Darwin Wealth Management LLC Makes New Investment in The Walt Disney Company (NYSE:DIS)

Darwin Wealth Management LLC purchased a new stake in shares of The Walt Disney Company (NYSE:DIS) during the third quarter, HoldingsChannel reports. The institutional investor purchased 1,825 shares of the entertainment giant’s stock, valued at approximately $176,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. William B. Walkup & Associates Inc. bought a new stake in Walt Disney in the 2nd quarter valued at $32,000. Mascoma Wealth Management LLC lifted its position in shares of Walt Disney by 38.0% in the 2nd quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after purchasing an additional 122 shares during the period. First PREMIER Bank increased its stake in Walt Disney by 98.1% during the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after purchasing an additional 256 shares in the last quarter. Iron Horse Wealth Management LLC increased its stake in shares of Walt Disney by 148.7% in the second quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant’s stock worth $55,000 after acquiring an additional 333 shares during the period. Finally, Livelsberger Financial Advisory purchased a new stake in Walt Disney during the third quarter worth $57,000. Institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. UBS Group decreased their price target on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Macquarie lifted their price target on shares of Walt Disney from $91.00 to $110.00 and gave the stock a “neutral” rating in a research note on Friday, November 15th. JPMorgan Chase & Co. reduced their price objective 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. Piper Sandler assumed coverage on shares of Walt Disney in a research note on Wednesday, October 16th. They issued a “neutral” rating and a $95.00 price objective on the stock. Finally, TD Cowen upped their price target on shares of Walt Disney from $108.00 to $123.00 and gave the stock a “hold” rating in a research note on Friday, November 15th. Five analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $123.83.

Walt Disney Stock Performance

Shares of NYSE DIS opened at $114.27 on Thursday. 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 Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. The stock has a 50 day moving average of $97.07 and a 200-day moving average of $96.72. The company has a market capitalization of $206.94 billion, a P/E ratio of 42.17, a P/E/G ratio of 1.85 and a beta of 1.40.

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.