Gamble Jones Investment Counsel Boosts Stake in Walt Disney Co (NYSE:DIS)

Gamble Jones Investment Counsel lifted its holdings in Walt Disney Co (NYSE:DIS) by 0.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,703 shares of the entertainment giant’s stock after buying an additional 987 shares during the quarter. Walt Disney accounts for 1.3% of Gamble Jones Investment Counsel’s portfolio, making the stock its 16th biggest holding. Gamble Jones Investment Counsel’s holdings in Walt Disney were worth $15,991,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of DIS. Neville Rodie & Shaw Inc. raised its holdings in Walt Disney by 3.6% during the second quarter. Neville Rodie & Shaw Inc. now owns 105,566 shares of the entertainment giant’s stock worth $14,741,000 after purchasing an additional 3,669 shares during the last quarter. Bath Savings Trust Co raised its holdings in Walt Disney by 1.7% during the second quarter. Bath Savings Trust Co now owns 85,792 shares of the entertainment giant’s stock worth $11,980,000 after purchasing an additional 1,456 shares during the last quarter. Thomasville National Bank raised its holdings in Walt Disney by 1.4% during the second quarter. Thomasville National Bank now owns 162,075 shares of the entertainment giant’s stock worth $22,632,000 after purchasing an additional 2,276 shares during the last quarter. Private Trust Co. NA raised its holdings in Walt Disney by 3.6% during the second quarter. Private Trust Co. NA now owns 22,398 shares of the entertainment giant’s stock worth $3,127,000 after purchasing an additional 783 shares during the last quarter. Finally, Baystate Wealth Management LLC raised its holdings in Walt Disney by 2.7% during the second quarter. Baystate Wealth Management LLC now owns 5,414 shares of the entertainment giant’s stock worth $767,000 after purchasing an additional 142 shares during the last quarter. Hedge funds and other institutional investors own 68.42% of the company’s stock.

A number of equities analysts have recently weighed in on the company. JPMorgan Chase & Co. set a $150.00 price target on Walt Disney and gave the stock a “buy” rating in a report on Friday. Credit Suisse Group reissued a “buy” rating and issued a $150.00 price target on shares of Walt Disney in a report on Thursday, August 8th. UBS Group cut their price target on Walt Disney from $165.00 to $155.00 and set a “buy” rating for the company in a report on Wednesday. Needham & Company LLC reissued a “hold” rating on shares of Walt Disney in a report on Friday, September 27th. Finally, Wells Fargo & Co cut their price target on Walt Disney from $173.00 to $167.00 and set an “outperform” rating for the company in a report on Friday. Seven equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. Walt Disney presently has an average rating of “Buy” and an average target price of $150.47.

Walt Disney stock opened at $137.96 on Friday. The firm has a market capitalization of $248.52 billion, a P/E ratio of 19.49, a PEG ratio of 4.43 and a beta of 0.96. The stock has a fifty day moving average price of $131.00 and a 200 day moving average price of $136.12. Walt Disney Co has a 52 week low of $100.35 and a 52 week high of $147.15. The company has a current ratio of 0.70, a quick ratio of 0.67 and a debt-to-equity ratio of 0.38.

Walt Disney (NYSE:DIS) last released its earnings results on Thursday, November 7th. The entertainment giant reported $1.07 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.95 by $0.12. The firm had revenue of $19.10 billion during the quarter, compared to analyst estimates of $19.02 billion. Walt Disney had a return on equity of 13.08% and a net margin of 19.02%. The business’s quarterly revenue was up 33.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.48 earnings per share. As a group, equities analysts predict that Walt Disney Co will post 5.74 EPS for the current year.

Walt Disney Company Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming businesses under the ESPN, Disney, and Freeform brands; broadcast businesses, including ABC TV Network and eight owned television stations; and radio businesses.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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