Aberdeen Wealth Management LLC Increases Position in The Walt Disney Company (NYSE:DIS)

Aberdeen Wealth Management LLC lifted its holdings in The Walt Disney Company (NYSE:DIS) by 3.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 7,880 shares of the entertainment giant’s stock after purchasing an additional 241 shares during the period. Aberdeen Wealth Management LLC’s holdings in Walt Disney were worth $758,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of DIS. Transcendent Capital Group LLC increased its stake in Walt Disney by 1.4% in the first quarter. Transcendent Capital Group LLC now owns 7,912 shares of the entertainment giant’s stock worth $968,000 after purchasing an additional 108 shares during the period. Connable Office Inc. grew its holdings in shares of Walt Disney by 0.3% in the third quarter. Connable Office Inc. now owns 35,048 shares of the entertainment giant’s stock worth $3,371,000 after purchasing an additional 108 shares during the last quarter. ADE LLC grew its holdings in shares of Walt Disney by 4.6% in the second quarter. ADE LLC now owns 2,509 shares of the entertainment giant’s stock worth $249,000 after purchasing an additional 110 shares during the last quarter. Cozad Asset Management Inc. increased its stake in Walt Disney by 1.9% in the 3rd quarter. Cozad Asset Management Inc. now owns 6,017 shares of the entertainment giant’s stock worth $579,000 after buying an additional 110 shares during the period. Finally, Absher Wealth Management LLC lifted its holdings in Walt Disney by 0.8% during the 3rd quarter. Absher Wealth Management LLC now owns 14,141 shares of the entertainment giant’s stock valued at $1,360,000 after buying an additional 111 shares in the last quarter. 65.71% of the stock is owned by institutional investors.

Walt Disney Stock Down 1.3 %

Shares of DIS stock opened at $113.55 on Tuesday. The stock’s fifty day moving average price is $96.07 and its 200 day moving average price is $96.60. 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 Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The company has a market cap of $205.63 billion, a price-to-earnings ratio of 41.90, a price-to-earnings-growth ratio of 1.85 and a beta of 1.40.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on DIS. Morgan Stanley raised their target price on shares of Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a research report on Friday. Barclays reduced their price objective on Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. JPMorgan Chase & Co. decreased their target price on Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. Loop Capital increased their price target on Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Friday. Finally, TD Cowen raised their price target on Walt Disney from $108.00 to $123.00 and gave the company a “hold” rating in a research note on Friday. Five analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Walt Disney has an average rating of “Moderate Buy” and an average target price 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.