Allen Capital Group LLC Buys 127 Shares of The Walt Disney Company (NYSE:DIS)

Allen Capital Group LLC increased its stake in The Walt Disney Company (NYSE:DIS) by 5.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,458 shares of the entertainment giant’s stock after acquiring an additional 127 shares during the period. Allen Capital Group LLC’s holdings in Walt Disney were worth $236,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of DIS. Quent Capital LLC lifted its stake in shares of Walt Disney by 4.4% in the 1st quarter. Quent Capital LLC now owns 7,766 shares of the entertainment giant’s stock valued at $950,000 after acquiring an additional 327 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in Walt Disney by 30.8% in the 1st quarter. Advisors Asset Management Inc. now owns 25,987 shares of the entertainment giant’s stock worth $3,180,000 after buying an additional 6,118 shares during the period. Kestra Advisory Services LLC lifted its holdings in Walt Disney by 8.3% in the 1st quarter. Kestra Advisory Services LLC now owns 194,897 shares of the entertainment giant’s stock worth $23,848,000 after buying an additional 14,898 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in Walt Disney by 2.5% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,040,297 shares of the entertainment giant’s stock worth $1,473,252,000 after buying an additional 293,482 shares during the period. Finally, Morse Asset Management Inc lifted its holdings in Walt Disney by 1.2% in the 1st quarter. Morse Asset Management Inc now owns 17,326 shares of the entertainment giant’s stock worth $2,120,000 after buying an additional 199 shares during the period. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Up 0.8 %

NYSE:DIS opened at $115.66 on Friday. The firm has a market cap of $209.45 billion, a P/E ratio of 42.68, a P/E/G ratio of 2.09 and a beta of 1.40. 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 Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The firm has a 50-day simple moving average of $98.09 and a two-hundred day simple moving average of $96.84.

Analyst Ratings Changes

Several research firms have weighed in on DIS. Raymond James reiterated a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. TD Cowen increased their price objective on Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a report on Friday, November 15th. Evercore ISI increased their price objective on Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Seaport Res Ptn upgraded Walt Disney from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th. Finally, Piper Sandler started coverage on Walt Disney in a report on Wednesday, October 16th. They issued a “neutral” rating and a $95.00 price objective for the company. Five 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. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $123.83.

Insider Buying and Selling at Walt Disney

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

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.