Pioneer Trust Bank N A OR Sells 1,207 Shares of The Walt Disney Company (NYSE:DIS)

Pioneer Trust Bank N A OR decreased its stake in The Walt Disney Company (NYSE:DIS) by 2.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 59,310 shares of the entertainment giant’s stock after selling 1,207 shares during the period. Walt Disney comprises about 1.7% of Pioneer Trust Bank N A OR’s investment portfolio, making the stock its 24th biggest position. Pioneer Trust Bank N A OR’s holdings in Walt Disney were worth $6,604,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in DIS. United Bank raised its holdings in shares of Walt Disney by 6.2% during the 3rd quarter. United Bank now owns 12,145 shares of the entertainment giant’s stock valued at $1,168,000 after buying an additional 712 shares in the last quarter. Morse Asset Management Inc raised its stake in shares of Walt Disney by 17.5% during the third quarter. Morse Asset Management Inc now owns 21,366 shares of the entertainment giant’s stock worth $2,055,000 after acquiring an additional 3,185 shares in the last quarter. Quarry LP lifted its holdings in shares of Walt Disney by 151.8% in the 3rd quarter. Quarry LP now owns 5,326 shares of the entertainment giant’s stock worth $512,000 after acquiring an additional 3,211 shares during the last quarter. Quantinno Capital Management LP boosted its stake in shares of Walt Disney by 41.9% in the 3rd quarter. Quantinno Capital Management LP now owns 119,027 shares of the entertainment giant’s stock valued at $11,449,000 after purchasing an additional 35,133 shares in the last quarter. Finally, Texas Capital Bank Wealth Management Services Inc grew its holdings in shares of Walt Disney by 15.5% during the 3rd quarter. Texas Capital Bank Wealth Management Services Inc now owns 7,403 shares of the entertainment giant’s stock valued at $712,000 after purchasing an additional 992 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Down 6.0 %

NYSE:DIS opened at $83.52 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The firm’s 50-day moving average price is $105.68 and its 200-day moving average price is $105.11. The company has a market capitalization of $150.99 billion, a PE ratio of 27.21, a P/E/G ratio of 1.80 and a beta of 1.44. The Walt Disney Company has a 1-year low of $83.08 and a 1-year high of $118.86.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, topping 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, equities analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have issued reports on DIS. Rosenblatt Securities restated a “buy” rating and set a $135.00 price target on shares of Walt Disney in a research report on Monday, February 10th. The Goldman Sachs Group increased their target price on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Macquarie reaffirmed a “neutral” rating and issued a $110.00 price target on shares of Walt Disney in a research note on Monday, January 6th. Loop Capital increased their price objective on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, March 4th. Finally, Redburn Atlantic raised shares of Walt Disney from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Six research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and an average target price of $125.33.

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.