OneAscent Financial Services LLC Buys Shares of 6,026 The Walt Disney Company (NYSE:DIS)

OneAscent Financial Services LLC acquired a new stake in shares of The Walt Disney Company (NYSE:DIS) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,026 shares of the entertainment giant’s stock, valued at approximately $580,000.

Several other large investors also recently made changes to their positions in DIS. Quent Capital LLC boosted its position in shares of Walt Disney by 4.4% during the 1st quarter. Quent Capital LLC now owns 7,766 shares of the entertainment giant’s stock valued at $950,000 after purchasing an additional 327 shares in the last quarter. Edgestream Partners L.P. boosted its holdings in shares of Walt Disney by 3.4% in the first quarter. Edgestream Partners L.P. now owns 3,876 shares of the entertainment giant’s stock worth $474,000 after buying an additional 128 shares during the period. Bessemer Group Inc. boosted its holdings in shares of Walt Disney by 11.2% in the first quarter. Bessemer Group Inc. now owns 53,008 shares of the entertainment giant’s stock worth $6,487,000 after buying an additional 5,327 shares during the period. Karpus Management Inc. acquired a new position in shares of Walt Disney in the first quarter worth about $271,000. Finally, Natixis Investment Managers International boosted its holdings in shares of Walt Disney by 71.0% in the first quarter. Natixis Investment Managers International now owns 340,442 shares of the entertainment giant’s stock worth $41,656,000 after buying an additional 141,320 shares during the period. Institutional investors own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Wells Fargo & Company raised their target price on shares of Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday. Raymond James reiterated a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft raised their target price on shares of Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a report on Friday. Barclays decreased their target price on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Finally, Evercore ISI increased their price target on shares of Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a research report on Monday. Five research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $123.83.

Walt Disney Trading Down 1.3 %

NYSE:DIS opened at $113.55 on Tuesday. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. The firm has a market cap of $205.63 billion, a price-to-earnings ratio of 41.90, a P/E/G ratio of 1.85 and a beta of 1.40. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. The company’s 50 day moving average is $96.07 and its 200-day moving average is $96.60.

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.