The Walt Disney Company (NYSE:DIS) Stock Holdings Raised by Focused Investors LLC

Focused Investors LLC lifted its stake in shares of The Walt Disney Company (NYSE:DIS) by 11.7% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,234,500 shares of the entertainment giant’s stock after purchasing an additional 129,800 shares during the period. Walt Disney comprises about 3.6% of Focused Investors LLC’s investment portfolio, making the stock its 14th biggest holding. Focused Investors LLC’s holdings in Walt Disney were worth $118,747,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of DIS. William B. Walkup & Associates Inc. bought a new position in Walt Disney during the 2nd quarter worth approximately $32,000. Mascoma Wealth Management LLC lifted its stake in Walt Disney by 38.0% during the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after purchasing an additional 122 shares during the last quarter. First PREMIER Bank lifted its stake in Walt Disney by 98.1% during the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock worth $50,000 after purchasing an additional 256 shares during the last quarter. Iron Horse Wealth Management LLC boosted its holdings in Walt Disney by 148.7% in the second quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant’s stock worth $55,000 after purchasing an additional 333 shares during the period. Finally, Livelsberger Financial Advisory bought a new stake in Walt Disney during the third quarter valued at $57,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $115.08 on Friday. The stock has a market cap of $208.71 billion, a price-to-earnings ratio of 42.46, a PEG ratio of 1.87 and a beta of 1.40. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.66. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. The stock’s 50 day moving average price is $95.57 and its 200 day moving average price is $96.69.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on DIS. Barclays reduced their price target on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. UBS Group cut their target price on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. TD Cowen upped their target price on Walt Disney from $108.00 to $123.00 and gave the company a “hold” rating in a report on Friday. Macquarie increased their price target on Walt Disney from $91.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday. Finally, Loop Capital boosted their price objective on Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Friday. Five equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $123.57.

About Walt Disney

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.