Financial Counselors Inc. Buys 8,915 Shares of The Walt Disney Company (NYSE:DIS)

Financial Counselors Inc. grew its stake in shares of The Walt Disney Company (NYSE:DIS) by 2.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 339,288 shares of the entertainment giant’s stock after acquiring an additional 8,915 shares during the quarter. Financial Counselors Inc.’s holdings in Walt Disney were worth $32,636,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Quent Capital LLC lifted its position in Walt Disney by 4.4% in the 1st quarter. Quent Capital LLC now owns 7,766 shares of the entertainment giant’s stock valued at $950,000 after acquiring an additional 327 shares in the last quarter. Strategic Wealth Partners Ltd. lifted its holdings in shares of Walt Disney by 8.7% during the first quarter. Strategic Wealth Partners Ltd. now owns 6,580 shares of the entertainment giant’s stock valued at $805,000 after purchasing an additional 524 shares in the last quarter. Independent Wealth Network Inc. purchased a new stake in shares of Walt Disney during the first quarter valued at $215,000. Beck Bode LLC bought a new stake in Walt Disney in the 1st quarter worth about $214,000. Finally, Northwest Bank & Trust Co raised its position in Walt Disney by 5.4% in the 1st quarter. Northwest Bank & Trust Co now owns 4,663 shares of the entertainment giant’s stock worth $571,000 after buying an additional 237 shares during the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Insider Buying and Selling

In other news, CEO Robert A. Iger sold 372,412 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the sale, the chief executive officer now directly owns 226,767 shares of the company’s stock, valued at $25,980,695.19. This represents a 62.15 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Brent Woodford sold 5,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The shares were 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 trade represents a 10.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.10% of the stock is owned by company insiders.

Walt Disney Trading Up 1.9 %

Shares of DIS opened at $117.61 on Thursday. The firm has a market cap of $212.98 billion, a P/E ratio of 43.40, a price-to-earnings-growth ratio of 2.16 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 0.67. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74. The company has a 50 day simple moving average of $99.51 and a two-hundred day simple moving average of $97.00.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Needham & Company LLC lifted their price target 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. Morgan Stanley boosted their target price on shares of Walt Disney from $110.00 to $125.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. Guggenheim raised their price target on Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Deutsche Bank Aktiengesellschaft upped their price objective on Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Finally, Wells Fargo & Company raised their target price on Walt Disney from $116.00 to $138.00 and gave the stock an “overweight” rating in a research report on Friday, November 15th. Five analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.83.

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.