Meeder Advisory Services Inc. Sells 3,125 Shares of The Walt Disney Company (NYSE:DIS)

Meeder Advisory Services Inc. lessened its position in The Walt Disney Company (NYSE:DIS) by 11.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 23,602 shares of the entertainment giant’s stock after selling 3,125 shares during the period. Meeder Advisory Services Inc.’s holdings in Walt Disney were worth $2,270,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of DIS. Transcendent Capital Group LLC lifted its holdings in shares of Walt Disney by 1.4% during the 1st quarter. Transcendent Capital Group LLC now owns 7,912 shares of the entertainment giant’s stock worth $968,000 after acquiring an additional 108 shares during the last quarter. Connable Office Inc. lifted its holdings in shares of Walt Disney by 0.3% during the 3rd quarter. Connable Office Inc. now owns 35,048 shares of the entertainment giant’s stock worth $3,371,000 after acquiring an additional 108 shares during the last quarter. ADE LLC lifted its holdings in shares of Walt Disney by 4.6% during the 2nd quarter. ADE LLC now owns 2,509 shares of the entertainment giant’s stock worth $249,000 after acquiring an additional 110 shares during the last quarter. Cozad Asset Management Inc. lifted its holdings in shares of Walt Disney by 1.9% during the 3rd quarter. Cozad Asset Management Inc. now owns 6,017 shares of the entertainment giant’s stock worth $579,000 after acquiring an additional 110 shares during the last quarter. Finally, Absher Wealth Management LLC lifted its holdings in shares of Walt Disney by 0.8% during the 3rd quarter. Absher Wealth Management LLC now owns 14,141 shares of the entertainment giant’s stock worth $1,360,000 after acquiring an additional 111 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Down 1.0 %

Shares of Walt Disney stock opened at $113.95 on Monday. The firm’s 50 day moving average price is $95.57 and its 200-day moving average price is $96.60. The company has a quick ratio of 0.66, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. The company has a market cap of $206.66 billion, a P/E ratio of 42.15, a PEG ratio of 1.87 and a beta of 1.40.

Analyst Ratings Changes

DIS has been the subject of several recent research reports. 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 research note on Friday. Bank of America upped their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Friday. Loop Capital upped their price objective on shares of Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Friday. Morgan Stanley boosted their price target on shares of Walt Disney from $110.00 to $125.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Piper Sandler initiated coverage on shares of Walt Disney in a research report on Wednesday, October 16th. They set a “neutral” rating and a $95.00 price target on the stock. Five investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Walt Disney currently has a consensus rating of “Moderate Buy” and an average target price of $123.57.

About Walt Disney

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.