Atlanta Consulting Group Advisors LLC Increases Stake in The Walt Disney Company (NYSE:DIS)

Atlanta Consulting Group Advisors LLC raised its holdings in shares of The Walt Disney Company (NYSE:DIS) by 272.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,727 shares of the entertainment giant’s stock after buying an additional 7,112 shares during the quarter. Atlanta Consulting Group Advisors LLC’s holdings in Walt Disney were worth $936,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Quent Capital LLC raised its holdings 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 worth $950,000 after acquiring an additional 327 shares during the period. Edgestream Partners L.P. raised its stake in Walt Disney by 3.4% during the first quarter. Edgestream Partners L.P. now owns 3,876 shares of the entertainment giant’s stock worth $474,000 after purchasing an additional 128 shares during the period. Catalytic Wealth RIA LLC purchased a new stake in shares of Walt Disney in the 1st quarter valued at approximately $348,000. Resurgent Financial Advisors LLC increased its holdings in shares of Walt Disney by 30.5% during the 1st quarter. Resurgent Financial Advisors LLC now owns 13,657 shares of the entertainment giant’s stock worth $1,671,000 after buying an additional 3,190 shares during the last quarter. Finally, Davis R M Inc. raised its position in shares of Walt Disney by 4.4% during the 1st quarter. Davis R M Inc. now owns 226,119 shares of the entertainment giant’s stock valued at $27,668,000 after buying an additional 9,528 shares during the period. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Price Performance

DIS stock opened at $115.08 on Friday. The stock has a market cap of $208.71 billion, a price-to-earnings ratio of 42.46, a PEG ratio of 1.87 and a beta of 1.40. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The company has a quick ratio of 0.66, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. The business has a 50 day moving average price of $95.57 and a 200 day moving average price of $96.69.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Evercore ISI upped their price target on Walt Disney from $105.00 to $128.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Wells Fargo & Company increased their target price on shares of Walt Disney from $116.00 to $138.00 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 report on Friday. Needham & Company LLC increased their price objective on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday. Finally, JPMorgan Chase & Co. cut their target price on Walt Disney from $135.00 to $125.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Five research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $123.57.

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.