Claro Advisors LLC Has $1.72 Million Stake in The Walt Disney Company (NYSE:DIS)

Claro Advisors LLC boosted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 16.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,907 shares of the entertainment giant’s stock after buying an additional 2,497 shares during the period. Claro Advisors LLC’s holdings in Walt Disney were worth $1,723,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Transcendent Capital Group LLC increased its stake in 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 period. Connable Office Inc. increased its holdings in Walt Disney by 0.3% in the 3rd quarter. Connable Office Inc. now owns 35,048 shares of the entertainment giant’s stock valued at $3,371,000 after buying an additional 108 shares during the period. ADE LLC raised its position in shares of Walt Disney by 4.6% in the 2nd quarter. ADE LLC now owns 2,509 shares of the entertainment giant’s stock valued at $249,000 after buying an additional 110 shares in 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 period. Finally, Absher Wealth Management LLC boosted its position 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 in the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Up 5.5 %

Shares of DIS stock opened at $115.08 on Friday. The company has a market cap of $208.71 billion, a P/E ratio of 42.46, a PEG ratio of 1.87 and a beta of 1.40. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The stock has a 50 day simple moving average of $95.57 and a two-hundred day simple moving average of $96.69. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.73.

Analysts Set New Price Targets

DIS has been the subject of several research analyst reports. JPMorgan Chase & Co. lowered their price objective on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. Bank of America raised their price objective on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Friday. Morgan Stanley increased their target price on shares of Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a report on Friday. Wells Fargo & Company lifted their price target on shares of Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a report on Friday. Finally, Sanford C. Bernstein raised their target price on shares of Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday. Five research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and a consensus target price of $123.57.

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.