RiverPark Advisors LLC Purchases 643 Shares of The Walt Disney Company (NYSE:DIS)

RiverPark Advisors LLC lifted its position in The Walt Disney Company (NYSE:DIS) by 2.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 26,240 shares of the entertainment giant’s stock after buying an additional 643 shares during the quarter. Walt Disney accounts for about 2.1% of RiverPark Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. RiverPark Advisors LLC’s holdings in Walt Disney were worth $2,524,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. William B. Walkup & Associates Inc. bought a new stake in shares of Walt Disney in the 2nd quarter valued at approximately $32,000. Mascoma Wealth Management LLC grew its stake in shares of Walt Disney by 38.0% in the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock valued at $44,000 after buying an additional 122 shares in the last quarter. First PREMIER Bank boosted its position in Walt Disney by 98.1% during the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock worth $50,000 after purchasing an additional 256 shares during the period. Iron Horse Wealth Management LLC boosted its position in Walt Disney by 148.7% during the second 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 period. Finally, Livelsberger Financial Advisory bought a new stake in Walt Disney during the third quarter worth approximately $57,000. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of NYSE DIS opened at $115.08 on Friday. The business has a fifty day simple moving average of $95.57 and a 200 day simple moving average of $96.69. The company has a current ratio of 0.73, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37. The firm has a market capitalization 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 Walt Disney Company has a one year low of $83.91 and a one year high of $123.74.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Wells Fargo & Company upped their target price on Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a research report on Friday. Seaport Res Ptn raised Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. UBS Group decreased their target price on Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Evercore ISI upped their target price on Walt Disney from $105.00 to $128.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Finally, Sanford C. Bernstein upped their target price on Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday. 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 company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $123.57.

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.