First Financial Bankshares Inc Sells 952 Shares of The Walt Disney Company (NYSE:DIS)

First Financial Bankshares Inc trimmed its holdings in The Walt Disney Company (NYSE:DIS) by 34.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,823 shares of the entertainment giant’s stock after selling 952 shares during the quarter. First Financial Bankshares Inc’s holdings in Walt Disney were worth $203,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DIS. Kazazian Asset Management LLC bought a new position in Walt Disney in the 4th quarter valued at $21,923,000. Generali Investments Management Co LLC bought a new position in Walt Disney in the fourth quarter valued at about $4,698,000. GM Advisory Group LLC increased its position in Walt Disney by 5.2% in the fourth quarter. GM Advisory Group LLC now owns 18,775 shares of the entertainment giant’s stock worth $2,091,000 after purchasing an additional 928 shares during the period. Harvest Fund Management Co. Ltd bought a new stake in Walt Disney during the 4th quarter worth about $65,000. Finally, Koss Olinger Consulting LLC lifted its position in Walt Disney by 7.9% during the 4th quarter. Koss Olinger Consulting LLC now owns 24,590 shares of the entertainment giant’s stock valued at $2,738,000 after purchasing an additional 1,797 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Up 1.0 %

Shares of Walt Disney stock opened at $100.33 on Thursday. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The business’s 50 day simple moving average is $108.45 and its 200 day simple moving average is $104.65. The firm has a market cap of $181.38 billion, a PE ratio of 32.68, a P/E/G ratio of 1.80 and a beta of 1.41.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. On average, analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Jefferies Financial Group initiated coverage on shares of Walt Disney in a research note on Wednesday, December 4th. They set a “hold” rating and a $120.00 price target for the company. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and increased their price target for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. The Goldman Sachs Group raised their price target on Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research report on Tuesday, February 4th. Morgan Stanley upped their price objective on Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Finally, Loop Capital raised their target price on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Six investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.64.

Walt Disney 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.