The Walt Disney Company (NYSE:DIS) Stock Holdings Boosted by Shayne & Jacobs LLC

Shayne & Jacobs LLC raised its position in shares of The Walt Disney Company (NYSE:DIS) by 11.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 29,260 shares of the entertainment giant’s stock after purchasing an additional 3,113 shares during the quarter. Walt Disney comprises 0.7% of Shayne & Jacobs LLC’s portfolio, making the stock its 19th largest holding. Shayne & Jacobs LLC’s holdings in Walt Disney were worth $2,815,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DIS. ESL Trust Services LLC bought a new stake in shares of Walt Disney during the 1st quarter worth $31,000. William B. Walkup & Associates Inc. bought a new stake in shares of Walt Disney during the 2nd quarter worth $32,000. Mascoma Wealth Management LLC boosted its stake in shares of Walt Disney by 38.0% during the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after acquiring an additional 122 shares in the last quarter. Red Tortoise LLC boosted its stake in shares of Walt Disney by 141.4% during the 1st quarter. Red Tortoise LLC now owns 367 shares of the entertainment giant’s stock worth $45,000 after acquiring an additional 215 shares in the last quarter. Finally, First PREMIER Bank boosted its stake in shares of 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 acquiring an additional 256 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on DIS. Deutsche Bank Aktiengesellschaft reduced their price objective on Walt Disney from $130.00 to $115.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Piper Sandler started coverage on Walt Disney in a research note on Wednesday, October 16th. They set a “neutral” rating and a $95.00 price objective for the company. UBS Group reduced their target price on Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Moffett Nathanson reduced their target price on Walt Disney from $130.00 to $125.00 and set a “buy” rating for the company in a report on Tuesday, July 2nd. Finally, Evercore ISI reduced their target price on Walt Disney from $128.00 to $105.00 and set an “outperform” rating for the company in a report on Thursday, August 8th. Five equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and a consensus target price of $118.05.

Insider Activity

In other Walt Disney news, Director Calvin Mcdonald purchased 11,756 shares of the stock in a transaction dated Thursday, August 8th. The shares were bought at an average cost of $85.06 per share, with a total value of $999,965.36. Following the completion of the transaction, the director now owns 22,313 shares in the company, valued at $1,897,943.78. This trade represents a 100.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.10% of the stock is currently owned by company insiders.

Walt Disney Trading Down 0.4 %

Walt Disney stock opened at $95.03 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. The company has a market capitalization of $173.24 billion, a price-to-earnings ratio of 103.29, a PEG ratio of 1.49 and a beta of 1.40. The Walt Disney Company has a one year low of $79.23 and a one year high of $123.74. The company’s fifty day moving average price is $92.61 and its two-hundred day moving average price is $98.26.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.19. The company had revenue of $23.20 billion for the quarter, compared to the consensus estimate of $23.08 billion. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The firm’s revenue was up 3.9% compared to the same quarter last year. During the same period last year, the business posted $1.03 earnings per share. On average, analysts forecast that The Walt Disney Company will post 4.92 earnings per share for the current fiscal year.

About Walt Disney

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.