Ceera Investments LLC Has $1.24 Million Position in The Walt Disney Company (NYSE:DIS)

Ceera Investments LLC reduced its stake in shares of The Walt Disney Company (NYSE:DIS) by 3.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,886 shares of the entertainment giant’s stock after selling 474 shares during the quarter. Ceera Investments LLC’s holdings in Walt Disney were worth $1,239,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in DIS. AM Squared Ltd bought a new position in Walt Disney in the third quarter valued at about $77,000. Tower Bridge Advisors boosted its holdings in Walt Disney by 6.9% in the third quarter. Tower Bridge Advisors now owns 10,263 shares of the entertainment giant’s stock valued at $987,000 after acquiring an additional 665 shares during the last quarter. Focused Investors LLC boosted its holdings in Walt Disney by 11.7% in the third quarter. Focused Investors LLC now owns 1,234,500 shares of the entertainment giant’s stock valued at $118,747,000 after acquiring an additional 129,800 shares during the last quarter. Atlanta Consulting Group Advisors LLC boosted its holdings in Walt Disney by 272.0% in the third quarter. Atlanta Consulting Group Advisors LLC now owns 9,727 shares of the entertainment giant’s stock valued at $936,000 after acquiring an additional 7,112 shares during the last quarter. Finally, BCGM Wealth Management LLC boosted its holdings in Walt Disney by 2.4% during the third quarter. BCGM Wealth Management LLC now owns 22,035 shares of the entertainment giant’s stock worth $2,120,000 after buying an additional 516 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

DIS has been the topic of a number of recent analyst reports. Morgan Stanley raised their target price on Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a report on Friday. Loop Capital raised their target price on Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Friday. UBS Group reduced their target price on Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Seaport Res Ptn upgraded Walt Disney from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th. Finally, Sanford C. Bernstein raised their target price on Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday. 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, the company has a consensus rating of “Moderate Buy” and a consensus target price of $123.57.

Walt Disney Price Performance

Shares of DIS opened at $115.08 on Friday. The Walt Disney Company has a 12-month low of $83.91 and a 12-month high of $123.74. The business has a 50-day simple moving average of $95.57 and a two-hundred day simple moving average of $96.69. The company has a quick ratio of 0.66, a current ratio of 0.73 and a debt-to-equity ratio of 0.37. The stock has a market cap of $208.71 billion, a PE ratio of 42.46, a PEG ratio of 1.87 and a beta of 1.40.

About Walt Disney

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.