Allen Capital Group LLC Purchases 127 Shares of The Walt Disney Company (NYSE:DIS)

Allen Capital Group LLC increased its position in The Walt Disney Company (NYSE:DIS) by 5.4% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,458 shares of the entertainment giant’s stock after acquiring an additional 127 shares during the quarter. Allen Capital Group LLC’s holdings in Walt Disney were worth $236,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of DIS. Asset Management Group Inc. boosted its position in Walt Disney by 3.0% in the third quarter. Asset Management Group Inc. now owns 51,071 shares of the entertainment giant’s stock worth $4,912,000 after purchasing an additional 1,471 shares during the last quarter. Biltmore Family Office LLC lifted its stake in shares of Walt Disney by 5.1% in the 3rd quarter. Biltmore Family Office LLC now owns 9,657 shares of the entertainment giant’s stock worth $929,000 after purchasing an additional 471 shares during the period. First County Bank CT boosted its holdings in shares of Walt Disney by 2.6% in the third quarter. First County Bank CT now owns 8,794 shares of the entertainment giant’s stock worth $846,000 after buying an additional 220 shares during the last quarter. Darden Wealth Group Inc bought a new stake in Walt Disney during the third quarter valued at approximately $232,000. Finally, Eagle Asset Management Inc. increased its holdings in Walt Disney by 49.2% during the third quarter. Eagle Asset Management Inc. now owns 15,000 shares of the entertainment giant’s stock valued at $1,485,000 after buying an additional 4,947 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Insider Activity at Walt Disney

In related news, EVP Brent Woodford sold 5,000 shares of the stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total transaction of $568,100.00. Following the completion of the transaction, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at approximately $5,005,529.10. This represents a 10.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert A. Iger sold 372,412 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $114.57, for a total value of $42,667,242.84. Following the transaction, the chief executive officer now directly owns 226,767 shares of the company’s stock, valued at approximately $25,980,695.19. The trade was a 62.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have recently weighed in on DIS. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Barclays lowered 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. JPMorgan Chase & Co. reduced their price target 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. Wells Fargo & Company upped their price target on Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a research report on Friday, November 15th. Finally, Evercore ISI upped their price target on Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. 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 stock. According to data from MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and an average price target of $123.83.

Walt Disney Stock Performance

NYSE DIS opened at $115.66 on Friday. The firm has a market cap of $209.45 billion, a price-to-earnings ratio of 42.68, a price-to-earnings-growth ratio of 2.09 and a beta of 1.40. The company has a quick ratio of 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. The business has a 50-day moving average price of $98.09 and a 200-day moving average price of $96.84. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74.

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.