The Walt Disney Company (NYSE:DIS) Shares Sold by Knuff & Co LLC

Knuff & Co LLC decreased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 20.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,199 shares of the entertainment giant’s stock after selling 5,163 shares during the quarter. Knuff & Co LLC’s holdings in Walt Disney were worth $1,943,000 at the end of the most recent quarter.

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

Walt Disney Stock Performance

Shares of DIS opened at $113.55 on Tuesday. The company has a market capitalization of $205.93 billion, a price-to-earnings ratio of 41.90, a price-to-earnings-growth ratio of 1.87 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. The company has a quick ratio of 0.66, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. The stock has a 50 day moving average price of $96.07 and a 200 day moving average price of $96.60.

Analysts Set New Price Targets

A number of brokerages have issued reports on DIS. Seaport Res Ptn raised Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Guggenheim increased their target price on Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday. Needham & Company LLC lifted their target price on Walt Disney from $110.00 to $130.00 and gave the company a “buy” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft increased their price target on shares of Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a research report on Friday. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Five equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus target price of $123.83.

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.