First Western Trust Bank Has $3.11 Million Holdings in The Walt Disney Company $DIS

First Western Trust Bank trimmed its position in shares of The Walt Disney Company (NYSE:DIS) by 1.9% during the second quarter, Holdings Channel.com reports. The institutional investor owned 25,086 shares of the entertainment giant’s stock after selling 496 shares during the period. First Western Trust Bank’s holdings in Walt Disney were worth $3,111,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of DIS. Kingstone Capital Partners Texas LLC bought a new position in Walt Disney during the second quarter worth $4,220,599,000. Nuveen LLC bought a new position in Walt Disney in the 1st quarter valued at about $1,353,607,000. Boston Partners lifted its position in Walt Disney by 83.7% during the second quarter. Boston Partners now owns 6,904,741 shares of the entertainment giant’s stock worth $854,537,000 after acquiring an additional 3,146,450 shares during the last quarter. Diamond Hill Capital Management Inc. boosted its holdings in shares of Walt Disney by 1,080.7% during the first quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant’s stock worth $277,993,000 after acquiring an additional 2,578,004 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in Walt Disney by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock worth $15,383,615,000 after purchasing an additional 2,446,087 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DIS has been the subject of several recent research reports. Morgan Stanley boosted their price target on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Sanford C. Bernstein reissued an “outperform” rating on shares of Walt Disney in a research report on Wednesday. Jefferies Financial Group cut shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Needham & Company LLC restated a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research report on Tuesday, September 23rd. Finally, Susquehanna reaffirmed a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Nineteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $132.90.

Walt Disney Trading Up 1.7%

Shares of Walt Disney stock opened at $116.79 on Thursday. The firm has a market capitalization of $209.99 billion, a PE ratio of 18.31, a price-to-earnings-growth ratio of 1.45 and a beta of 1.55. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The firm’s 50 day moving average is $113.25 and its 200 day moving average is $114.34. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69.

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.