Capital City Trust Co. FL purchased a new stake in The Walt Disney Company (NYSE:DIS – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 2,152 shares of the entertainment giant’s stock, valued at approximately $207,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. William B. Walkup & Associates Inc. bought a new stake in Walt Disney during the second quarter worth about $32,000. Mascoma Wealth Management LLC raised its stake in shares of Walt Disney by 38.0% during the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after purchasing an additional 122 shares in the last quarter. First PREMIER Bank raised its stake in shares of Walt Disney by 98.1% during the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock worth $50,000 after purchasing an additional 256 shares in the last quarter. Iron Horse Wealth Management LLC boosted its holdings in shares of Walt Disney by 148.7% in the 2nd quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant’s stock valued at $55,000 after buying an additional 333 shares during the last quarter. Finally, Livelsberger Financial Advisory bought a new position in shares of Walt Disney in the third quarter valued at $57,000. 65.71% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of research analysts have recently commented on DIS shares. Macquarie lifted 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. Seaport Res Ptn raised Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Loop Capital raised their price objective on Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Friday. JPMorgan Chase & Co. decreased their target price on Walt Disney from $135.00 to $125.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. Finally, Morgan Stanley increased their price target on Walt Disney from $110.00 to $125.00 and gave the company an “overweight” rating in a research note on Friday. Five equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $123.57.
Walt Disney Price Performance
Shares of NYSE DIS opened at $115.08 on Monday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.66. 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 capitalization of $208.71 billion, a PE ratio of 42.46, a P/E/G ratio of 1.87 and a beta of 1.40. The business has a fifty day moving average price of $95.57 and a two-hundred day moving average price of $96.60.
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.
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