First Financial Bankshares Inc Has $203,000 Holdings in The Walt Disney Company (NYSE:DIS)

First Financial Bankshares Inc trimmed its position in shares of The Walt Disney Company (NYSE:DIS) by 34.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,823 shares of the entertainment giant’s stock after selling 952 shares during the period. First Financial Bankshares Inc’s holdings in Walt Disney were worth $203,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. State Street Corp boosted its stake in shares of Walt Disney by 0.6% during the 3rd quarter. State Street Corp now owns 77,596,191 shares of the entertainment giant’s stock worth $7,463,978,000 after acquiring an additional 490,681 shares during the period. Geode Capital Management LLC boosted its position in Walt Disney by 3.8% during the third quarter. Geode Capital Management LLC now owns 37,672,320 shares of the entertainment giant’s stock worth $3,609,833,000 after purchasing an additional 1,393,082 shares during the period. FMR LLC increased its holdings in shares of Walt Disney by 8.7% in the third quarter. FMR LLC now owns 34,416,668 shares of the entertainment giant’s stock valued at $3,310,539,000 after purchasing an additional 2,765,389 shares during the last quarter. Jennison Associates LLC raised its position in shares of Walt Disney by 23.4% in the fourth quarter. Jennison Associates LLC now owns 19,197,463 shares of the entertainment giant’s stock valued at $2,137,637,000 after purchasing an additional 3,636,742 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of Walt Disney by 15.5% during the 4th quarter. Bank of New York Mellon Corp now owns 17,104,295 shares of the entertainment giant’s stock worth $1,904,563,000 after buying an additional 2,300,912 shares during the last quarter. 65.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on DIS. The Goldman Sachs Group increased their price target on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Prescient Securities dropped their price target on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a report on Tuesday, February 4th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $135.00 price objective on shares of Walt Disney in a report on Monday, February 10th. Needham & Company LLC reissued a “buy” rating and set a $130.00 target price on shares of Walt Disney in a report on Wednesday, February 5th. Finally, Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and upped their price target for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Six analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney Stock Performance

Shares of Walt Disney stock opened at $100.33 on Thursday. The company’s 50 day moving average price is $108.45 and its two-hundred day moving average price is $104.65. The firm has a market capitalization of $181.38 billion, a P/E ratio of 32.68, a P/E/G ratio of 1.80 and a beta of 1.41. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. On average, equities analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

About Walt Disney

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.