Greenbrier Partners Capital Management LLC Sells 304 Shares of The Walt Disney Company (NYSE:DIS)

Greenbrier Partners Capital Management LLC decreased its position in The Walt Disney Company (NYSE:DIS) by 0.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 231,165 shares of the entertainment giant’s stock after selling 304 shares during the quarter. Walt Disney comprises about 1.8% of Greenbrier Partners Capital Management LLC’s portfolio, making the stock its 12th largest holding. Greenbrier Partners Capital Management LLC’s holdings in Walt Disney were worth $23,315,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. William B. Walkup & Associates Inc. acquired a new position in shares of Walt Disney during the 2nd quarter worth approximately $32,000. Mascoma Wealth Management LLC lifted its stake in Walt Disney by 38.0% in the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock valued at $44,000 after acquiring an additional 122 shares during the last quarter. First PREMIER Bank grew its position in shares of Walt Disney by 98.1% in the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after acquiring an additional 256 shares during the period. Iron Horse Wealth Management LLC increased its stake in shares of Walt Disney by 148.7% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant’s stock worth $55,000 after purchasing an additional 333 shares during the last quarter. Finally, Livelsberger Financial Advisory bought a new stake in shares of Walt Disney in the 3rd quarter valued at about $57,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Up 1.9 %

Shares of DIS opened at $117.60 on Friday. The stock has a market capitalization of $212.97 billion, a price-to-earnings ratio of 43.39, a PEG ratio of 2.19 and a beta of 1.40. The Walt Disney Company has a 52 week low of $83.91 and a 52 week 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 stock has a fifty day moving average of $99.99 and a 200-day moving average of $97.15.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Guggenheim boosted their price target on Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Needham & Company LLC increased their price target on Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Piper Sandler started coverage on shares of Walt Disney in a research report on Wednesday, October 16th. They set a “neutral” rating and a $95.00 price objective for the company. TD Cowen upped their price objective on shares of Walt Disney from $108.00 to $123.00 and gave the company a “hold” rating in a report on Friday, November 15th. Finally, UBS Group reduced their target price on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Five equities research 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 stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $123.83.

Insider Buying and Selling at Walt Disney

In related news, EVP Brent Woodford sold 5,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total transaction of $568,100.00. Following the completion of the transaction, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at $5,005,529.10. This trade represents a 10.19 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Robert A. Iger sold 372,412 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $114.57, for a total value of $42,667,242.84. Following the completion of the sale, the chief executive officer now owns 226,767 shares in the company, valued at $25,980,695.19. This trade represents a 62.15 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.10% of the company’s stock.

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.