2,000 Shares in The Walt Disney Company (NYSE:DIS) Acquired by Infrastructure Capital Advisors LLC

Infrastructure Capital Advisors LLC acquired a new position in The Walt Disney Company (NYSE:DIS) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 2,000 shares of the entertainment giant’s stock, valued at approximately $192,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. FMR LLC grew its stake in Walt Disney by 8.7% in the third quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant’s stock worth $3,310,539,000 after purchasing an additional 2,765,389 shares in the last quarter. Bank of New York Mellon Corp grew its stake in Walt Disney by 10.8% in the second quarter. Bank of New York Mellon Corp now owns 14,883,983 shares of the entertainment giant’s stock worth $1,477,831,000 after purchasing an additional 1,449,730 shares in the last quarter. Legal & General Group Plc boosted its position in Walt Disney by 3.1% during the 2nd quarter. Legal & General Group Plc now owns 14,281,047 shares of the entertainment giant’s stock valued at $1,417,958,000 after acquiring an additional 425,438 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Walt Disney by 3.4% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 13,850,678 shares of the entertainment giant’s stock valued at $1,332,297,000 after acquiring an additional 454,678 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in Walt Disney by 1.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 10,411,205 shares of the entertainment giant’s stock valued at $1,001,454,000 after acquiring an additional 114,701 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of DIS stock opened at $117.60 on Friday. The firm has a market capitalization of $212.97 billion, a price-to-earnings ratio of 43.39, a price-to-earnings-growth ratio of 2.19 and a beta of 1.40. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.67. The business has a fifty day moving average of $99.99 and a 200 day moving average of $97.15. The Walt Disney Company has a 1 year low of $83.91 and a 1 year high of $123.74.

Insider Buying and Selling

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

Analyst Ratings Changes

DIS has been the topic of several recent research reports. Bank of America increased their target price on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Raymond James reaffirmed a “market perform” rating on shares of Walt Disney in a research report on Tuesday, October 1st. Wells Fargo & Company increased their target price on Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a research report on Friday, November 15th. Evercore ISI increased their target price on Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Finally, Macquarie increased their target price on Walt Disney from $91.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Five investment 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, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus target price of $123.83.

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.