Sabal Trust CO Has $24.77 Million Holdings in The Walt Disney Company (NYSE:DIS)

Sabal Trust CO raised its holdings in shares of The Walt Disney Company (NYSE:DIS) by 79.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 250,958 shares of the entertainment giant’s stock after acquiring an additional 111,186 shares during the quarter. Sabal Trust CO’s holdings in Walt Disney were worth $24,770,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Trek Financial LLC increased its stake in Walt Disney by 479.9% in the 4th quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant’s stock valued at $4,044,000 after buying an additional 30,057 shares during the period. FourThought Financial Partners LLC purchased a new position in shares of Walt Disney during the 4th quarter valued at $446,000. WoodTrust Financial Corp grew its holdings in shares of Walt Disney by 6.7% during the 1st quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant’s stock valued at $9,491,000 after acquiring an additional 6,047 shares in the last quarter. Rheos Capital Works Inc. increased its stake in shares of Walt Disney by 164.7% in the first quarter. Rheos Capital Works Inc. now owns 395,400 shares of the entertainment giant’s stock worth $39,026,000 after acquiring an additional 246,000 shares during the last quarter. Finally, Merit Financial Group LLC raised its holdings in shares of Walt Disney by 47.0% during the first quarter. Merit Financial Group LLC now owns 57,172 shares of the entertainment giant’s stock worth $5,643,000 after acquiring an additional 18,272 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of NYSE DIS opened at $119.53 on Thursday. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $120.50. The company has a market cap of $214.89 billion, a P/E ratio of 24.44, a P/E/G ratio of 1.74 and a beta of 1.54. The business’s 50 day moving average is $106.76 and its two-hundred day moving average is $105.92. The company has a quick ratio of 0.61, a current ratio of 0.67 and a debt-to-equity ratio of 0.34.

Walt Disney (NYSE:DIS) last announced its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.24. The business had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. Walt Disney’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.21 earnings per share. On average, equities analysts expect that The Walt Disney Company will post 5.47 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have commented on DIS shares. UBS Group boosted their target price on Walt Disney from $105.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, May 8th. Wolfe Research upgraded Walt Disney from a “peer perform” rating to an “outperform” rating and set a $112.00 price objective on the stock in a report on Monday, April 21st. Rosenblatt Securities raised their price objective on shares of Walt Disney from $135.00 to $140.00 and gave the company a “buy” rating in a research report on Tuesday, June 3rd. Guggenheim decreased their target price on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, May 8th. Finally, Morgan Stanley increased their price target on shares of Walt Disney from $110.00 to $120.00 and gave the stock an “overweight” rating in a research note on Thursday, May 8th. Six investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $123.96.

Insiders Place Their Bets

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 13th. The stock was 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 in the company, valued at approximately $5,190,748.04. This trade represents a 2.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.16% of the company’s stock.

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.