Raymond James Trust N.A. Cuts Holdings in The Walt Disney Company (NYSE:DIS)

Raymond James Trust N.A. decreased its position in shares of The Walt Disney Company (NYSE:DIS) by 3.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 122,616 shares of the entertainment giant’s stock after selling 3,767 shares during the period. Raymond James Trust N.A.’s holdings in Walt Disney were worth $11,794,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in DIS. Quent Capital LLC grew its position in shares of Walt Disney by 4.4% during the first 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. grew its position in 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 acquiring an additional 128 shares in the last quarter. Advisors Asset Management Inc. grew its position in Walt Disney by 30.8% in the first quarter. Advisors Asset Management Inc. now owns 25,987 shares of the entertainment giant’s stock worth $3,180,000 after acquiring an additional 6,118 shares in the last quarter. Capital International Inc. CA purchased a new position in Walt Disney in the first quarter worth about $3,596,000. Finally, Capital International Sarl purchased a new position in Walt Disney in the first quarter worth about $211,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Evercore ISI lifted their price target on Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a research report on Monday. Macquarie lifted their price target on Walt Disney from $91.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday, November 15th. Wells Fargo & Company boosted their target price on Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. Needham & Company LLC boosted their target price on Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Finally, Barclays decreased their price target on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Five investment 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 presently has an average rating of “Moderate Buy” and a consensus target price of $123.83.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 5,000 shares of the company’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total value of $568,100.00. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.10% of the stock is owned by corporate insiders.

Walt Disney Price Performance

NYSE:DIS opened at $115.11 on Friday. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.67 and a current ratio of 0.73. The firm has a market cap of $208.46 billion, a price-to-earnings ratio of 42.48, a PEG ratio of 2.09 and a beta of 1.40. The firm’s fifty day moving average is $97.59 and its two-hundred day moving average is $96.85.

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.