Aljian Capital Management LLC Makes New $1.23 Million Investment in The Walt Disney Company (NYSE:DIS)

Aljian Capital Management LLC purchased a new stake in The Walt Disney Company (NYSE:DIS) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,769 shares of the entertainment giant’s stock, valued at approximately $1,228,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Prudent Man Advisors LLC grew its stake in shares of Walt Disney by 73.4% during the 3rd quarter. Prudent Man Advisors LLC now owns 8,968 shares of the entertainment giant’s stock worth $863,000 after purchasing an additional 3,797 shares during the period. Clarkston Capital Partners LLC grew its holdings in shares of Walt Disney by 2.0% in the 3rd quarter. Clarkston Capital Partners LLC now owns 238,974 shares of the entertainment giant’s stock worth $22,987,000 after acquiring an additional 4,788 shares during the period. Marathon Trading Investment Management LLC increased its stake in Walt Disney by 30.8% in the 3rd quarter. Marathon Trading Investment Management LLC now owns 10,202 shares of the entertainment giant’s stock valued at $981,000 after purchasing an additional 2,400 shares in the last quarter. Claro Advisors LLC raised its holdings in Walt Disney by 16.2% during the third quarter. Claro Advisors LLC now owns 17,907 shares of the entertainment giant’s stock worth $1,723,000 after purchasing an additional 2,497 shares during the last quarter. Finally, RiverPark Advisors LLC boosted its position in Walt Disney by 2.5% during the third quarter. RiverPark Advisors LLC now owns 26,240 shares of the entertainment giant’s stock worth $2,524,000 after purchasing an additional 643 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Up 5.5 %

NYSE DIS opened at $115.08 on Monday. The firm has a market capitalization of $208.71 billion, a price-to-earnings ratio of 42.46, a PEG ratio of 1.87 and a beta of 1.40. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.66 and a current ratio of 0.73. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The company’s 50 day moving average price is $95.57 and its 200 day moving average price is $96.60.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on DIS. Loop Capital raised their price target on Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Friday. JPMorgan Chase & Co. cut their target price on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. Bank of America upped their price target on shares of Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a report on Friday. Evercore ISI raised their price objective on shares of Walt Disney from $105.00 to $128.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. Finally, TD Cowen upped their target price on Walt Disney from $108.00 to $123.00 and gave the company a “hold” rating in a research note on Friday. Five analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $123.57.

Walt Disney 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.