The Walt Disney Company (NYSE:DIS) Shares Bought by Vinva Investment Management Ltd

Vinva Investment Management Ltd increased its position in The Walt Disney Company (NYSE:DIS) by 26.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,413 shares of the entertainment giant’s stock after acquiring an additional 14,169 shares during the period. Vinva Investment Management Ltd’s holdings in Walt Disney were worth $6,568,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of DIS. Financial Counselors Inc. increased its stake in shares of Walt Disney by 2.7% during the 3rd quarter. Financial Counselors Inc. now owns 339,288 shares of the entertainment giant’s stock worth $32,636,000 after purchasing an additional 8,915 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Walt Disney by 3.4% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,850,678 shares of the entertainment giant’s stock worth $1,332,297,000 after buying an additional 454,678 shares during the period. Noesis Capital Mangement Corp boosted its holdings in shares of Walt Disney by 1.2% in the 3rd quarter. Noesis Capital Mangement Corp now owns 79,392 shares of the entertainment giant’s stock valued at $7,637,000 after purchasing an additional 970 shares during the last quarter. Public Sector Pension Investment Board grew its position in Walt Disney by 13.4% during the third quarter. Public Sector Pension Investment Board now owns 77,763 shares of the entertainment giant’s stock valued at $7,480,000 after acquiring an additional 9,200 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Walt Disney by 1.4% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 433,059 shares of the entertainment giant’s stock worth $41,656,000 after purchasing an additional 6,046 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on DIS. Sanford C. Bernstein increased their target price on Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, November 15th. Macquarie increased their target price on Walt Disney from $91.00 to $110.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a report on Friday, November 15th. Piper Sandler started coverage on shares of Walt Disney in a research note on Wednesday, October 16th. They set a “neutral” rating and a $95.00 price objective on the stock. Finally, UBS Group lowered their target price on Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, August 8th. 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 data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and an average target price of $123.83.

Insider Activity at Walt Disney

In other news, EVP Brent Woodford sold 5,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total value of $568,100.00. Following the completion of the sale, the executive vice president now 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 filing with the SEC, which is available at this link. Also, CEO Robert A. Iger sold 372,412 shares of the stock in a transaction dated 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 sale, the chief executive officer now directly 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 insiders.

Walt Disney Trading Up 1.9 %

NYSE:DIS opened at $117.61 on Thursday. The stock has a fifty day simple moving average of $99.51 and a 200 day simple moving average of $97.00. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $212.98 billion, a price-to-earnings ratio of 43.40, a price-to-earnings-growth ratio of 2.16 and a beta of 1.40. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74.

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.