The Walt Disney Company (NYSE:DIS) Shares Sold by AMG National Trust Bank

AMG National Trust Bank trimmed its position in shares of The Walt Disney Company (NYSE:DISFree Report) by 1.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,681 shares of the entertainment giant’s stock after selling 388 shares during the quarter. AMG National Trust Bank’s holdings in Walt Disney were worth $2,138,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Walt Disney by 0.7% in the third quarter. Vanguard Group Inc. now owns 149,887,754 shares of the entertainment giant’s stock valued at $12,148,402,000 after purchasing an additional 994,575 shares during the period. Morgan Stanley lifted its holdings in Walt Disney by 0.4% during the 3rd quarter. Morgan Stanley now owns 44,318,444 shares of the entertainment giant’s stock worth $3,592,010,000 after buying an additional 195,512 shares in the last quarter. Trian Fund Management L.P. boosted its position in Walt Disney by 411.6% in the 3rd quarter. Trian Fund Management L.P. now owns 32,868,307 shares of the entertainment giant’s stock valued at $2,663,976,000 after buying an additional 26,443,257 shares during the period. Northern Trust Corp grew its stake in shares of Walt Disney by 10.6% in the third quarter. Northern Trust Corp now owns 24,859,476 shares of the entertainment giant’s stock worth $2,014,861,000 after acquiring an additional 2,384,407 shares in the last quarter. Finally, Loomis Sayles & Co. L P increased its position in shares of Walt Disney by 21.0% during the third quarter. Loomis Sayles & Co. L P now owns 14,416,343 shares of the entertainment giant’s stock worth $1,168,444,000 after acquiring an additional 2,505,486 shares during the period. 65.71% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Walt Disney

In related news, EVP Sonia L. Coleman sold 4,400 shares of the business’s stock in a transaction dated Thursday, May 9th. The shares were 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 SEC, which is accessible through this link. In related news, EVP Sonia L. Coleman sold 4,400 shares of Walt Disney stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $106.00, for a total transaction of $466,400.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James P. Gorman bought 20,000 shares of the stock in a transaction 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 acquisition, the director now directly owns 20,467 shares of the company’s stock, valued at approximately $2,170,116.01. The disclosure for this purchase can be found here. Company insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on DIS. Barclays decreased their target price on Walt Disney from $135.00 to $130.00 and set an “overweight” rating for the company in a report on Wednesday, May 8th. Macquarie lifted their price target on shares of Walt Disney from $104.00 to $107.00 and gave the stock a “neutral” rating in a research note on Monday, May 13th. UBS Group dropped their price objective on shares of Walt Disney from $140.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday, May 8th. Rosenblatt Securities lifted their price objective on shares of Walt Disney from $129.00 to $137.00 and gave the stock a “buy” rating in a research report on Tuesday, April 2nd. Finally, Loop Capital increased their target price on Walt Disney from $113.00 to $140.00 and gave the company a “buy” rating in a report on Monday, May 6th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and twenty-three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $126.58.

Check Out Our Latest Stock Report on Walt Disney

Walt Disney Stock Performance

DIS traded down $0.12 during trading on Friday, hitting $103.25. The stock had a trading volume of 7,355,999 shares, compared to its average volume of 12,417,074. The firm has a market capitalization of $188.23 billion, a P/E ratio of 112.23, a PEG ratio of 1.26 and a beta of 1.40. The company’s 50-day moving average price is $113.52 and its 200 day moving average price is $102.39. 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 Walt Disney Company has a twelve month low of $78.73 and a twelve month high of $123.74.

Walt Disney (NYSE:DISGet Free Report) last announced 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 net margin of 1.90% and a return on equity of 8.37%. The firm had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $22.12 billion. During the same quarter last year, the firm earned $0.93 earnings per share. The firm’s revenue was up 1.2% compared to the same quarter last year. On average, equities research analysts forecast that The Walt Disney Company will post 4.76 EPS for the current fiscal year.

Walt Disney 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.

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

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