Walt Disney during the first quarter worth about $174,000. Great Lakes Retirement Inc. bought a new position in Walt Disney during the first quarter worth about $615,000. Homestead Advisers Corp boosted its position in Walt Disney by 24.4% during the first quarter. Homestead Advisers Corp now owns 710,600 shares of the entertainment giant’s stock worth $86,777,000 after purchasing an additional 139,500 shares during the period. Finally, Poehling Capital Management INC. boosted its position in Walt Disney by 1.1% during the first quarter. Poehling Capital Management INC. now owns 51,612 shares of the entertainment giant’s stock worth $6,315,000 after purchasing an additional 537 shares during the period. Institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

DIS has been the subject of a number of research reports. JPMorgan Chase & Co. cut their target price on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. Raymond James reiterated a “market perform” rating on shares of Walt Disney in a research report on Tuesday, October 1st. Barclays cut their target price on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Walt Disney from $130.00 to $115.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Finally, Piper Sandler started coverage on shares of Walt Disney in a research report on Wednesday, October 16th. They issued a “neutral” rating and a $95.00 price objective for the company. Four investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and an average target price of $119.14.

Walt Disney Trading Up 6.2 %

Shares of DIS opened at $109.13 on Friday. The company has a market capitalization of $197.92 billion, a P/E ratio of 41.97, a P/E/G ratio of 1.67 and a beta of 1.40. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The firm’s 50 day simple moving average is $94.62 and its 200 day simple moving average is $96.69. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66.

About Walt Disney

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.