Mutual of America Capital Management LLC Sells 6,610 Shares of The Walt Disney Company (NYSE:DIS)

Mutual of America Capital Management LLC reduced its position in The Walt Disney Company (NYSE:DIS) by 2.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 223,291 shares of the entertainment giant’s stock after selling 6,610 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Walt Disney were worth $21,478,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of DIS. Quent Capital LLC lifted its position in 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 during the last quarter. Edgestream Partners L.P. lifted its position 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 valued at $474,000 after purchasing an additional 128 shares during the last quarter. Catalytic Wealth RIA LLC bought a new stake in Walt Disney during the first quarter valued at approximately $348,000. Resurgent Financial Advisors LLC lifted its position in Walt Disney by 30.5% during the first quarter. Resurgent Financial Advisors LLC now owns 13,657 shares of the entertainment giant’s stock valued at $1,671,000 after purchasing an additional 3,190 shares during the last quarter. Finally, Davis R M Inc. lifted its position in Walt Disney by 4.4% during the first quarter. Davis R M Inc. now owns 226,119 shares of the entertainment giant’s stock valued at $27,668,000 after purchasing an additional 9,528 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on DIS shares. Morgan Stanley lifted their price target on shares of Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a research note on Friday. Sanford C. Bernstein lifted their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a research note on Friday. Raymond James reissued a “market perform” rating on shares of Walt Disney in a research note on Tuesday, October 1st. Wells Fargo & Company lifted their price target on shares of Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Macquarie lifted their price target on shares of Walt Disney from $91.00 to $110.00 and gave the stock a “neutral” rating in a research note on Friday. Five analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $123.57.

Walt Disney Stock Performance

Shares of Walt Disney 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 firm’s 50-day moving average is $95.57 and its 200 day moving average is $96.69. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.66.

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.