The Walt Disney Company (NYSE:DIS) Shares Acquired by Claro Advisors LLC

Claro Advisors LLC lifted its stake in The Walt Disney Company (NYSE:DIS) by 16.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,907 shares of the entertainment giant’s stock after purchasing an additional 2,497 shares during the quarter. Claro Advisors LLC’s holdings in Walt Disney were worth $1,723,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Quent Capital LLC boosted its holdings in shares of Walt Disney by 4.4% during the first quarter. Quent Capital LLC now owns 7,766 shares of the entertainment giant’s stock worth $950,000 after purchasing an additional 327 shares during the period. Edgestream Partners L.P. boosted its position in Walt Disney by 3.4% during the first quarter. Edgestream Partners L.P. now owns 3,876 shares of the entertainment giant’s stock valued at $474,000 after purchasing an additional 128 shares during the last quarter. Catalytic Wealth RIA LLC purchased a new position in Walt Disney in the first quarter valued at about $348,000. Resurgent Financial Advisors LLC increased its position in Walt Disney by 30.5% in the 1st quarter. Resurgent Financial Advisors LLC now owns 13,657 shares of the entertainment giant’s stock worth $1,671,000 after purchasing an additional 3,190 shares during the last quarter. Finally, Davis R M Inc. increased its position in Walt Disney by 4.4% in the 1st quarter. Davis R M Inc. now owns 226,119 shares of the entertainment giant’s stock worth $27,668,000 after purchasing an additional 9,528 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Price Performance

NYSE:DIS opened at $115.08 on Friday. 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 one year low of $83.91 and a one year high of $123.74. The company has a fifty day moving average price of $95.57 and a 200 day moving average price of $96.69. The stock has a market cap of $208.71 billion, a P/E ratio of 42.46, a PEG ratio of 1.87 and a beta of 1.40.

Analysts Set New Price Targets

Several brokerages recently commented on DIS. Sanford C. Bernstein boosted their price target on Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday. Macquarie boosted their target price on shares of Walt Disney from $91.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday. 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. Piper Sandler initiated coverage on shares of Walt Disney in a research note on Wednesday, October 16th. They issued a “neutral” rating and a $95.00 price objective for the company. Finally, Morgan Stanley increased their target price on shares of Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a research report on Friday. Five research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target 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.