Town & Country Bank & Trust CO dba First Bankers Trust CO grew its holdings in The Walt Disney Company (NYSE:DIS – Free Report) by 15.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,228 shares of the entertainment giant’s stock after buying an additional 2,571 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Walt Disney were worth $1,717,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Wealth Advisory Solutions LLC lifted its holdings in shares of Walt Disney by 1.6% in the fourth quarter. Wealth Advisory Solutions LLC now owns 5,981 shares of the entertainment giant’s stock valued at $520,000 after purchasing an additional 94 shares in the last quarter. Compton Capital Management Inc. RI raised its position in shares of Walt Disney by 0.5% during the 1st quarter. Compton Capital Management Inc. RI now owns 20,689 shares of the entertainment giant’s stock worth $2,838,000 after purchasing an additional 100 shares during the last quarter. Carolinas Wealth Consulting LLC lifted its stake in Walt Disney by 2.9% in the 1st quarter. Carolinas Wealth Consulting LLC now owns 3,575 shares of the entertainment giant’s stock valued at $490,000 after buying an additional 100 shares in the last quarter. Alterna Wealth Management Inc. grew its holdings in Walt Disney by 4.4% during the 4th quarter. Alterna Wealth Management Inc. now owns 2,387 shares of the entertainment giant’s stock valued at $207,000 after buying an additional 100 shares during the last quarter. Finally, Trifecta Capital Advisors LLC increased its position in Walt Disney by 3.0% during the first quarter. Trifecta Capital Advisors LLC now owns 3,479 shares of the entertainment giant’s stock worth $348,000 after buying an additional 100 shares in the last quarter. 61.17% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
DIS has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reduced their price objective on Walt Disney from $131.00 to $120.00 in a research report on Tuesday, August 8th. Loop Capital reduced their target price on shares of Walt Disney from $120.00 to $110.00 in a report on Monday, June 26th. Citigroup lowered their price target on shares of Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, August 16th. Credit Suisse Group reduced their price objective on shares of Walt Disney from $126.00 to $122.00 and set an “outperform” rating on the stock in a research note on Monday, August 21st. Finally, KeyCorp cut their price target on Walt Disney from $120.00 to $107.00 and set an “overweight” rating for the company in a report on Thursday, May 25th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and eighteen have given a buy rating to the stock. According to data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and an average target price of $114.58.
Walt Disney Stock Up 1.3 %
Shares of NYSE:DIS opened at $85.58 on Monday. The Walt Disney Company has a 12-month low of $79.75 and a 12-month high of $118.18. The company has a current ratio of 1.07, a quick ratio of 1.00 and a debt-to-equity ratio of 0.44. The firm has a market cap of $156.59 billion, a PE ratio of 69.58, a price-to-earnings-growth ratio of 1.68 and a beta of 1.28. The company has a fifty day simple moving average of $85.78 and a 200 day simple moving average of $91.59.
Walt Disney (NYSE:DIS – Get Free Report) last issued its earnings results on Wednesday, August 9th. The entertainment giant reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.04. The business 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 company’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.09 EPS. On average, equities research analysts anticipate that The Walt Disney Company will post 3.68 EPS for the current fiscal year.
Insider Buying and Selling at Walt Disney
In other news, EVP Sonia L. Coleman sold 959 shares of Walt Disney stock in a transaction that occurred 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 completion of the transaction, the executive vice president now owns 961 shares in the company, valued at approximately $85,577.05. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.10% of the stock is currently owned by insiders.
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.
- Five stocks we like better than Walt Disney
- How to Invest in Virtual Reality
- Arm’s Blockbuster IPO: Big Names and High Expectations
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Against the Grain: 2 Solar Energy Stocks Defying the Sell-Off
- How to Use Stock Screeners to Find Stocks
- Want Income? These 3 Stocks Boosting Their Dividend Payouts
Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.