Trust Co. of Toledo NA OH Buys 825 Shares of The Walt Disney Company (NYSE:DIS)

Trust Co. of Toledo NA OH boosted its stake in The Walt Disney Company (NYSE:DIS) by 1.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,268 shares of the entertainment giant’s stock after acquiring an additional 825 shares during the period. Trust Co. of Toledo NA OH’s holdings in Walt Disney were worth $4,567,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in DIS. Mpwm Advisory Solutions LLC bought a new stake in shares of Walt Disney during the 4th quarter valued at $27,000. FPC Investment Advisory Inc. bought a new position in Walt Disney in the 4th quarter worth about $28,000. Tacita Capital Inc boosted its stake in Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after purchasing an additional 124 shares in the last quarter. Pilgrim Partners Asia Pte Ltd bought a new position in Walt Disney in the 4th quarter worth about $32,000. Finally, Midwest Capital Advisors LLC bought a new position in Walt Disney in the 4th quarter worth about $34,000. Institutional investors own 65.71% of the company’s stock.

Walt Disney Trading Down 0.6%

Shares of NYSE DIS opened at $117.85 on Friday. The business’s 50 day moving average is $101.58 and its two-hundred day moving average is $105.85. 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 Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $120.50. The stock has a market capitalization of $211.86 billion, a P/E ratio of 38.39, a PEG ratio of 1.80 and a beta of 1.54.

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

Insider Buying and Selling at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president now owns 46,831 shares of the company’s stock, valued at $5,190,748.04. This trade represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on DIS shares. Barclays boosted their target price on Walt Disney from $115.00 to $120.00 and gave the stock an “overweight” rating in a research report on Thursday, May 8th. Guggenheim decreased their target price on Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, May 8th. Needham & Company LLC reiterated a “buy” rating and set a $125.00 price target on shares of Walt Disney in a research note on Thursday, May 8th. Loop Capital upped their price objective on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, June 10th. Finally, Morgan Stanley raised their target price on Walt Disney from $110.00 to $120.00 and gave the stock an “overweight” rating in a report on Thursday, May 8th. Six analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $123.96.

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.