Trust Co. of Virginia VA reduced its position in shares of Walt Disney Co (NYSE:DIS) by 3.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 97,250 shares of the entertainment giant’s stock after selling 3,073 shares during the period. Walt Disney makes up about 1.5% of Trust Co. of Virginia VA’s portfolio, making the stock its 21st biggest holding. Trust Co. of Virginia VA’s holdings in Walt Disney were worth $9,394,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the stock. TD Capital Management LLC acquired a new position in Walt Disney in the 1st quarter valued at $29,000. Carolina Wealth Advisors LLC acquired a new position in Walt Disney in the 4th quarter valued at $31,000. Cox Capital Mgt LLC acquired a new position in Walt Disney in the 1st quarter valued at $34,000. Marquette Asset Management LLC raised its holdings in Walt Disney by 3,500.0% in the 1st quarter. Marquette Asset Management LLC now owns 360 shares of the entertainment giant’s stock valued at $35,000 after acquiring an additional 350 shares in the last quarter. Finally, Horan Securities Inc. acquired a new position in Walt Disney in the 1st quarter valued at $36,000. 63.10% of the stock is owned by institutional investors and hedge funds.
Several equities analysts have weighed in on DIS shares. Wells Fargo & Co cut Walt Disney from an “overweight” rating to an “equal weight” rating in a report on Sunday, April 19th. Credit Suisse Group cut Walt Disney from an “outperform” rating to a “neutral” rating and set a $116.00 price target for the company. in a report on Monday, April 20th. Royal Bank of Canada lowered their price target on Walt Disney from $110.00 to $108.00 and set a “sector perform” rating for the company in a report on Wednesday, May 6th. Bank of America reissued a “buy” rating and set a $125.00 price target on shares of Walt Disney in a report on Wednesday, February 26th. Finally, Deutsche Bank lowered their price target on Walt Disney from $147.00 to $128.00 and set a “hold” rating for the company in a report on Tuesday. Fourteen research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Walt Disney presently has an average rating of “Hold” and a consensus price target of $126.58.
Shares of DIS stock opened at $118.02 on Friday. The firm has a market capitalization of $212.83 billion, a P/E ratio of 39.87, a P/E/G ratio of 11.04 and a beta of 1.08. Walt Disney Co has a twelve month low of $79.07 and a twelve month high of $153.41. The company has a quick ratio of 0.89, a current ratio of 0.94 and a debt-to-equity ratio of 0.45. The stock’s fifty day simple moving average is $104.80 and its 200 day simple moving average is $127.09.
Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, May 5th. The entertainment giant reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.23). Walt Disney had a return on equity of 9.09% and a net margin of 6.88%. The firm had revenue of $18.01 billion for the quarter, compared to the consensus estimate of $17.49 billion. During the same quarter in the prior year, the firm earned $1.61 EPS. The company’s revenue was up 20.7% on a year-over-year basis. As a group, equities research analysts expect that Walt Disney Co will post 2.09 EPS for the current fiscal year.
Walt Disney Profile
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.
Featured Article: Balanced Fund
Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walt Disney Co (NYSE:DIS).
Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.