Pioneer Trust Bank N A OR Increases Stock Holdings in The Walt Disney Company (NYSE:DIS)

Pioneer Trust Bank N A OR increased its position in shares of The Walt Disney Company (NYSE:DIS) by 0.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 61,755 shares of the entertainment giant’s stock after acquiring an additional 123 shares during the quarter. Walt Disney makes up 1.6% of Pioneer Trust Bank N A OR’s portfolio, making the stock its 27th biggest holding. Pioneer Trust Bank N A OR’s holdings in Walt Disney were worth $5,513,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the company. Wealth Advisory Solutions LLC lifted its holdings in Walt Disney by 1.6% in the fourth quarter. Wealth Advisory Solutions LLC now owns 5,981 shares of the entertainment giant’s stock valued at $520,000 after acquiring an additional 94 shares during the last quarter. Alterna Wealth Management Inc. grew its holdings in shares of Walt Disney by 4.4% during the 4th quarter. Alterna Wealth Management Inc. now owns 2,387 shares of the entertainment giant’s stock worth $207,000 after purchasing an additional 100 shares during the period. Trifecta Capital Advisors LLC increased its position in shares of Walt Disney by 3.0% during the 1st quarter. Trifecta Capital Advisors LLC now owns 3,479 shares of the entertainment giant’s stock worth $348,000 after purchasing an additional 100 shares during the last quarter. Mine & Arao Wealth Creation & Management LLC. raised its holdings in Walt Disney by 1.6% in the 1st quarter. Mine & Arao Wealth Creation & Management LLC. now owns 6,488 shares of the entertainment giant’s stock valued at $650,000 after buying an additional 100 shares during the period. Finally, Carolinas Wealth Consulting LLC boosted its stake in Walt Disney by 2.9% during the first 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 during the period. 61.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DIS has been the topic of a number of research analyst reports. KeyCorp reduced their price target on shares of Walt Disney from $120.00 to $107.00 and set an “overweight” rating on the stock in a research note on Thursday, May 25th. Atlantic Securities cut Walt Disney from a “neutral” rating to an “underweight” rating and dropped their price objective for the company from $113.00 to $76.00 in a research note on Tuesday, July 25th. Citigroup lowered their target price on Walt Disney from $125.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, August 16th. StockNews.com assumed coverage on shares of Walt Disney in a research note on Thursday, August 17th. They issued a “sell” rating for the company. Finally, Wells Fargo & Company reduced their target price on shares of Walt Disney from $146.00 to $110.00 and set an “overweight” rating on the stock in a report on Tuesday, September 5th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and eighteen have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $114.58.

Insider Activity

In other Walt Disney news, EVP Sonia L. Coleman sold 959 shares of the firm’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $89.05, for a total value of $85,398.95. Following the completion of the sale, the executive vice president now owns 961 shares of the company’s stock, valued at $85,577.05. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 0.10% of the company’s stock.

Walt Disney Trading Down 0.6 %

Shares of DIS stock opened at $85.03 on Tuesday. The Walt Disney Company has a twelve month low of $79.75 and a twelve month high of $118.18. The company has a current ratio of 1.07, a quick ratio of 1.00 and a debt-to-equity ratio of 0.44. The business’s 50 day moving average is $85.78 and its two-hundred day moving average is $91.59. The company has a market capitalization of $155.58 billion, a P/E ratio of 69.13, a price-to-earnings-growth ratio of 1.72 and a beta of 1.28.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, August 9th. The entertainment giant reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.04. The business had revenue of $22.33 billion for the quarter, compared to analyst estimates of $22.50 billion. Walt Disney had a net margin of 2.56% and a return on equity of 6.45%. The business’s revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.09 earnings per share. Equities analysts forecast that The Walt Disney Company will post 3.68 EPS for the current year.

Walt Disney Company Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces films under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.