The Walt Disney Company (NYSE:DIS) Shares Bought by MSA Advisors LLC

MSA Advisors LLC grew its stake in The Walt Disney Company (NYSE:DIS) by 12.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 101,170 shares of the entertainment giant’s stock after purchasing an additional 10,930 shares during the period. Walt Disney accounts for 2.5% of MSA Advisors LLC’s portfolio, making the stock its 12th biggest position. MSA Advisors LLC’s holdings in Walt Disney were worth $9,732,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Bedell Frazier Investment Counselling LLC boosted its holdings in Walt Disney by 2.6% during the third quarter. Bedell Frazier Investment Counselling LLC now owns 83,033 shares of the entertainment giant’s stock worth $7,987,000 after buying an additional 2,094 shares in the last quarter. Concentric Wealth Management LLC boosted its position in shares of Walt Disney by 3.2% in the third quarter. Concentric Wealth Management LLC now owns 31,981 shares of the entertainment giant’s stock worth $3,076,000 after acquiring an additional 996 shares during the last quarter. Prosperity Financial Group Inc. increased its stake in Walt Disney by 7.0% during the third quarter. Prosperity Financial Group Inc. now owns 5,792 shares of the entertainment giant’s stock worth $557,000 after acquiring an additional 378 shares during the last quarter. Bank of Hawaii raised its holdings in Walt Disney by 2.6% in the third quarter. Bank of Hawaii now owns 12,915 shares of the entertainment giant’s stock valued at $1,242,000 after buying an additional 327 shares during the period. Finally, Douglass Winthrop Advisors LLC boosted its position in Walt Disney by 5.6% during the 3rd quarter. Douglass Winthrop Advisors LLC now owns 22,784 shares of the entertainment giant’s stock worth $2,192,000 after purchasing an additional 1,214 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Up 0.8 %

DIS opened at $115.65 on Monday. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The company has a market capitalization of $209.44 billion, a P/E ratio of 42.68, a P/E/G ratio of 2.15 and a beta of 1.40. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.67. The firm’s fifty day moving average price is $98.09 and its two-hundred day moving average price is $96.72.

Analyst Ratings Changes

A number of equities analysts have issued reports on DIS shares. Needham & Company LLC upped their target price on Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Macquarie raised their target price on Walt Disney from $91.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. TD Cowen lifted their price objective on shares of Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a research note on Friday, November 15th. Barclays decreased their target price on Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. Finally, JPMorgan Chase & Co. dropped their target price on Walt Disney from $135.00 to $125.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Five analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $123.83.

Insider Activity at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 5,000 shares of the company’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 sale, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at approximately $5,005,529.10. This represents a 10.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Robert A. Iger sold 372,412 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $114.57, for a total value 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. The trade was 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 currently owned by insiders.

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.