The Walt Disney Company (NYSE:DIS) Shares Sold by Boston Family Office LLC

Boston Family Office LLC cut its position in The Walt Disney Company (NYSE:DIS) by 2.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,830 shares of the entertainment giant’s stock after selling 2,024 shares during the period. Boston Family Office LLC’s holdings in Walt Disney were worth $8,256,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in DIS. Quent Capital LLC raised its holdings in Walt Disney by 4.4% in the 1st quarter. Quent Capital LLC now owns 7,766 shares of the entertainment giant’s stock valued at $950,000 after acquiring an additional 327 shares during the last quarter. Waverly Advisors LLC increased its holdings in shares of Walt Disney by 51.3% in the first quarter. Waverly Advisors LLC now owns 24,680 shares of the entertainment giant’s stock valued at $3,020,000 after purchasing an additional 8,366 shares during the last quarter. Kennedy Capital Management LLC purchased a new position in Walt Disney during the first quarter worth approximately $5,903,000. Janus Henderson Group PLC boosted its stake in Walt Disney by 663.0% during the first quarter. Janus Henderson Group PLC now owns 1,897,850 shares of the entertainment giant’s stock worth $232,217,000 after buying an additional 1,649,115 shares during the last quarter. Finally, Industrial Alliance Investment Management Inc. grew its holdings in Walt Disney by 3.8% in the 1st quarter. Industrial Alliance Investment Management Inc. now owns 8,714 shares of the entertainment giant’s stock valued at $1,066,000 after buying an additional 322 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Walt Disney

In other news, CEO Robert A. Iger sold 372,412 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the completion of the sale, the chief executive officer now owns 226,767 shares in the company, valued at $25,980,695.19. This represents a 62.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Brent Woodford sold 5,000 shares of Walt Disney stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total transaction of $568,100.00. Following the completion of the transaction, the executive vice president now owns 44,055 shares in the company, valued at approximately $5,005,529.10. This trade represents a 10.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.10% of the stock is owned by company insiders.

Analyst Ratings Changes

DIS has been the topic of several analyst reports. Barclays reduced their price target on Walt Disney from $130.00 to $105.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. Bank of America boosted their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a report on Friday, November 15th. Needham & Company LLC raised their price target on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Raymond James reiterated a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. Finally, Loop Capital increased their price objective on Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Five analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $123.83.

Walt Disney Trading Up 0.8 %

NYSE DIS opened at $115.65 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.67 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 firm’s fifty day moving average is $98.09 and its two-hundred day moving average is $96.72. The firm has a market cap of $209.44 billion, a PE ratio of 42.68, a P/E/G ratio of 2.15 and a beta of 1.40.

About Walt Disney

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.