The Walt Disney Company (NYSE:DIS) Shares Bought by Pioneer Trust Bank N A OR

Pioneer Trust Bank N A OR raised its stake in The Walt Disney Company (NYSE:DIS) by 3.3% during the fourth quarter, Holdings Channel reports. The firm owned 59,922 shares of the entertainment giant’s stock after purchasing an additional 1,900 shares during the period. Walt Disney makes up about 1.6% of Pioneer Trust Bank N A OR’s holdings, making the stock its 28th biggest holding. Pioneer Trust Bank N A OR’s holdings in Walt Disney were worth $5,410,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in DIS. Planned Solutions Inc. purchased a new position in shares of Walt Disney in the 4th quarter valued at $26,000. Fortis Group Advisors LLC purchased a new stake in Walt Disney during the 3rd quarter worth $30,000. Stone House Investment Management LLC increased its stake in Walt Disney by 355.3% during the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock worth $31,000 after buying an additional 270 shares during the period. Evolution Advisers Inc. increased its stake in Walt Disney by 38.2% during the 4th quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock worth $34,000 after buying an additional 105 shares during the period. Finally, Orion Capital Management LLC purchased a new stake in Walt Disney during the 3rd quarter worth $35,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insiders Place Their Bets

In other Walt Disney news, EVP Sonia L. Coleman sold 1,857 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $121.92, for a total transaction of $226,405.44. Following the completion of the sale, the executive vice president now owns 4,400 shares of the company’s stock, valued at $536,448. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.10% of the company’s stock.

Walt Disney Stock Up 0.3 %

NYSE:DIS traded up $0.36 during mid-day trading on Thursday, reaching $105.80. The stock had a trading volume of 14,956,908 shares, compared to its average volume of 12,119,437. The business’s 50 day moving average is $114.59 and its 200 day moving average is $101.21. The Walt Disney Company has a fifty-two week low of $78.73 and a fifty-two week high of $123.74. The stock has a market cap of $194.07 billion, a P/E ratio of 114.74, a PEG ratio of 1.39 and a beta of 1.40. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.84 and a quick ratio of 0.77.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.09. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The firm had revenue of $22.08 billion for the quarter, compared to the consensus estimate of $22.12 billion. During the same quarter in the prior year, the company posted $0.93 earnings per share. The firm’s revenue was up 1.2% on a year-over-year basis. As a group, sell-side analysts predict that The Walt Disney Company will post 4.7 earnings per share for the current year.

Analyst Upgrades and Downgrades

DIS has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft boosted their price objective on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a report on Monday. Evercore ISI dropped their price target on shares of Walt Disney from $130.00 to $128.00 and set an “outperform” rating on the stock in a research note on Wednesday. The Goldman Sachs Group lowered their target price on Walt Disney from $125.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, February 8th. JPMorgan Chase & Co. initiated coverage on Walt Disney in a report on Thursday, April 11th. They set an “overweight” rating and a $140.00 price target on the stock. Finally, Bank of America upped their price objective on shares of Walt Disney from $130.00 to $145.00 and gave the stock a “buy” rating in a report on Monday, April 1st. One analyst has rated the stock with a sell rating, three have given a hold rating and twenty-three have given a buy rating to the stock. According to MarketBeat, Walt Disney has an average rating of “Moderate Buy” and a consensus target price of $126.46.

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.