Moody National Bank Trust Division Trims Holdings in The Walt Disney Company (NYSE:DIS)

Moody National Bank Trust Division lessened its stake in The Walt Disney Company (NYSE:DIS – Get Rating) by 0.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,792 shares of the entertainment giant’s stock after selling 177 shares during the period. Moody National Bank Trust Division’s holdings in Walt Disney were worth $3,110,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Marks Group Wealth Management Inc boosted its stake in Walt Disney by 2.4% during the second quarter. Marks Group Wealth Management Inc now owns 3,603 shares of the entertainment giant’s stock worth $340,000 after buying an additional 84 shares in the last quarter. Lineweaver Wealth Advisors LLC grew its stake in shares of Walt Disney by 1.4% in the 3rd quarter. Lineweaver Wealth Advisors LLC now owns 7,113 shares of the entertainment giant’s stock valued at $671,000 after purchasing an additional 96 shares during the period. Compton Capital Management Inc. RI grew its stake in shares of Walt Disney by 0.5% in the 1st quarter. Compton Capital Management Inc. RI now owns 20,689 shares of the entertainment giant’s stock valued at $2,838,000 after purchasing an additional 100 shares during the period. Carolinas Wealth Consulting LLC raised its holdings in shares of Walt Disney by 2.9% in the 1st quarter. Carolinas Wealth Consulting LLC now owns 3,575 shares of the entertainment giant’s stock worth $490,000 after buying an additional 100 shares in the last quarter. Finally, Advisors Management Group Inc. ADV lifted its position in shares of Walt Disney by 4.5% during the 3rd quarter. Advisors Management Group Inc. ADV now owns 2,344 shares of the entertainment giant’s stock worth $221,000 after buying an additional 100 shares during the period. 62.22% of the stock is owned by institutional investors and hedge funds.

Walt Disney Stock Down 1.2 %

Shares of Walt Disney stock opened at $93.20 on Friday. The business has a fifty day simple moving average of $102.55 and a 200 day simple moving average of $99.71. The stock has a market cap of $170.26 billion, a PE ratio of 51.21, a price-to-earnings-growth ratio of 2.31 and a beta of 1.30. The company has a quick ratio of 0.93, a current ratio of 0.99 and a debt-to-equity ratio of 0.45. The Walt Disney Company has a 12 month low of $84.07 and a 12 month high of $144.46.

Walt Disney (NYSE:DIS – Get Rating) last posted its earnings results on Wednesday, February 8th. The entertainment giant reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.30. The company had revenue of $23.51 billion during the quarter, compared to analyst estimates of $23.29 billion. Walt Disney had a return on equity of 6.72% and a net margin of 3.93%. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company earned $1.06 EPS. Research analysts predict that The Walt Disney Company will post 3.98 EPS for the current year.

Insider Activity at Walt Disney

In other news, CFO Christine M. Mccarthy sold 42,533 shares of Walt Disney stock in a transaction on Thursday, January 12th. The shares were sold at an average price of $98.46, for a total transaction of $4,187,799.18. Following the transaction, the chief financial officer now directly owns 181,830 shares of the company’s stock, valued at $17,902,981.80. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, EVP Brent Woodford sold 1,139 shares of the business’s stock in a transaction that occurred on Tuesday, February 21st. The stock was sold at an average price of $103.44, for a total value of $117,818.16. Following the completion of the transaction, the executive vice president now directly owns 30,908 shares in the company, valued at approximately $3,197,123.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Christine M. Mccarthy sold 42,533 shares of the firm’s stock in a transaction that occurred on Thursday, January 12th. The stock was sold at an average price of $98.46, for a total transaction of $4,187,799.18. Following the sale, the chief financial officer now owns 181,830 shares in the company, valued at $17,902,981.80. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 62,921 shares of company stock worth $6,209,132. 0.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on DIS shares. Rosenblatt Securities upped their price target on Walt Disney from $120.00 to $129.00 and gave the company a “buy” rating in a research report on Thursday, February 9th. Tigress Financial lowered their target price on shares of Walt Disney from $229.00 to $177.00 in a report on Tuesday, November 22nd. Macquarie lifted their price target on shares of Walt Disney from $110.00 to $122.00 and gave the company an “outperform” rating in a report on Tuesday, January 31st. The Goldman Sachs Group boosted their price target on shares of Walt Disney from $119.00 to $136.00 and gave the company a “buy” rating in a research report on Thursday, February 9th. Finally, Huber Research began coverage on shares of Walt Disney in a research report on Tuesday, January 17th. They issued an “overweight” rating on the stock. One analyst has rated the stock with a sell rating, one has issued a hold rating and twenty have assigned a buy rating to the stock. According to data from MarketBeat.com, Walt Disney currently has an average rating of “Moderate Buy” and a consensus target price of $128.92.

About Walt Disney

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The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the company’s global film and episodic television content production and distribution activities.