The Walt Disney Company (NYSE:DIS) Shares Sold by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC decreased its position in shares of The Walt Disney Company (NYSE:DIS) by 5.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,973 shares of the entertainment giant’s stock after selling 567 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Walt Disney were worth $863,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of DIS. Quent Capital LLC lifted its position in Walt Disney by 4.4% in 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 last quarter. Spirepoint Private Client LLC acquired a new position in Walt Disney in the first quarter valued at about $239,000. TIAA Trust National Association lifted its position in shares of Walt Disney by 1.8% during the first quarter. TIAA Trust National Association now owns 92,130 shares of the entertainment giant’s stock worth $11,273,000 after purchasing an additional 1,621 shares in the last quarter. Connors Investor Services Inc. acquired a new stake in shares of Walt Disney during the first quarter worth about $10,474,000. Finally, Blue Barn Wealth LLC lifted its position in shares of Walt Disney by 16.4% during the first quarter. Blue Barn Wealth LLC now owns 2,702 shares of the entertainment giant’s stock worth $331,000 after purchasing an additional 381 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on DIS shares. Guggenheim increased their price target on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday. Barclays reduced their price target on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Seaport Res Ptn upgraded shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 30th. Loop Capital upped their target price on shares of Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday. Finally, JPMorgan Chase & Co. cut their target price on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th. Five investment 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. Based on data from MarketBeat.com, Walt Disney presently has an average rating of “Moderate Buy” and a consensus price target of $123.57.

Walt Disney Trading Up 5.4 %

Shares of DIS stock opened at $115.06 on Friday. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The stock has a market cap of $208.67 billion, a P/E ratio of 44.25, a P/E/G ratio of 1.67 and a beta of 1.40. The business has a fifty day simple moving average of $95.57 and a 200-day simple moving average of $96.79. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38.

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.