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Rhumbline Advisers Sells 35,595 Shares of The Walt Disney Company $DIS
Rhumbline Advisers recently reduced its stake in The Walt Disney Company by 1.1% during the third quarter, selling 35,595 shares. The institutional investor now owns 3,168,471 shares valued at $362.79 million. Despite this trimming, other institutional investors have acquired new positions in Disney, and analysts largely maintain a “Moderate Buy” rating with an average price target of $135.80 for the stock.