BNP PARIBAS ASSET MANAGEMENT Holding S.A. Grows Stock Holdings in The Walt Disney Company (NYSE:DIS)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 9.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,708,541 shares of the entertainment giant’s stock after purchasing an additional 144,139 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned 0.09% of Walt Disney worth $164,345,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Quent Capital LLC increased its position 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 acquiring an additional 327 shares during the last quarter. Edgestream Partners L.P. raised its position in shares of Walt Disney by 3.4% in the 1st 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 in the last quarter. Bessemer Group Inc. boosted its stake in shares of Walt Disney by 11.2% during the 1st quarter. Bessemer Group Inc. now owns 53,008 shares of the entertainment giant’s stock valued at $6,487,000 after buying an additional 5,327 shares during the last quarter. CreativeOne Wealth LLC grew its position in shares of Walt Disney by 34.0% during the first quarter. CreativeOne Wealth LLC now owns 10,891 shares of the entertainment giant’s stock worth $1,333,000 after buying an additional 2,763 shares in the last quarter. Finally, Advisors Asset Management Inc. increased its stake in shares of Walt Disney by 30.8% in the first quarter. Advisors Asset Management Inc. now owns 25,987 shares of the entertainment giant’s stock worth $3,180,000 after buying an additional 6,118 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Upgrades and Downgrades

DIS has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Sanford C. Bernstein boosted their price objective on Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a report on Friday, November 15th. Morgan Stanley increased their target price on Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a report on Friday, November 15th. Needham & Company LLC boosted their price target on Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Piper Sandler initiated coverage on Walt Disney in a research note on Wednesday, October 16th. They set a “neutral” rating and a $95.00 price objective on the stock. Five analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $123.83.

Walt Disney Stock Up 1.6 %

DIS stock opened at $114.27 on Thursday. The firm’s 50-day moving average is $97.07 and its two-hundred day moving average is $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 $206.94 billion, a price-to-earnings ratio of 42.17, a price-to-earnings-growth ratio of 2.09 and a beta of 1.40. The Walt Disney Company has a 52 week low of $83.91 and a 52 week 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.