Knuff & Co LLC Lowers Holdings in The Walt Disney Company (NYSE:DIS)

Knuff & Co LLC reduced its stake in shares of The Walt Disney Company (NYSE:DIS) by 20.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,199 shares of the entertainment giant’s stock after selling 5,163 shares during the quarter. Knuff & Co LLC’s holdings in Walt Disney were worth $1,943,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. William B. Walkup & Associates Inc. acquired a new position in shares of Walt Disney in the 2nd quarter valued at $32,000. Mascoma Wealth Management LLC increased its holdings in Walt Disney by 38.0% in the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock valued at $44,000 after buying an additional 122 shares in the last quarter. First PREMIER Bank raised its position in shares of Walt Disney by 98.1% in the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock worth $50,000 after acquiring an additional 256 shares during the period. Iron Horse Wealth Management LLC boosted its stake in shares of Walt Disney by 148.7% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant’s stock worth $55,000 after acquiring an additional 333 shares in the last quarter. Finally, Livelsberger Financial Advisory acquired a new stake in shares of Walt Disney during the 3rd quarter valued at about $57,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on DIS. Raymond James reaffirmed a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. Morgan Stanley upped their target price on Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a research note on Friday. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a research note on Friday. Bank of America upped their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Evercore ISI lifted their target price on shares of Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research report on Monday. Five 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 stock. Based on data from MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.83.

Walt Disney Stock Down 1.3 %

Shares of NYSE:DIS opened at $113.55 on Tuesday. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. The stock has a market cap of $205.93 billion, a P/E ratio of 41.90, a PEG ratio of 1.87 and a beta of 1.40. The business has a fifty day moving average of $96.07 and a two-hundred day moving average of $96.60. The company has a quick ratio of 0.66, a current ratio of 0.73 and a debt-to-equity ratio of 0.37.

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.