Bath Savings Trust Co Has $1.22 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

Bath Savings Trust Co trimmed its position in The Walt Disney Company (NYSE:DIS) by 10.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,712 shares of the entertainment giant’s stock after selling 1,535 shares during the quarter. Bath Savings Trust Co’s holdings in Walt Disney were worth $1,224,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of DIS. Morgan Stanley increased its position in Walt Disney by 13.5% in the 4th quarter. Morgan Stanley now owns 46,172,567 shares of the entertainment giant’s stock worth $4,011,473,000 after buying an additional 5,499,014 shares during the period. Geode Capital Management LLC increased 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 during the period. Price T Rowe Associates Inc. MD raised its stake in Walt Disney by 12.5% during the 4th 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 purchasing an additional 3,023,997 shares during the last quarter. Moneta Group Investment Advisors LLC boosted its holdings in 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 purchasing an additional 23,644,765 shares during the period. Finally, Norges Bank acquired a new stake in Walt Disney in the 4th quarter worth $1,433,075,000. 61.17% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Citigroup cut their price objective on shares of Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a research report on Wednesday, August 16th. Rosenblatt Securities raised their price objective on Walt Disney from $102.00 to $104.00 and gave the stock a “buy” rating in a research report on Tuesday, September 12th. Credit Suisse Group lowered their price objective on Walt Disney from $126.00 to $122.00 and set an “outperform” rating on the stock in a research report on Monday, August 21st. Morgan Stanley decreased their price target on shares of Walt Disney from $110.00 to $105.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 26th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Walt Disney from $131.00 to $120.00 in a research note on Tuesday, August 8th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eighteen have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $114.58.

Insider Activity

In related news, EVP Sonia L. Coleman sold 959 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The shares were 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.10% of the stock is owned by insiders.

Walt Disney Price Performance

Shares of DIS stock opened at $85.03 on Tuesday. The Walt Disney Company has a 52 week low of $79.75 and a 52 week high of $118.18. The stock has a market capitalization of $155.58 billion, a PE ratio of 69.13, a PEG ratio of 1.72 and a beta of 1.28. 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 fifty day moving average is $85.78 and its 200-day moving average is $91.59.

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

Walt Disney Company 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.