Pioneer Trust Bank N A OR Sells 1,207 Shares of The Walt Disney Company (NYSE:DIS)

Pioneer Trust Bank N A OR lessened its position in The Walt Disney Company (NYSE:DIS) by 2.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 59,310 shares of the entertainment giant’s stock after selling 1,207 shares during the period. Walt Disney comprises about 1.7% of Pioneer Trust Bank N A OR’s investment portfolio, making the stock its 24th biggest holding. Pioneer Trust Bank N A OR’s holdings in Walt Disney were worth $6,604,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in DIS. First Western Trust Bank raised its holdings in Walt Disney by 3.1% in the 4th quarter. First Western Trust Bank now owns 29,297 shares of the entertainment giant’s stock worth $3,262,000 after acquiring an additional 875 shares during the last quarter. Hurlow Wealth Management Group Inc. purchased a new position in shares of Walt Disney in the fourth quarter worth $223,000. PAX Financial Group LLC lifted its holdings in shares of Walt Disney by 7.7% during the fourth quarter. PAX Financial Group LLC now owns 8,199 shares of the entertainment giant’s stock valued at $913,000 after purchasing an additional 587 shares in the last quarter. Wescott Financial Advisory Group LLC boosted its position in shares of Walt Disney by 5.9% during the fourth quarter. Wescott Financial Advisory Group LLC now owns 8,149 shares of the entertainment giant’s stock valued at $907,000 after buying an additional 454 shares during the last quarter. Finally, Foundry Partners LLC increased its holdings in Walt Disney by 99.7% in the 4th quarter. Foundry Partners LLC now owns 167,919 shares of the entertainment giant’s stock worth $18,698,000 after buying an additional 83,847 shares in the last quarter. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Citigroup reiterated a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Redburn Atlantic raised Walt Disney from a “neutral” rating to a “buy” rating and increased their price target for the company from $100.00 to $147.00 in a report on Tuesday, January 7th. Needham & Company LLC restated a “buy” rating and issued a $130.00 price target on shares of Walt Disney in a research note on Wednesday, February 5th. The Goldman Sachs Group increased their target price on Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 4th. Finally, Macquarie restated a “neutral” rating and set a $110.00 price target on shares of Walt Disney in a research note on Monday, January 6th. Six investment 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’s stock. According to data from MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and an average target price of $125.33.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $83.52 on Friday. The firm has a market cap of $150.99 billion, a price-to-earnings ratio of 27.21, a P/E/G ratio of 1.80 and a beta of 1.44. The firm has a fifty day moving average price of $105.68 and a 200 day moving average price of $105.11. The Walt Disney Company has a fifty-two week low of $83.08 and a fifty-two week high of $118.86. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. As a group, sell-side analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

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.