First Bank & Trust Has $275,000 Stake in The Walt Disney Company (NYSE:DIS)

First Bank & Trust decreased its holdings in The Walt Disney Company (NYSE:DIS) by 6.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,468 shares of the entertainment giant’s stock after selling 175 shares during the quarter. First Bank & Trust’s holdings in Walt Disney were worth $275,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in DIS. Allspring Global Investments Holdings LLC raised its position in shares of Walt Disney by 4.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 107,880 shares of the entertainment giant’s stock valued at $10,377,000 after buying an additional 4,878 shares in the last quarter. Elevated Capital Advisors LLC raised its position in shares of Walt Disney by 26.5% in the 3rd quarter. Elevated Capital Advisors LLC now owns 8,312 shares of the entertainment giant’s stock valued at $800,000 after buying an additional 1,740 shares in the last quarter. Wallington Asset Management LLC raised its position in shares of Walt Disney by 1.1% in the 3rd quarter. Wallington Asset Management LLC now owns 48,696 shares of the entertainment giant’s stock valued at $4,684,000 after buying an additional 534 shares in the last quarter. McAdam LLC raised its position in shares of Walt Disney by 11.8% in the 3rd quarter. McAdam LLC now owns 4,104 shares of the entertainment giant’s stock valued at $395,000 after buying an additional 433 shares in the last quarter. Finally, Capital Investment Counsel Inc raised its position in shares of Walt Disney by 1.2% in the 3rd quarter. Capital Investment Counsel Inc now owns 42,691 shares of the entertainment giant’s stock valued at $4,106,000 after buying an additional 505 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Down 0.7 %

Shares of NYSE DIS opened at $110.52 on Friday. The company has a market capitalization of $199.80 billion, a P/E ratio of 36.00, a price-to-earnings-growth ratio of 1.78 and a beta of 1.42. 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 company’s 50 day moving average price is $110.80 and its 200-day moving average price is $102.34.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) 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%. Equities analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current year.

Walt Disney Increases Dividend

The company also recently declared a semi-annual dividend, which was paid on Thursday, January 16th. Stockholders of record on Monday, December 16th were given a $0.50 dividend. The ex-dividend date was Monday, December 16th. This represents a dividend yield of 0.6%. This is an increase from Walt Disney’s previous semi-annual dividend of $0.45. Walt Disney’s payout ratio is 32.57%.

Insider Transactions at Walt Disney

In other news, EVP Brent Woodford sold 8,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $114.74, for a total value of $917,920.00. Following the transaction, the executive vice president now owns 44,055 shares in the company, valued at approximately $5,054,870.70. The trade was a 15.37 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.16% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Jefferies Financial Group assumed coverage on shares of Walt Disney in a research report on Wednesday, December 4th. They issued a “hold” rating and a $120.00 target price for the company. Morgan Stanley lifted their price target on shares of Walt Disney from $125.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Redburn Atlantic raised shares of Walt Disney from a “neutral” rating to a “buy” rating and lifted their price target for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Wells Fargo & Company lifted their price target on shares of Walt Disney from $116.00 to $138.00 and gave the company an “overweight” rating in a report on Friday, November 15th. Finally, Evercore ISI lifted their price target on shares of Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Six equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Walt Disney presently has a consensus rating of “Moderate Buy” and an average price target of $125.85.

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.