The Walt Disney Company (NYSE:DIS) is V2 Financial group LLC’s 3rd Largest Position

V2 Financial group LLC reduced its holdings in shares of The Walt Disney Company (NYSE:DIS) by 3.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,475 shares of the entertainment giant’s stock after selling 1,468 shares during the quarter. Walt Disney comprises 2.8% of V2 Financial group LLC’s investment portfolio, making the stock its 3rd biggest position. V2 Financial group LLC’s holdings in Walt Disney were worth $4,374,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Winslow Asset Management Inc. raised its position in shares of Walt Disney by 6.6% in the third quarter. Winslow Asset Management Inc. now owns 71,849 shares of the entertainment giant’s stock worth $6,911,000 after buying an additional 4,440 shares in the last quarter. Proactive Wealth Strategies LLC purchased a new stake in shares of Walt Disney in the 3rd quarter valued at about $1,828,000. Platform Technology Partners raised its holdings in shares of Walt Disney by 31.6% in the 3rd quarter. Platform Technology Partners now owns 8,885 shares of the entertainment giant’s stock valued at $855,000 after acquiring an additional 2,136 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Walt Disney by 0.9% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,464,176 shares of the entertainment giant’s stock valued at $429,409,000 after acquiring an additional 40,284 shares during the last quarter. Finally, Patron Partners LLC purchased a new position in shares of Walt Disney during the third quarter worth about $215,000. 65.71% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on DIS shares. Raymond James reaffirmed a “market perform” rating on shares of Walt Disney in a research note on Tuesday, October 1st. Morgan Stanley dropped their price objective on shares of Walt Disney from $130.00 to $110.00 and set an “overweight” rating for the company in a report on Monday, August 5th. Wells Fargo & Company reduced their target price on Walt Disney from $136.00 to $116.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th. Macquarie lowered their price target on Walt Disney from $94.00 to $91.00 and set a “neutral” rating on the stock in a research report on Thursday, September 19th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $110.00 price objective on shares of Walt Disney in a report on Wednesday, October 23rd. Four research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus price target of $118.05.

Walt Disney Stock Up 1.9 %

NYSE:DIS opened at $100.88 on Tuesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. The firm’s 50-day moving average price is $94.11 and its 200-day moving average price is $96.73. The company has a market capitalization of $182.95 billion, a PE ratio of 38.80, a P/E/G ratio of 1.58 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 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.