Sanibel Captiva Trust Company Inc. Buys 1,459 Shares of The Walt Disney Company (NYSE:DIS)

Sanibel Captiva Trust Company Inc. boosted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 0.7% during the first quarter, Holdings Channel.com reports. The institutional investor owned 224,167 shares of the entertainment giant’s stock after acquiring an additional 1,459 shares during the quarter. Sanibel Captiva Trust Company Inc.’s holdings in Walt Disney were worth $22,125,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after purchasing an additional 1,904 shares during the last quarter. Vest Financial LLC lifted its stake in shares of Walt Disney by 14.3% in the 4th quarter. Vest Financial LLC now owns 7,489 shares of the entertainment giant’s stock valued at $834,000 after purchasing an additional 935 shares during the period. Kestra Private Wealth Services LLC increased its holdings in Walt Disney by 16.4% in the fourth quarter. Kestra Private Wealth Services LLC now owns 81,303 shares of the entertainment giant’s stock worth $9,053,000 after purchasing an additional 11,448 shares in the last quarter. Coronation Fund Managers Ltd. lifted its stake in Walt Disney by 1.7% in the fourth quarter. Coronation Fund Managers Ltd. now owns 187,785 shares of the entertainment giant’s stock valued at $20,910,000 after buying an additional 3,054 shares during the period. Finally, Angeles Wealth Management LLC boosted its holdings in shares of Walt Disney by 16.5% during the 4th quarter. Angeles Wealth Management LLC now owns 10,026 shares of the entertainment giant’s stock worth $1,116,000 after buying an additional 1,422 shares in the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Up 1.6%

Shares of NYSE DIS opened at $115.72 on Tuesday. 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 stock has a market capitalization of $208.03 billion, a PE ratio of 37.69, a P/E/G ratio of 1.80 and a beta of 1.54. The Walt Disney Company has a one year low of $80.10 and a one year high of $118.63. The business’s fifty day moving average price is $98.83 and its 200-day moving average price is $105.70.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.24. The business had revenue of $23.62 billion for the quarter, compared to analysts’ expectations of $23.15 billion. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.21 EPS. On average, equities research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Insider Activity

In related news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total value of $110,840.00. Following the completion of the transaction, the executive vice president now directly owns 46,831 shares in the company, valued at approximately $5,190,748.04. The trade was a 2.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have commented on DIS. Barclays raised their price target on shares of Walt Disney from $115.00 to $120.00 and gave the stock an “overweight” rating in a report on Thursday, May 8th. Morgan Stanley raised their target price on Walt Disney from $110.00 to $120.00 and gave the company an “overweight” rating in a research note on Thursday, May 8th. Loop Capital boosted their target price on Walt Disney from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, May 8th. Wolfe Research upgraded Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 price target on the stock in a report on Monday, April 21st. Finally, Needham & Company LLC restated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a report on Thursday, May 8th. Six equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $123.75.

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.