Citizens & Northern Corp raised its position in Walt Disney Co (NYSE:DIS) by 4.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,814 shares of the entertainment giant’s stock after buying an additional 925 shares during the period. Walt Disney accounts for 1.6% of Citizens & Northern Corp’s holdings, making the stock its 12th largest position. Citizens & Northern Corp’s holdings in Walt Disney were worth $2,169,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Lodestar Investment Counsel LLC IL raised its position in Walt Disney by 6.0% in the third quarter. Lodestar Investment Counsel LLC IL now owns 237,234 shares of the entertainment giant’s stock worth $22,030,000 after buying an additional 13,439 shares during the period. HighPoint Advisor Group LLC raised its position in Walt Disney by 0.3% in the third quarter. HighPoint Advisor Group LLC now owns 27,803 shares of the entertainment giant’s stock worth $2,763,000 after buying an additional 75 shares during the period. Robshaw & Julian Associates Inc. raised its stake in Walt Disney by 5.9% in the third quarter. Robshaw & Julian Associates Inc. now owns 51,530 shares of the entertainment giant’s stock valued at $4,785,000 after buying an additional 2,850 shares during the last quarter. Chesley Taft & Associates LLC raised its stake in Walt Disney by 1.5% in the third quarter. Chesley Taft & Associates LLC now owns 274,117 shares of the entertainment giant’s stock valued at $25,454,000 after buying an additional 3,970 shares during the last quarter. Finally, Heritage Investors Management Corp raised its stake in Walt Disney by 2.5% in the third quarter. Heritage Investors Management Corp now owns 239,111 shares of the entertainment giant’s stock valued at $22,204,000 after buying an additional 5,887 shares during the last quarter. 58.65% of the stock is currently owned by institutional investors and hedge funds.

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

Walt Disney Co (NYSE:DIS) traded down 0.38% during mid-day trading on Friday, hitting $114.35. 4,822,860 shares of the stock traded hands. Walt Disney Co has a 12-month low of $90.32 and a 12-month high of $115.12. The stock has a 50 day moving average price of $112.40 and a 200 day moving average price of $104.65. The firm has a market cap of $180.82 billion, a PE ratio of 20.64 and a beta of 1.25.

Walt Disney (NYSE:DIS) last posted its earnings results on Tuesday, February 7th. The entertainment giant reported $1.55 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.48 by $0.07. Walt Disney had a net margin of 16.29% and a return on equity of 19.43%. The business had revenue of $14.78 billion for the quarter, compared to analyst estimates of $15.30 billion. During the same quarter in the prior year, the firm earned $1.63 EPS. The firm’s quarterly revenue was down 3.0% compared to the same quarter last year. On average, analysts expect that Walt Disney Co will post $5.95 earnings per share for the current fiscal year.

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Several analysts have recently commented on the stock. Morgan Stanley lifted their price target on shares of Walt Disney from $124.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday. Guggenheim reaffirmed a “buy” rating and set a $128.00 price target on shares of Walt Disney in a research report on Tuesday, April 11th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a $124.00 price target on shares of Walt Disney in a research report on Tuesday, April 11th. Goldman Sachs Group Inc set a $138.00 target price on shares of Walt Disney and gave the company a “buy” rating in a report on Tuesday, April 11th. Finally, Vetr upgraded shares of Walt Disney from a “hold” rating to a “buy” rating and set a $118.01 target price for the company in a report on Monday, April 10th. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty have assigned a buy rating to the company’s stock. Walt Disney presently has a consensus rating of “Hold” and an average price target of $116.57.

In other news, EVP Brent Woodford sold 2,000 shares of the company’s stock in a transaction dated Tuesday, April 18th. The shares were sold at an average price of $114.50, for a total value of $229,000.00. Following the sale, the executive vice president now owns 27,745 shares of the company’s stock, valued at approximately $3,176,802.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 13.00% of the stock is currently owned by corporate insiders.

Walt Disney Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

5 Day Chart for NYSE:DIS

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