Prudent Man Advisors LLC Increases Holdings in The Walt Disney Company (NYSE:DIS)

Prudent Man Advisors LLC raised its position in shares of The Walt Disney Company (NYSE:DIS) by 73.4% in the third quarter, HoldingsChannel reports. The firm owned 8,968 shares of the entertainment giant’s stock after acquiring an additional 3,797 shares during the period. Prudent Man Advisors LLC’s holdings in Walt Disney were worth $863,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. William B. Walkup & Associates Inc. purchased a new stake in shares of Walt Disney in the 2nd quarter worth approximately $32,000. Mascoma Wealth Management LLC increased its holdings in shares of Walt Disney by 38.0% in the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock valued at $44,000 after acquiring an additional 122 shares during the period. First PREMIER Bank raised its position in shares of Walt Disney by 98.1% in the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock worth $50,000 after acquiring an additional 256 shares in the last quarter. Iron Horse Wealth Management LLC lifted its stake in shares of Walt Disney by 148.7% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant’s stock worth $55,000 after purchasing an additional 333 shares during the last quarter. Finally, Livelsberger Financial Advisory bought a new stake in Walt Disney during the third quarter valued at about $57,000. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on DIS. Evercore ISI boosted their target price on shares of Walt Disney from $105.00 to $128.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Loop Capital raised their target price on shares of Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Friday. TD Cowen raised their price objective on Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a research report on Friday. Sanford C. Bernstein upped their target price on Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Raymond James reissued a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. Five research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $123.57.

Walt Disney Trading Up 5.5 %

Shares of Walt Disney stock opened at $115.08 on Monday. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.73. The company has a market cap of $208.71 billion, a P/E ratio of 42.46, a price-to-earnings-growth ratio of 1.87 and a beta of 1.40. The firm has a 50-day simple moving average of $95.57 and a two-hundred day simple moving average of $96.60.

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.