The Walt Disney Company (NYSE:DIS) Shares Sold by Wiser Advisor Group LLC

Wiser Advisor Group LLC trimmed its stake in The Walt Disney Company (NYSE:DIS) by 25.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,605 shares of the entertainment giant’s stock after selling 901 shares during the quarter. Wiser Advisor Group LLC’s holdings in Walt Disney were worth $251,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Quent Capital LLC lifted its stake in shares of 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 purchasing an additional 327 shares in the last quarter. Waverly Advisors LLC lifted its position in Walt Disney by 51.3% during the first quarter. Waverly Advisors LLC now owns 24,680 shares of the entertainment giant’s stock valued at $3,020,000 after buying an additional 8,366 shares in the last quarter. Kennedy Capital Management LLC purchased a new stake in Walt Disney during the first quarter worth approximately $5,903,000. Janus Henderson Group PLC increased its position in shares of Walt Disney by 663.0% in the first quarter. Janus Henderson Group PLC now owns 1,897,850 shares of the entertainment giant’s stock worth $232,217,000 after acquiring an additional 1,649,115 shares in the last quarter. Finally, Industrial Alliance Investment Management Inc. raised its stake in shares of Walt Disney by 3.8% in the 1st quarter. Industrial Alliance Investment Management Inc. now owns 8,714 shares of the entertainment giant’s stock valued at $1,066,000 after acquiring an additional 322 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on DIS shares. Bank of America raised their price objective on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Macquarie boosted 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, November 15th. TD Cowen increased their price objective on shares of Walt Disney from $108.00 to $123.00 and gave the company a “hold” 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 company a “buy” rating in a research note on Friday, November 15th. Finally, UBS Group dropped their price target on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Five investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and an average price target of $123.83.

Insider Activity

In other Walt Disney news, CEO Robert A. Iger sold 372,412 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief executive officer now directly owns 226,767 shares in the company, valued at $25,980,695.19. This trade represents a 62.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Brent Woodford sold 5,000 shares of the business’s stock in a transaction that occurred 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 sale, the executive vice president now owns 44,055 shares in the company, valued at $5,005,529.10. This represents a 10.19 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.10% of the company’s stock.

Walt Disney Price Performance

NYSE:DIS traded up $0.64 during midday trading on Monday, hitting $116.29. 877,413 shares of the stock were exchanged, compared to its average volume of 10,965,577. The business has a 50-day moving average price of $98.09 and a two-hundred day moving average price of $96.72. The company has a current ratio of 0.73, a quick ratio of 0.67 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $210.59 billion, a price-to-earnings ratio of 42.68, a P/E/G ratio of 2.15 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.

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.