First Business Financial Services Inc. trimmed its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 1.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,765 shares of the entertainment giant’s stock after selling 122 shares during the quarter. Walt Disney comprises 0.1% of First Business Financial Services Inc.’s portfolio, making the stock its 19th largest position. First Business Financial Services Inc.’s holdings in Walt Disney were worth $719,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the company. Lee Financial Co increased its position in Walt Disney by 7.6% in the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after acquiring an additional 74 shares during the period. Sumitomo Mitsui Financial Group Inc. acquired a new stake in Walt Disney in the 1st quarter valued at approximately $144,000. BDO Wealth Advisors LLC acquired a new stake in Walt Disney in the 2nd quarter valued at approximately $153,000. Allegis Investment Advisors LLC acquired a new stake in Walt Disney in the 2nd quarter valued at approximately $206,000. Finally, Atwood & Palmer Inc. increased its position in Walt Disney by 1.3% in the 2nd quarter. Atwood & Palmer Inc. now owns 1,987 shares of the entertainment giant’s stock valued at $211,000 after acquiring an additional 25 shares during the period. Institutional investors and hedge funds own 60.19% of the company’s stock.

DIS has been the topic of several analyst reports. Piper Jaffray Companies set a $130.00 target price on Walt Disney and gave the company a “buy” rating in a research report on Wednesday, August 9th. Goldman Sachs Group set a $133.00 target price on Walt Disney and gave the company a “buy” rating in a research report on Wednesday, August 9th. Vetr upgraded Walt Disney from a “hold” rating to a “buy” rating and set a $107.66 target price on the stock in a research report on Thursday, August 10th. Deutsche Bank restated a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a research report on Thursday, August 10th. Finally, Guggenheim restated a “buy” rating and issued a $122.00 target price on shares of Walt Disney in a research report on Tuesday, September 5th. Three equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and sixteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $112.04.

Shares of Walt Disney Company (DIS) opened at $105.25 on Friday. The firm has a market capitalization of $158,310.89, a price-to-earnings ratio of 18.39, a PEG ratio of 2.23 and a beta of 1.38. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 0.81. Walt Disney Company has a one year low of $96.20 and a one year high of $116.10.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing the consensus estimate of $1.12 by ($0.05). The company had revenue of $12.78 billion for the quarter, compared to the consensus estimate of $13.30 billion. Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The business’s revenue was down 2.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.10 earnings per share. research analysts anticipate that Walt Disney Company will post 6.24 earnings per share for the current year.

The business also recently disclosed a Semi-Annual dividend, which will be paid on Thursday, January 11th. Stockholders of record on Monday, December 11th will be paid a dividend of $0.84 per share. The ex-dividend date of this dividend is Friday, December 8th. Walt Disney’s dividend payout ratio is presently 27.42%.

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Walt Disney 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.

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

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