15,435 Shares in The Walt Disney Company (NYSE:DIS) Acquired by Nwam LLC

Nwam LLC bought a new position in shares of The Walt Disney Company (NYSE:DIS) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 15,435 shares of the entertainment giant’s stock, valued at approximately $1,485,000.

Several other large investors have also recently added to or reduced their stakes in the business. Meridian Wealth Management LLC purchased a new stake in Walt Disney during the 3rd quarter worth approximately $1,645,000. Studio Investment Management LLC increased its stake in Walt Disney by 1.2% during the 3rd quarter. Studio Investment Management LLC now owns 26,104 shares of the entertainment giant’s stock worth $2,511,000 after buying an additional 318 shares during the period. Allen Capital Group LLC increased its stake in Walt Disney by 5.4% during the 3rd quarter. Allen Capital Group LLC now owns 2,458 shares of the entertainment giant’s stock worth $236,000 after buying an additional 127 shares during the period. Asset Management Group Inc. increased its stake in Walt Disney by 3.0% during the 3rd quarter. Asset Management Group Inc. now owns 51,071 shares of the entertainment giant’s stock worth $4,912,000 after buying an additional 1,471 shares during the period. Finally, Biltmore Family Office LLC increased its stake in Walt Disney by 5.1% during the 3rd quarter. Biltmore Family Office LLC now owns 9,657 shares of the entertainment giant’s stock worth $929,000 after buying an additional 471 shares during the period. 65.71% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on DIS. Guggenheim boosted their price target on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Morgan Stanley boosted their price target on shares of Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a report on Friday, November 15th. JPMorgan Chase & Co. lowered their price target on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Wells Fargo & Company boosted their price target 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. Finally, Needham & Company LLC boosted their price target on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Five equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $123.83.

Walt Disney Stock Up 0.8 %

Shares of NYSE:DIS opened at $115.66 on Friday. The stock has a market cap of $209.45 billion, a P/E ratio of 42.68, a P/E/G ratio of 2.13 and a beta of 1.40. The firm has a fifty day moving average price of $98.09 and a 200 day moving average price of $96.84. 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 Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74.

Insider Buying and Selling

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

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.