Bellecapital International Ltd. increased its position in Walt Disney Co (NYSE:DIS) by 14.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,962 shares of the entertainment giant’s stock after buying an additional 1,524 shares during the quarter. Walt Disney comprises approximately 0.9% of Bellecapital International Ltd.’s holdings, making the stock its 26th largest position. Bellecapital International Ltd.’s holdings in Walt Disney were worth $1,559,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in DIS. Ascent Wealth Partners LLC lifted its holdings in shares of Walt Disney by 0.8% during the third quarter. Ascent Wealth Partners LLC now owns 33,488 shares of the entertainment giant’s stock valued at $4,364,000 after purchasing an additional 257 shares during the last quarter. Wendell David Associates Inc. lifted its holdings in shares of Walt Disney by 1.6% during the third quarter. Wendell David Associates Inc. now owns 69,198 shares of the entertainment giant’s stock valued at $9,018,000 after purchasing an additional 1,096 shares during the last quarter. Horan Capital Advisors LLC. lifted its holdings in shares of Walt Disney by 61.8% during the third quarter. Horan Capital Advisors LLC. now owns 17,177 shares of the entertainment giant’s stock valued at $2,239,000 after purchasing an additional 6,559 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV purchased a new stake in shares of Walt Disney during the third quarter valued at $855,000. Finally, LVW Advisors LLC lifted its holdings in shares of Walt Disney by 106.5% during the third quarter. LVW Advisors LLC now owns 14,208 shares of the entertainment giant’s stock valued at $1,852,000 after purchasing an additional 7,326 shares during the last quarter. Institutional investors and hedge funds own 68.45% of the company’s stock.
Shares of Walt Disney stock opened at $131.13 on Thursday. The stock has a 50-day moving average price of $132.82 and a 200 day moving average price of $135.55. The company has a market cap of $238.50 billion, a P/E ratio of 18.52, a P/E/G ratio of 4.44 and a beta of 0.96. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 0.38. Walt Disney Co has a 1 year low of $100.35 and a 1 year high of $147.15.
In related news, EVP Brent Woodford sold 2,200 shares of the stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $146.68, for a total value of $322,696.00. Following the completion of the sale, the executive vice president now directly owns 34,679 shares of the company’s stock, valued at approximately $5,086,715.72. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.36% of the stock is currently owned by corporate insiders.
Several equities research analysts have recently commented on the company. Needham & Company LLC reaffirmed a “hold” rating on shares of Walt Disney in a report on Friday, September 27th. Sanford C. Bernstein set a $130.00 target price on Walt Disney and gave the company a “hold” rating in a report on Thursday, September 12th. Wells Fargo & Co assumed coverage on Walt Disney in a report on Monday, September 23rd. They set an “outperform” rating and a $173.00 target price for the company. Credit Suisse Group reaffirmed a “buy” rating and set a $150.00 target price on shares of Walt Disney in a report on Thursday, August 8th. Finally, Zacks Investment Research raised Walt Disney from a “strong sell” rating to a “hold” rating and set a $120.00 target price for the company in a report on Tuesday, July 9th. Seven research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $151.31.
Walt Disney Profile
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.
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