The Walt Disney Company (NYSE:DIS) Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC boosted its stake in shares of The Walt Disney Company (NYSE:DIS) by 3.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,408,448 shares of the entertainment giant’s stock after acquiring an additional 71,884 shares during the quarter. Natixis Advisors LLC’s holdings in Walt Disney were worth $231,669,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of DIS. Mizuho Securities USA LLC increased its stake in Walt Disney by 2.9% in the 3rd quarter. Mizuho Securities USA LLC now owns 144,684 shares of the entertainment giant’s stock valued at $13,917,000 after buying an additional 4,124 shares during the period. First Long Island Investors LLC boosted its holdings in shares of Walt Disney by 64.1% in the third quarter. First Long Island Investors LLC now owns 116,684 shares of the entertainment giant’s stock valued at $11,224,000 after acquiring an additional 45,579 shares in the last quarter. Bank of Marin acquired a new position in shares of Walt Disney during the third quarter worth about $208,000. Empowered Funds LLC raised its holdings in Walt Disney by 7.7% during the third quarter. Empowered Funds LLC now owns 90,960 shares of the entertainment giant’s stock worth $8,749,000 after purchasing an additional 6,507 shares in the last quarter. Finally, Empirical Finance LLC lifted its position in Walt Disney by 2.1% in the third quarter. Empirical Finance LLC now owns 63,113 shares of the entertainment giant’s stock valued at $6,071,000 after purchasing an additional 1,292 shares during the period. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Stock Performance

Walt Disney stock opened at $115.08 on Friday. The stock has a fifty day moving average price of $95.57 and a 200 day moving average price of $96.79. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74. The firm has a market capitalization of $208.71 billion, a P/E ratio of 44.25, a PEG ratio of 1.67 and a beta of 1.40.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Barclays cut their target price on Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Piper Sandler initiated coverage on shares of Walt Disney in a research report on Wednesday, October 16th. They set a “neutral” rating and a $95.00 target price on the stock. UBS Group cut their price target on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Seaport Res Ptn raised shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th. Finally, Bank of America increased their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a report on Friday. Five investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $123.57.

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.