The Walt Disney Company (NYSE:DIS) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans decreased its holdings in shares of The Walt Disney Company (NYSE:DIS) by 3.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 176,398 shares of the entertainment giant’s stock after selling 6,578 shares during the period. Thrivent Financial for Lutherans’ holdings in Walt Disney were worth $16,967,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in DIS. Concurrent Investment Advisors LLC increased its holdings in shares of Walt Disney by 8.4% in the third quarter. Concurrent Investment Advisors LLC now owns 66,744 shares of the entertainment giant’s stock valued at $6,420,000 after buying an additional 5,184 shares in the last quarter. Summit Global Investments raised its position in shares of Walt Disney by 476.0% during the third quarter. Summit Global Investments now owns 12,379 shares of the entertainment giant’s stock worth $1,191,000 after purchasing an additional 10,230 shares during the period. Lmcg Investments LLC lifted its holdings in shares of Walt Disney by 18.6% during the third quarter. Lmcg Investments LLC now owns 147,353 shares of the entertainment giant’s stock valued at $14,174,000 after purchasing an additional 23,116 shares during the last quarter. American Assets Inc. acquired a new position in shares of Walt Disney in the 3rd quarter valued at $962,000. Finally, ICICI Prudential Asset Management Co Ltd increased its stake in Walt Disney by 92.0% in the 3rd quarter. ICICI Prudential Asset Management Co Ltd now owns 92,938 shares of the entertainment giant’s stock worth $8,940,000 after purchasing an additional 44,535 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Up 1.6 %

DIS opened at $114.27 on Thursday. The firm has a market cap of $206.94 billion, a P/E ratio of 42.17, a price-to-earnings-growth ratio of 1.85 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 business has a 50 day moving average price of $97.07 and a 200 day moving average price of $96.72. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74.

Analyst Ratings Changes

Several brokerages have commented on DIS. Deutsche Bank Aktiengesellschaft raised their target price on shares of Walt Disney from $115.00 to $131.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Evercore ISI boosted their target price on shares of Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research note on Monday. Morgan Stanley raised their target price on Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a research report on Friday, November 15th. Macquarie upped their price target on Walt Disney from $91.00 to $110.00 and gave the company a “neutral” rating in a research report on Friday, November 15th. Finally, Guggenheim raised their price objective on Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Five analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and an average target price of $123.83.

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.