First Western Trust Bank Has $4.82 Million Holdings in The Walt Disney Company (NYSE:DIS)

First Western Trust Bank grew its holdings in shares of The Walt Disney Company (NYSE:DIS) by 5.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,146 shares of the entertainment giant’s stock after buying an additional 2,514 shares during the quarter. First Western Trust Bank’s holdings in Walt Disney were worth $4,821,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of DIS. Morgan Stanley boosted its holdings in shares of Walt Disney by 13.5% in the 4th quarter. Morgan Stanley now owns 46,172,567 shares of the entertainment giant’s stock valued at $4,011,473,000 after buying an additional 5,499,014 shares during the last quarter. Geode Capital Management LLC raised its position in Walt Disney by 2.1% during the first quarter. Geode Capital Management LLC now owns 32,495,462 shares of the entertainment giant’s stock worth $3,245,185,000 after acquiring an additional 671,806 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Walt Disney by 12.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 27,147,543 shares of the entertainment giant’s stock valued at $2,358,578,000 after acquiring an additional 3,023,997 shares during the last quarter. Moneta Group Investment Advisors LLC grew its position in shares of Walt Disney by 109,924.5% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 23,666,275 shares of the entertainment giant’s stock valued at $2,056,126,000 after acquiring an additional 23,644,765 shares during the period. Finally, Norges Bank acquired a new position in shares of Walt Disney during the 4th quarter worth about $1,433,075,000. 61.17% of the stock is owned by institutional investors and hedge funds.

Walt Disney Price Performance

Shares of DIS stock traded up $1.07 during trading on Tuesday, hitting $83.59. The company had a trading volume of 7,797,848 shares, compared to its average volume of 13,054,594. The firm has a market capitalization of $152.95 billion, a P/E ratio of 67.09, a price-to-earnings-growth ratio of 1.62 and a beta of 1.28. The Walt Disney Company has a one year low of $79.75 and a one year high of $118.18. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.00 and a current ratio of 1.07. The stock’s 50-day moving average price is $86.19 and its 200 day moving average price is $92.03.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, August 9th. The entertainment giant reported $1.03 EPS for the quarter, beating the consensus estimate of $0.99 by $0.04. The firm had revenue of $22.33 billion for the quarter, compared to analyst estimates of $22.50 billion. Walt Disney had a net margin of 2.56% and a return on equity of 6.45%. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. During the same period last year, the firm earned $1.09 EPS. Equities analysts expect that The Walt Disney Company will post 3.68 EPS for the current fiscal year.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Sonia L. Coleman sold 959 shares of the firm’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $89.05, for a total value of $85,398.95. Following the sale, the executive vice president now owns 961 shares of the company’s stock, valued at approximately $85,577.05. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Citigroup cut their target price on shares of Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a research note on Wednesday, August 16th. KeyCorp cut their price objective on Walt Disney from $120.00 to $107.00 and set an “overweight” rating for the company in a research report on Thursday, May 25th. Macquarie lowered Walt Disney from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $125.00 to $103.00 in a report on Friday, May 19th. Credit Suisse Group cut their price target on Walt Disney from $126.00 to $122.00 and set an “outperform” rating for the company in a report on Monday, August 21st. Finally, StockNews.com assumed coverage on shares of Walt Disney in a research report on Thursday, August 17th. They issued a “sell” rating on the stock. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and seventeen have given a buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and an average price target of $115.35.

Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.