Nations Financial Group Inc. IA ADV Has $981,000 Stake in The Walt Disney Company (NYSE:DIS)

Nations Financial Group Inc. IA ADV cut its holdings in shares of The Walt Disney Company (NYSE:DIS) by 10.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,200 shares of the entertainment giant’s stock after selling 1,220 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Walt Disney were worth $981,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Capital World Investors lifted its position in Walt Disney by 3,332.4% during the first quarter. Capital World Investors now owns 6,267,593 shares of the entertainment giant’s stock worth $766,903,000 after acquiring an additional 6,084,993 shares during the last quarter. Swedbank AB acquired a new stake in Walt Disney during the 1st quarter worth approximately $493,715,000. Farallon Capital Management LLC bought a new stake in Walt Disney in the 2nd quarter valued at $355,673,000. Ontario Teachers Pension Plan Board bought a new stake in Walt Disney in the 1st quarter valued at $425,567,000. Finally, International Assets Investment Management LLC increased its position 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 buying an additional 3,399,359 shares during the period. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of DIS stock opened at $101.02 on Wednesday. The firm has a market capitalization of $183.21 billion, a price-to-earnings ratio of 38.85, a PEG ratio of 1.58 and a beta of 1.40. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38. The business’s 50-day moving average price is $94.11 and its 200-day moving average price is $96.73. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74.

Analysts Set New Price Targets

Several equities analysts recently commented on DIS shares. Barclays decreased their price target on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th. Seaport Res Ptn raised shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th. Evercore ISI boosted their price target on Walt Disney from $105.00 to $128.00 and gave the company an “outperform” rating in a research note on Tuesday. JPMorgan Chase & Co. lowered their price objective on Walt Disney from $135.00 to $125.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th. Finally, Morgan Stanley cut their target price on Walt Disney from $130.00 to $110.00 and set an “overweight” rating for the company in a research report on Monday, August 5th. Four analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and an average price target of $119.14.

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.