The Walt Disney Company (NYSE:DIS) Stock Position Lowered by WealthPLAN Partners LLC

WealthPLAN Partners LLC trimmed its holdings in The Walt Disney Company (NYSE:DIS) by 6.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,629 shares of the entertainment giant’s stock after selling 271 shares during the quarter. WealthPLAN Partners LLC’s holdings in Walt Disney were worth $349,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. ESL Trust Services LLC bought a new stake in Walt Disney during the first quarter worth approximately $31,000. William B. Walkup & Associates Inc. acquired a new stake in shares of Walt Disney during the second quarter worth $32,000. Mascoma Wealth Management LLC lifted its holdings in shares of Walt Disney by 38.0% during the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock valued at $44,000 after purchasing an additional 122 shares during the last quarter. First PREMIER Bank increased its stake in Walt Disney by 98.1% in the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock worth $50,000 after purchasing an additional 256 shares in the last quarter. Finally, Iron Horse Wealth Management LLC raised its holdings 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 worth $55,000 after buying an additional 333 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DIS has been the topic of several analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $110.00 target price on shares of Walt Disney in a research report on Wednesday, October 23rd. Macquarie reduced their target price on Walt Disney from $94.00 to $91.00 and set a “neutral” rating for the company in a report on Thursday, September 19th. Bank of America dropped their price target on Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Seaport Res Ptn upgraded Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Finally, Evercore ISI upped their target price on Walt Disney from $105.00 to $128.00 and gave the company an “outperform” rating in a report on Tuesday. Four equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $119.14.

Walt Disney Stock Up 0.2 %

DIS stock opened at $101.02 on Wednesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. The company has a 50-day moving average of $94.11 and a two-hundred day moving average of $96.73. The stock has a market capitalization of $183.21 billion, a price-to-earnings ratio of 38.85, a price-to-earnings-growth ratio of 1.58 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.