Bank of Hawaii Purchases 327 Shares of The Walt Disney Company (NYSE:DIS)

Bank of Hawaii lifted its position in The Walt Disney Company (NYSE:DIS) by 2.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,915 shares of the entertainment giant’s stock after buying an additional 327 shares during the period. Bank of Hawaii’s holdings in Walt Disney were worth $1,242,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of DIS. Smithfield Trust Co grew its position in shares of Walt Disney by 0.5% in the 3rd quarter. Smithfield Trust Co now owns 18,869 shares of the entertainment giant’s stock valued at $1,809,000 after buying an additional 102 shares during the last quarter. Connable Office Inc. grew its holdings in shares of Walt Disney by 0.3% during the third quarter. Connable Office Inc. now owns 35,048 shares of the entertainment giant’s stock worth $3,371,000 after purchasing an additional 108 shares during the last quarter. ADE LLC increased its position in shares of Walt Disney by 4.6% during the second quarter. ADE LLC now owns 2,509 shares of the entertainment giant’s stock worth $249,000 after purchasing an additional 110 shares in the last quarter. Cozad Asset Management Inc. lifted its holdings in shares of Walt Disney by 1.9% in the 3rd quarter. Cozad Asset Management Inc. now owns 6,017 shares of the entertainment giant’s stock valued at $579,000 after purchasing an additional 110 shares during the last quarter. Finally, Absher Wealth Management LLC boosted its position in shares of Walt Disney by 0.8% in the 3rd quarter. Absher Wealth Management LLC now owns 14,141 shares of the entertainment giant’s stock valued at $1,360,000 after purchasing an additional 111 shares during the period. Institutional investors own 65.71% of the company’s stock.

Insider Transactions at Walt Disney

In other Walt Disney news, CEO Robert A. Iger sold 372,412 shares of Walt Disney stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $114.57, for a total transaction of $42,667,242.84. Following the completion of the transaction, the chief executive officer now owns 226,767 shares in the company, valued at approximately $25,980,695.19. The trade was a 62.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Brent Woodford sold 5,000 shares of the company’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $113.62, for a total transaction of $568,100.00. Following the completion of the sale, the executive vice president now directly owns 44,055 shares in the company, valued at $5,005,529.10. This trade represents a 10.19 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.10% of the company’s stock.

Walt Disney Trading Up 0.8 %

Shares of DIS opened at $115.65 on Monday. The Walt Disney Company has a twelve month low of $83.91 and a twelve month high of $123.74. The company has a current ratio of 0.73, a quick ratio of 0.67 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $209.44 billion, a P/E ratio of 42.68, a PEG ratio of 2.15 and a beta of 1.40. The firm’s 50-day moving average is $98.09 and its two-hundred day moving average is $96.72.

Analyst Upgrades and Downgrades

Several research analysts have commented on DIS shares. Evercore ISI boosted their price objective on Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Sanford C. Bernstein upped their price target on shares of Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday, November 15th. Guggenheim raised their price objective on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Morgan Stanley upped their target price on shares of Walt Disney from $110.00 to $125.00 and gave the company an “overweight” rating in a report on Friday, November 15th. Finally, Seaport Res Ptn raised Walt Disney from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th. Five equities research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $123.83.

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.