Cypress Capital Group Acquires 1,329 Shares of The Walt Disney Company (NYSE:DIS)

Cypress Capital Group increased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 3.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 36,463 shares of the entertainment giant’s stock after acquiring an additional 1,329 shares during the period. Cypress Capital Group’s holdings in Walt Disney were worth $3,507,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Landscape Capital Management L.L.C. boosted its stake in shares of Walt Disney by 175.1% during the third quarter. Landscape Capital Management L.L.C. now owns 52,207 shares of the entertainment giant’s stock valued at $5,022,000 after purchasing an additional 33,230 shares during the period. Intech Investment Management LLC lifted its holdings in Walt Disney by 176.5% during the 3rd quarter. Intech Investment Management LLC now owns 508,688 shares of the entertainment giant’s stock valued at $48,931,000 after buying an additional 324,684 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in Walt Disney by 9.2% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 1,708,541 shares of the entertainment giant’s stock valued at $164,345,000 after buying an additional 144,139 shares during the period. Cornerstone Advisors LLC grew its stake in Walt Disney by 9.9% in the 3rd quarter. Cornerstone Advisors LLC now owns 87,600 shares of the entertainment giant’s stock worth $8,426,000 after acquiring an additional 7,900 shares in the last quarter. Finally, Citizens Financial Group Inc. RI increased its position in shares of Walt Disney by 42.5% during the third quarter. Citizens Financial Group Inc. RI now owns 230,530 shares of the entertainment giant’s stock worth $22,175,000 after acquiring an additional 68,698 shares during the period. Institutional investors own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Loop Capital boosted their price target on Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a report on Friday, November 15th. Deutsche Bank Aktiengesellschaft upped their target price on Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Morgan Stanley raised their price target on Walt Disney from $110.00 to $125.00 and gave the company an “overweight” rating in a research note on Friday, November 15th. Bank of America upped their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Finally, UBS Group cut their target price on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Five equities research 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. According to data from MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and a consensus target price of $123.83.

Walt Disney Stock Up 1.6 %

DIS stock opened at $114.27 on Thursday. The stock has a market capitalization of $206.94 billion, a PE ratio of 42.17, a price-to-earnings-growth ratio of 2.09 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 0.67, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. The firm has a 50 day moving average of $97.07 and a 200 day moving average of $96.72.

Walt Disney Company 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.