CWS Financial Advisors LLC Sells 529 Shares of The Walt Disney Company (NYSE:DIS)

CWS Financial Advisors LLC trimmed its position in shares of The Walt Disney Company (NYSE:DIS) by 10.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 4,578 shares of the entertainment giant’s stock after selling 529 shares during the quarter. CWS Financial Advisors LLC’s holdings in Walt Disney were worth $440,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Infrastructure Capital Advisors LLC bought a new position in Walt Disney during the third quarter valued at $192,000. Northwest & Ethical Investments L.P. grew its holdings in Walt Disney by 15.7% during the third quarter. Northwest & Ethical Investments L.P. now owns 91,920 shares of the entertainment giant’s stock valued at $8,842,000 after purchasing an additional 12,506 shares during the period. Vinva Investment Management Ltd grew its holdings in Walt Disney by 26.1% during the third quarter. Vinva Investment Management Ltd now owns 68,413 shares of the entertainment giant’s stock valued at $6,568,000 after purchasing an additional 14,169 shares during the period. Financial Counselors Inc. grew its holdings in Walt Disney by 2.7% during the third quarter. Financial Counselors Inc. now owns 339,288 shares of the entertainment giant’s stock valued at $32,636,000 after purchasing an additional 8,915 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Walt Disney by 3.4% in the third 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 worth $1,332,297,000 after acquiring an additional 454,678 shares during the period. 65.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Macquarie raised their price target on Walt Disney from $91.00 to $110.00 and gave the stock a “neutral” rating in a report on Friday, November 15th. JPMorgan Chase & Co. cut their price target on Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Piper Sandler assumed coverage on Walt Disney in a report on Wednesday, October 16th. They issued a “neutral” rating and a $95.00 price target for the company. Needham & Company LLC raised their price target on Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Finally, Barclays cut their price target on Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Five investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.83.

Walt Disney Stock Up 1.9 %

DIS opened at $117.60 on Friday. The company has a market cap of $212.97 billion, a P/E ratio of 43.39, a P/E/G ratio of 2.19 and a beta of 1.40. The business’s 50-day moving average price is $99.99 and its 200-day moving average price is $97.15. 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.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 5,000 shares of Walt Disney stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total value of $568,100.00. Following the transaction, the executive vice president now owns 44,055 shares in the company, valued at approximately $5,005,529.10. The trade was a 10.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Robert A. Iger sold 372,412 shares of Walt Disney 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 completion of the transaction, the chief executive officer now owns 226,767 shares in the company, valued at approximately $25,980,695.19. This 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 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.