First International Bank & Trust Makes New $208,000 Investment in The Walt Disney Company $DIS

First International Bank & Trust purchased a new stake in shares of The Walt Disney Company (NYSE:DIS) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,680 shares of the entertainment giant’s stock, valued at approximately $208,000.

Other institutional investors have also bought and sold shares of the company. Clearstead Trust LLC increased its stake in Walt Disney by 0.6% during the 1st quarter. Clearstead Trust LLC now owns 16,509 shares of the entertainment giant’s stock valued at $1,629,000 after buying an additional 99 shares during the period. Aspen Investment Management Inc boosted its holdings in shares of Walt Disney by 3.5% in the first quarter. Aspen Investment Management Inc now owns 2,938 shares of the entertainment giant’s stock valued at $290,000 after acquiring an additional 100 shares in the last quarter. Hemington Wealth Management increased its stake in shares of Walt Disney by 1.9% during the first quarter. Hemington Wealth Management now owns 5,628 shares of the entertainment giant’s stock valued at $555,000 after acquiring an additional 105 shares during the period. Leigh Baldwin & CO. LLC raised its holdings in Walt Disney by 2.2% during the first quarter. Leigh Baldwin & CO. LLC now owns 4,994 shares of the entertainment giant’s stock worth $493,000 after purchasing an additional 108 shares in the last quarter. Finally, Resonant Capital Advisors LLC lifted its position in Walt Disney by 0.4% in the first quarter. Resonant Capital Advisors LLC now owns 26,119 shares of the entertainment giant’s stock worth $2,578,000 after purchasing an additional 113 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

DIS has been the topic of several research analyst reports. Needham & Company LLC reiterated a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research report on Thursday, September 4th. Raymond James Financial reaffirmed a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Guggenheim boosted their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, June 27th. Susquehanna restated a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Finally, Chardan Capital reiterated a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.18.

Walt Disney Trading Down 0.9%

Shares of DIS stock opened at $116.02 on Monday. The stock has a market cap of $208.60 billion, a price-to-earnings ratio of 18.18, a P/E/G ratio of 1.68 and a beta of 1.55. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The firm has a fifty day moving average of $118.34 and a 200-day moving average of $108.99.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $23.65 billion during the quarter, compared to analysts’ expectations of $23.69 billion. During the same period last year, the business earned $1.39 earnings per share. The business’s revenue was up 2.1% on a year-over-year basis. On average, equities research analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Walt Disney Company Profile

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.