Catalytic Wealth RIA LLC Trims Holdings in The Walt Disney Company (NYSE:DIS)

Catalytic Wealth RIA LLC lowered its stake in shares of The Walt Disney Company (NYSE:DIS) by 7.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,724 shares of the entertainment giant’s stock after selling 210 shares during the period. Catalytic Wealth RIA LLC’s holdings in Walt Disney were worth $262,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in DIS. Vanguard Group Inc. boosted its position in shares of Walt Disney by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 153,769,084 shares of the entertainment giant’s stock valued at $18,815,185,000 after acquiring an additional 2,325,582 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Walt Disney by 10.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 14,883,983 shares of the entertainment giant’s stock valued at $1,477,831,000 after buying an additional 1,449,730 shares during the period. Legal & General Group Plc increased its holdings in shares of Walt Disney by 3.1% during the 2nd quarter. Legal & General Group Plc now owns 14,281,047 shares of the entertainment giant’s stock worth $1,417,958,000 after buying an additional 425,438 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Walt Disney by 2.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,040,297 shares of the entertainment giant’s stock valued at $1,473,252,000 after buying an additional 293,482 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in Walt Disney by 1.0% in the second quarter. Ameriprise Financial Inc. now owns 9,953,903 shares of the entertainment giant’s stock valued at $988,290,000 after acquiring an additional 102,210 shares during the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on DIS shares. JPMorgan Chase & Co. cut their target price on Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Walt Disney from $130.00 to $115.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Seaport Res Ptn raised shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. UBS Group dropped their price target on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Finally, Bank of America decreased their price objective on shares of Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Four research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and an average price target of $118.05.

Walt Disney Stock Up 1.9 %

DIS stock opened at $100.88 on Tuesday. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The company’s 50 day moving average price is $93.90 and its 200 day moving average price is $96.81. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.66 and a current ratio of 0.72. The firm has a market capitalization of $182.95 billion, a price-to-earnings ratio of 38.80, a PEG ratio of 1.58 and a beta of 1.40.

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.