The Walt Disney Company (NYSE:DIS) Shares Bought by BNP PARIBAS ASSET MANAGEMENT Holding S.A.

BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in The Walt Disney Company (NYSE:DIS) by 9.2% during the third quarter, Holdings Channel reports. The firm owned 1,708,541 shares of the entertainment giant’s stock after purchasing an additional 144,139 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Walt Disney were worth $164,345,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Transcendent Capital Group LLC raised its holdings 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. increased its position in shares of 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 in the last quarter. ADE LLC lifted its holdings in Walt Disney by 4.6% during the second quarter. ADE LLC now owns 2,509 shares of the entertainment giant’s stock worth $249,000 after acquiring an additional 110 shares in the last quarter. Cozad Asset Management Inc. lifted its holdings in Walt Disney by 1.9% during the third 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 in the last quarter. Finally, Absher Wealth Management LLC grew its stake in Walt Disney by 0.8% in the third quarter. Absher Wealth Management LLC now owns 14,141 shares of the entertainment giant’s stock valued at $1,360,000 after acquiring an additional 111 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Walt Disney Price Performance

NYSE:DIS opened at $114.27 on Thursday. The firm’s fifty day moving average price is $97.07 and its two-hundred day moving average price is $96.72. 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 company has a market cap of $206.94 billion, a P/E ratio of 42.17, a P/E/G ratio of 2.09 and a beta of 1.40. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on DIS shares. Barclays dropped their price target on Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Evercore ISI lifted their price target on shares of Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research note on Monday. Morgan Stanley increased their price objective on shares of Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a research report on Friday, November 15th. Needham & Company LLC upped their target price on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Finally, Seaport Res Ptn upgraded Walt Disney from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th. 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 company. Based on data from MarketBeat, the company 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.