Parnassus Investments LLC Has $73.92 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

Parnassus Investments LLC raised its holdings in The Walt Disney Company (NYSE:DISFree Report) by 0.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 768,519 shares of the entertainment giant’s stock after acquiring an additional 4,300 shares during the quarter. Parnassus Investments LLC’s holdings in Walt Disney were worth $73,924,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. William B. Walkup & Associates Inc. acquired a new position in Walt Disney during the 2nd quarter worth about $32,000. Mascoma Wealth Management LLC lifted its stake in shares of Walt Disney by 38.0% in the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after acquiring an additional 122 shares during the period. First PREMIER Bank boosted its holdings in Walt Disney by 98.1% in the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after acquiring an additional 256 shares during the last quarter. Iron Horse Wealth Management LLC increased its position in Walt Disney by 148.7% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant’s stock valued at $55,000 after purchasing an additional 333 shares during the period. Finally, Livelsberger Financial Advisory bought a new position in Walt Disney during the 3rd quarter worth approximately $57,000. Institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Down 1.3 %

NYSE DIS opened at $113.55 on Tuesday. 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 firm has a market capitalization of $205.63 billion, a P/E ratio of 41.90, a PEG ratio of 1.85 and a beta of 1.40. The business has a fifty day simple moving average of $96.07 and a 200 day simple moving average of $96.60. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74.

Analyst Ratings Changes

A number of research firms have recently commented on DIS. Barclays reduced their price objective on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th. 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 note on Friday. TD Cowen raised their target price on Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a research note on Friday. Raymond James reissued a “market perform” rating on shares of Walt Disney in a research note on Tuesday, October 1st. Finally, Piper Sandler started coverage on shares of Walt Disney in a research report on Wednesday, October 16th. They set a “neutral” rating and a $95.00 price objective for the company. Five research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and a consensus price target of $123.83.

View Our Latest Report on Walt Disney

Walt Disney Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.