The Walt Disney Company (NYSE:DIS) Shares Acquired by RBO & Co. LLC

RBO & Co. LLC boosted its stake in The Walt Disney Company (NYSE:DIS) by 2.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 149,444 shares of the entertainment giant’s stock after buying an additional 3,012 shares during the period. Walt Disney comprises 2.3% of RBO & Co. LLC’s portfolio, making the stock its 23rd largest position. RBO & Co. LLC’s holdings in Walt Disney were worth $14,375,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. William B. Walkup & Associates Inc. bought a new position in shares of Walt Disney during the second quarter worth about $32,000. Mascoma Wealth Management LLC raised its stake in Walt Disney by 38.0% during 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 lifted its holdings in 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 buying an additional 256 shares during the last quarter. Iron Horse Wealth Management LLC grew its position 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 worth $55,000 after acquiring an additional 333 shares in the last quarter. Finally, Livelsberger Financial Advisory bought a new stake in shares of Walt Disney in the 3rd quarter valued at approximately $57,000. 65.71% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on DIS shares. Raymond James restated a “market perform” rating on shares of Walt Disney in a research note on Tuesday, October 1st. Sanford C. Bernstein lifted their price target on shares of Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a report on Friday, November 15th. Morgan Stanley increased their price objective on shares of Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a research note on Friday, November 15th. Barclays decreased their target price on Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Finally, Bank of America increased their price target on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Five research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $123.83.

Insider Activity

In related news, EVP Brent Woodford sold 5,000 shares of Walt Disney stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total transaction of $568,100.00. Following the transaction, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at $5,005,529.10. The trade was a 10.19 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Robert A. Iger sold 372,412 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the completion of the sale, the chief executive officer now directly owns 226,767 shares of the company’s stock, valued at $25,980,695.19. The trade was a 62.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.10% of the stock is owned by insiders.

Walt Disney Price Performance

NYSE DIS opened at $115.46 on Wednesday. The firm has a market capitalization of $209.08 billion, a PE ratio of 42.60, a P/E/G ratio of 2.16 and a beta of 1.40. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.67. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. The company’s 50 day simple moving average is $99.03 and its 200 day simple moving average is $96.86.

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.