The Walt Disney Company (NYSE:DIS) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. decreased its position in shares of The Walt Disney Company (NYSE:DIS) by 5.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 591,518 shares of the entertainment giant’s stock after selling 31,163 shares during the quarter. Victory Capital Management Inc.’s holdings in Walt Disney were worth $56,898,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of Walt Disney by 1.5% in the 1st quarter. Vanguard Group Inc. now owns 153,769,084 shares of the entertainment giant’s stock valued at $18,815,185,000 after acquiring an additional 2,325,582 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in Walt Disney by 10.8% in the second quarter. Bank of New York Mellon Corp now owns 14,883,983 shares of the entertainment giant’s stock valued at $1,477,831,000 after purchasing an additional 1,449,730 shares during the last quarter. Legal & General Group Plc grew its position in Walt Disney by 3.1% during the 2nd quarter. Legal & General Group Plc now owns 14,281,047 shares of the entertainment giant’s stock worth $1,417,958,000 after purchasing an additional 425,438 shares during the period. Price T Rowe Associates Inc. MD raised its stake in shares of Walt Disney by 2.5% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 12,040,297 shares of the entertainment giant’s stock valued at $1,473,252,000 after buying an additional 293,482 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Walt Disney by 1.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 9,953,903 shares of the entertainment giant’s stock valued at $988,290,000 after buying an additional 102,210 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

DIS opened at $109.13 on Friday. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74. The firm has a market capitalization of $197.92 billion, a PE ratio of 41.97, a PEG ratio of 1.64 and a beta of 1.40. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38. The firm’s 50-day moving average price is $94.62 and its 200 day moving average price is $96.69.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Loop Capital dropped their target price on Walt Disney from $139.00 to $130.00 and set a “buy” rating on the stock in a report on Tuesday, July 30th. UBS Group decreased their target price on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Seaport Res Ptn upgraded shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Evercore ISI upped their price objective on shares of Walt Disney from $105.00 to $128.00 and gave the stock an “outperform” rating in a research report on Tuesday. Finally, Barclays dropped their target price 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. Four investment analysts have rated the stock with a hold rating, seventeen have assigned 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 target price of $119.14.

Walt Disney 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.