Baron Wealth Management LLC Buys 117 Shares of The Walt Disney Company (NYSE:DIS)

Baron Wealth Management LLC lifted its stake in The Walt Disney Company (NYSE:DIS) by 2.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,149 shares of the entertainment giant’s stock after acquiring an additional 117 shares during the period. Baron Wealth Management LLC’s holdings in Walt Disney were worth $399,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in DIS. Capital World Investors raised its stake in shares of Walt Disney by 3,332.4% in the 1st quarter. Capital World Investors now owns 6,267,593 shares of the entertainment giant’s stock valued at $766,903,000 after acquiring an additional 6,084,993 shares in the last quarter. Swedbank AB bought a new position in Walt Disney in the 1st quarter worth approximately $493,715,000. Farallon Capital Management LLC bought a new position in Walt Disney in the 2nd quarter worth approximately $355,673,000. International Assets Investment Management LLC increased its position in Walt Disney by 12,574.4% in the 3rd quarter. International Assets Investment Management LLC now owns 3,426,393 shares of the entertainment giant’s stock worth $329,585,000 after buying an additional 3,399,359 shares during the period. Finally, Van ECK Associates Corp increased its position in Walt Disney by 114.4% in the 3rd quarter. Van ECK Associates Corp now owns 4,307,794 shares of the entertainment giant’s stock worth $414,582,000 after buying an additional 2,298,921 shares during the period. 65.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

DIS has been the topic of several recent analyst reports. Barclays dropped their price target on Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a research report on Thursday, August 8th. Wells Fargo & Company boosted their price target on Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a research note on Friday. 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 research note on Friday. Evercore ISI boosted their price objective on Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a research note on Monday. Finally, Bank of America boosted their target price on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday. Five 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 MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $123.83.

Walt Disney Trading Down 1.3 %

NYSE DIS opened at $113.55 on Tuesday. The firm has a market cap of $205.93 billion, a P/E ratio of 41.90, a P/E/G ratio of 1.87 and a beta of 1.40. 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 stock’s 50-day moving average is $96.07 and its 200-day moving average is $96.60. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74.

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.