Integrated Investment Consultants LLC Buys 57,768 Shares of The Walt Disney Company (NYSE:DIS)

Integrated Investment Consultants LLC raised its stake in shares of The Walt Disney Company (NYSE:DIS) by 1,045.6% in the 3rd quarter, Holdings Channel reports. The firm owned 63,293 shares of the entertainment giant’s stock after acquiring an additional 57,768 shares during the period. Integrated Investment Consultants LLC’s holdings in Walt Disney were worth $6,088,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in DIS. William B. Walkup & Associates Inc. purchased a new position in shares of Walt Disney in the 2nd quarter worth $32,000. Mascoma Wealth Management LLC grew its position in Walt Disney by 38.0% in the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after acquiring an additional 122 shares in the last quarter. First PREMIER Bank grew its position in Walt Disney by 98.1% in the third 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 increased its stake in Walt Disney by 148.7% during the second quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant’s stock worth $55,000 after acquiring an additional 333 shares during the last quarter. Finally, Livelsberger Financial Advisory purchased a new position in shares of Walt Disney in the 3rd quarter worth approximately $57,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

Shares of DIS opened at $114.27 on Thursday. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.67. The firm has a 50-day simple moving average of $97.07 and a two-hundred day simple moving average of $96.72. The stock has a market cap of $206.94 billion, a PE ratio of 42.17, a P/E/G ratio of 2.09 and a beta of 1.40.

Analysts Set New Price Targets

Several brokerages have recently weighed in on DIS. Macquarie increased their price target on Walt Disney from $91.00 to $110.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. Deutsche Bank Aktiengesellschaft increased their price objective on Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Barclays decreased their price objective on Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Piper Sandler assumed coverage on Walt Disney in a research report on Wednesday, October 16th. They issued a “neutral” rating and a $95.00 price target for the company. Finally, Guggenheim lifted their price objective on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Five investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus price target of $123.83.

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.