Financial Counselors Inc. Buys 8,915 Shares of The Walt Disney Company (NYSE:DIS)

Financial Counselors Inc. grew its stake in The Walt Disney Company (NYSE:DIS) by 2.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 339,288 shares of the entertainment giant’s stock after purchasing an additional 8,915 shares during the period. Financial Counselors Inc.’s holdings in Walt Disney were worth $32,636,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of DIS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Walt Disney by 3.4% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,850,678 shares of the entertainment giant’s stock valued at $1,332,297,000 after buying an additional 454,678 shares during the period. Noesis Capital Mangement Corp increased its position in Walt Disney by 1.2% during the third quarter. Noesis Capital Mangement Corp now owns 79,392 shares of the entertainment giant’s stock valued at $7,637,000 after acquiring an additional 970 shares during the last quarter. Public Sector Pension Investment Board increased its position in Walt Disney by 13.4% during the third quarter. Public Sector Pension Investment Board now owns 77,763 shares of the entertainment giant’s stock valued at $7,480,000 after acquiring an additional 9,200 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Walt Disney by 1.4% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 433,059 shares of the entertainment giant’s stock valued at $41,656,000 after acquiring an additional 6,046 shares during the period. Finally, Providence Capital Advisors LLC lifted its holdings in shares of Walt Disney by 1.0% in the 3rd quarter. Providence Capital Advisors LLC now owns 62,513 shares of the entertainment giant’s stock worth $6,013,000 after acquiring an additional 594 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 5,000 shares of the stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total transaction of $568,100.00. Following the completion of the sale, the executive vice president now owns 44,055 shares in the company, valued at approximately $5,005,529.10. This represents a 10.19 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Robert A. Iger sold 372,412 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $114.57, for a total value of $42,667,242.84. Following the transaction, the chief executive officer now owns 226,767 shares in the company, valued at approximately $25,980,695.19. This trade represents a 62.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Bank of America raised their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Macquarie boosted their price objective on Walt Disney from $91.00 to $110.00 and gave the company a “neutral” rating in a report on Friday, November 15th. Needham & Company LLC increased their target price on Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Morgan Stanley lifted their target price on Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a research report on Friday, November 15th. Finally, TD Cowen upped their price target on shares of Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a report on Friday, November 15th. Five equities 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $123.83.

Walt Disney Price Performance

DIS opened at $117.61 on Thursday. The firm has a market capitalization of $212.98 billion, a PE ratio of 43.40, a price-to-earnings-growth 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 business’s 50-day moving average is $99.51 and its two-hundred day moving average is $97.00. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74.

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.