The Walt Disney Company (NYSE:DIS) Shares Bought by American National Bank

American National Bank boosted its stake in shares of The Walt Disney Company (NYSE:DISFree Report) by 55.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,532 shares of the entertainment giant’s stock after buying an additional 6,261 shares during the quarter. American National Bank’s holdings in Walt Disney were worth $2,145,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Acadian Asset Management LLC boosted its holdings in Walt Disney by 13.6% during the 3rd quarter. Acadian Asset Management LLC now owns 22,595 shares of the entertainment giant’s stock valued at $1,829,000 after acquiring an additional 2,698 shares during the period. Regal Investment Advisors LLC boosted its stake in shares of Walt Disney by 5.4% in the third quarter. Regal Investment Advisors LLC now owns 18,099 shares of the entertainment giant’s stock valued at $1,467,000 after purchasing an additional 932 shares during the period. Rodgers Brothers Inc. grew its holdings in shares of Walt Disney by 119.7% in the third quarter. Rodgers Brothers Inc. now owns 63,531 shares of the entertainment giant’s stock valued at $5,149,000 after purchasing an additional 34,615 shares in the last quarter. Motley Fool Asset Management LLC increased its stake in Walt Disney by 9.4% during the 3rd quarter. Motley Fool Asset Management LLC now owns 47,057 shares of the entertainment giant’s stock worth $3,814,000 after buying an additional 4,038 shares during the period. Finally, Mariner LLC lifted its holdings in Walt Disney by 5.8% during the 3rd quarter. Mariner LLC now owns 927,644 shares of the entertainment giant’s stock worth $75,185,000 after buying an additional 50,901 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Price Performance

DIS stock traded up $0.43 on Friday, reaching $102.27. The company had a trading volume of 14,009,931 shares, compared to its average volume of 11,484,685. 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 company’s fifty day moving average is $106.14 and its 200 day moving average is $104.16. The company has a market cap of $186.44 billion, a P/E ratio of 111.14, a PEG ratio of 1.26 and a beta of 1.40. The Walt Disney Company has a 1 year low of $78.73 and a 1 year high of $123.74.

Walt Disney (NYSE:DISGet Free Report) last posted its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 EPS for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $22.12 billion. During the same quarter last year, the company earned $0.93 earnings per share. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. On average, research analysts forecast that The Walt Disney Company will post 4.75 earnings per share for the current year.

Insider Transactions at Walt Disney

In other news, Director James P. Gorman acquired 20,000 shares of Walt Disney stock in a transaction that occurred on Wednesday, May 8th. The shares were acquired at an average price 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 of the company’s stock, valued at approximately $2,170,116.01. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other Walt Disney news, EVP Sonia L. Coleman sold 4,400 shares of the business’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $106.00, for a total transaction of $466,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James P. Gorman bought 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 8th. The shares were acquired at an average cost of $106.03 per share, with a total value of $2,120,600.00. Following the transaction, the director now owns 20,467 shares in the company, valued at approximately $2,170,116.01. The disclosure for this purchase can be found here. Insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

DIS has been the subject of several analyst reports. Macquarie boosted their price target on shares of Walt Disney from $104.00 to $107.00 and gave the stock a “neutral” rating in a report on Monday, May 13th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Monday, May 6th. Evercore ISI lowered their price objective on Walt Disney from $130.00 to $128.00 and set an “outperform” rating on the stock in a report on Wednesday, May 8th. JPMorgan Chase & Co. began coverage on Walt Disney in a research note on Thursday, April 11th. They set an “overweight” rating and a $140.00 target price for the company. Finally, Loop Capital lifted their price target on Walt Disney from $113.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, May 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-two have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $126.29.

View Our Latest Report on Walt Disney

Walt Disney Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Walt Disney Company (NYSE:DISFree Report).

Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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.