Clifford Capital Partners LLC Lowers Stock Holdings in The Walt Disney Company (NYSE:DIS)

Clifford Capital Partners LLC reduced its stake in shares of The Walt Disney Company (NYSE:DIS) by 3.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 160,035 shares of the entertainment giant’s stock after selling 5,499 shares during the quarter. Walt Disney accounts for approximately 3.1% of Clifford Capital Partners LLC’s portfolio, making the stock its 19th largest holding. Clifford Capital Partners LLC’s holdings in Walt Disney were worth $15,394,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of DIS. Smithfield Trust Co lifted its position in Walt Disney by 0.5% during the third quarter. Smithfield Trust Co now owns 18,869 shares of the entertainment giant’s stock valued at $1,809,000 after acquiring an additional 102 shares during the last quarter. Connable Office Inc. lifted its position in Walt Disney by 0.3% during the third quarter. Connable Office Inc. now owns 35,048 shares of the entertainment giant’s stock valued at $3,371,000 after acquiring an additional 108 shares during the last quarter. ADE LLC lifted its position in Walt Disney by 4.6% during the second quarter. ADE LLC now owns 2,509 shares of the entertainment giant’s stock valued at $249,000 after acquiring an additional 110 shares during the last quarter. Cozad Asset Management Inc. lifted its position in Walt Disney by 1.9% during the third quarter. Cozad Asset Management Inc. now owns 6,017 shares of the entertainment giant’s stock valued at $579,000 after acquiring an additional 110 shares during the last quarter. Finally, Absher Wealth Management LLC raised its holdings in shares of Walt Disney by 0.8% in the third quarter. Absher Wealth Management LLC now owns 14,141 shares of the entertainment giant’s stock worth $1,360,000 after buying an additional 111 shares during the last quarter. 65.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

DIS has been the subject of a number of research analyst reports. Guggenheim 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. Bank of America raised their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Sanford C. Bernstein raised their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, November 15th. Raymond James reaffirmed a “market perform” rating on shares of Walt Disney in a report on Tuesday, October 1st. Finally, Evercore ISI raised their price target on shares of Walt Disney from $128.00 to $134.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Five 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 data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and an average target price of $123.83.

Insider Activity

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

Walt Disney Stock Down 0.5 %

DIS stock opened at $115.46 on Wednesday. The firm has a market cap of $209.08 billion, a PE ratio of 42.60, a P/E/G ratio of 2.16 and a beta of 1.40. 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 firm’s fifty day moving average is $99.03 and its 200 day moving average is $96.86. 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.