The Walt Disney Company (NYSE:DIS) Stock Position Lifted by Private Trust Co. NA

Private Trust Co. NA lifted its position in The Walt Disney Company (NYSE:DIS) by 11.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,200 shares of the entertainment giant’s stock after buying an additional 1,446 shares during the quarter. Private Trust Co. NA’s holdings in Walt Disney were worth $1,737,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. JFS Wealth Advisors LLC lifted its position in Walt Disney by 1.1% during the third quarter. JFS Wealth Advisors LLC now owns 11,680 shares of the entertainment giant’s stock worth $947,000 after purchasing an additional 124 shares during the period. Compass Ion Advisors LLC bought a new stake in shares of Walt Disney during the 3rd quarter valued at about $252,000. Advisor OS LLC increased its stake in shares of Walt Disney by 2.3% during the third quarter. Advisor OS LLC now owns 5,539 shares of the entertainment giant’s stock valued at $449,000 after buying an additional 123 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in Walt Disney by 9.0% in the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 15,356 shares of the entertainment giant’s stock worth $1,245,000 after acquiring an additional 1,272 shares in the last quarter. Finally, SageView Advisory Group LLC increased its position in Walt Disney by 26.0% during the third quarter. SageView Advisory Group LLC now owns 33,750 shares of the entertainment giant’s stock valued at $2,735,000 after acquiring an additional 6,960 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Walt Disney

In other Walt Disney news, Director James P. Gorman acquired 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 8th. The stock was purchased at an average cost of $106.03 per share, for a total transaction of $2,120,600.00. Following the completion of the acquisition, the director now owns 20,467 shares of the company’s stock, valued at approximately $2,170,116.01. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Walt Disney news, Director James P. Gorman acquired 20,000 shares of Walt Disney stock in a transaction on Wednesday, May 8th. The shares were purchased at an average cost of $106.03 per share, with a total value of $2,120,600.00. Following the completion of the purchase, the director now owns 20,467 shares in the company, valued at $2,170,116.01. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Sonia L. Coleman sold 1,857 shares of the business’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $121.92, for a total transaction of $226,405.44. Following the completion of the transaction, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at approximately $536,448. The disclosure for this sale can be found here. Insiders own 0.10% of the company’s stock.

Walt Disney Stock Performance

Walt Disney stock traded down $2.35 during mid-day trading on Thursday, reaching $100.67. 10,497,608 shares of the company were exchanged, compared to its average volume of 11,992,734. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.69 and a current ratio of 0.75. The firm’s 50-day simple moving average is $112.72 and its two-hundred day simple moving average is $102.79. The firm has a market cap of $183.53 billion, a PE ratio of 109.43, a price-to-earnings-growth ratio of 1.28 and a beta of 1.40. The Walt Disney Company has a twelve month low of $78.73 and a twelve month high of $123.74.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.09. Walt Disney had a return on equity of 8.37% and a net margin of 1.90%. The business had revenue of $22.08 billion for the quarter, compared to analysts’ expectations of $22.12 billion. During the same quarter last year, the firm earned $0.93 earnings per share. The business’s revenue was up 1.2% on a year-over-year basis. Equities analysts predict that The Walt Disney Company will post 4.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. initiated coverage on Walt Disney in a research report on Thursday, April 11th. They set an “overweight” rating and a $140.00 target price for the company. The Goldman Sachs Group decreased their target price on Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, February 8th. Rosenblatt Securities lifted their target price on Walt Disney from $129.00 to $137.00 and gave the stock a “buy” rating in a research report on Tuesday, April 2nd. Guggenheim boosted their price target on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, April 3rd. Finally, Bank of America lifted their price objective on Walt Disney from $130.00 to $145.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-three have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $125.52.

About Walt Disney

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.