Clal Insurance Enterprises Holdings Ltd Boosts Position in The Walt Disney Company (NYSE:DIS)

Clal Insurance Enterprises Holdings Ltd lifted its position in The Walt Disney Company (NYSE:DIS) by 23.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,158,881 shares of the entertainment giant’s stock after purchasing an additional 216,822 shares during the quarter. Walt Disney comprises about 1.0% of Clal Insurance Enterprises Holdings Ltd’s holdings, making the stock its 29th biggest holding. Clal Insurance Enterprises Holdings Ltd owned approximately 0.06% of Walt Disney worth $111,473,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Swedbank AB purchased a new stake in Walt Disney in the first quarter valued at approximately $493,715,000. Farallon Capital Management LLC purchased a new stake in shares of Walt Disney in the 2nd quarter valued at $355,673,000. International Assets Investment Management LLC lifted its stake in Walt Disney by 12,574.4% during the 3rd quarter. International Assets Investment Management LLC now owns 3,426,393 shares of the entertainment giant’s stock worth $329,585,000 after acquiring an additional 3,399,359 shares in the last quarter. Van ECK Associates Corp boosted its holdings in Walt Disney by 114.4% during the 3rd quarter. Van ECK Associates Corp now owns 4,307,794 shares of the entertainment giant’s stock valued at $414,582,000 after acquiring an additional 2,298,921 shares during the period. Finally, Janus Henderson Group PLC grew its position in Walt Disney by 663.0% in the 1st quarter. Janus Henderson Group PLC now owns 1,897,850 shares of the entertainment giant’s stock valued at $232,217,000 after acquiring an additional 1,649,115 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Trading Up 0.8 %

Shares of Walt Disney stock opened at $115.66 on Friday. The company’s fifty day moving average is $98.09 and its two-hundred day moving average is $96.84. 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 quick ratio of 0.67 and a current ratio of 0.73. The company has a market capitalization of $209.45 billion, a P/E ratio of 42.68, a PEG ratio of 2.13 and a beta of 1.40.

Analyst Upgrades and Downgrades

DIS has been the subject of several recent research reports. Needham & Company LLC raised their price objective on shares of Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Wells Fargo & Company increased their target price on shares of Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a report on Friday, November 15th. Bank of America boosted their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. TD Cowen upped their price target on Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a report on Friday, November 15th. Finally, Sanford C. Bernstein boosted their price objective on Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, November 15th. Five equities research 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 stock. According to MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and an average price target of $123.83.

Insider Transactions at Walt Disney

In related news, EVP Brent Woodford sold 5,000 shares of the 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 sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Robert A. Iger sold 372,412 shares of the business’s stock in a transaction on 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 completion of the transaction, the chief executive officer now directly owns 226,767 shares in the company, valued at $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. Insiders own 0.10% of the company’s stock.

Walt Disney Company 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.