The Walt Disney Company (NYSE:DIS) Stock Holdings Lessened by First Western Trust Bank

First Western Trust Bank lowered its position in The Walt Disney Company (NYSE:DIS) by 11.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,422 shares of the entertainment giant’s stock after selling 3,499 shares during the quarter. First Western Trust Bank’s holdings in Walt Disney were worth $2,734,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in DIS. Quent Capital LLC grew its position in Walt Disney by 4.4% in the first quarter. Quent Capital LLC now owns 7,766 shares of the entertainment giant’s stock worth $950,000 after acquiring an additional 327 shares in the last quarter. Edgestream Partners L.P. boosted its holdings in Walt Disney by 3.4% in the first quarter. Edgestream Partners L.P. now owns 3,876 shares of the entertainment giant’s stock worth $474,000 after purchasing an additional 128 shares in the last quarter. Rockport Wealth LLC acquired a new position in Walt Disney during the first quarter worth $282,000. O Shaughnessy Asset Management LLC increased its position in Walt Disney by 72.1% during the first quarter. O Shaughnessy Asset Management LLC now owns 130,008 shares of the entertainment giant’s stock worth $15,908,000 after buying an additional 54,447 shares during the last quarter. Finally, Capitolis Liquid Global Markets LLC bought a new position in Walt Disney during the first quarter valued at about $59,345,000. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently weighed in on DIS shares. Needham & Company LLC boosted their price objective on shares of Walt Disney from $110.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday. UBS Group lowered their price target on Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Macquarie boosted their price objective on Walt Disney from $91.00 to $110.00 and gave the stock a “neutral” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft raised their target price on Walt Disney from $115.00 to $131.00 and gave the company a “buy” rating in a report on Friday. Finally, Morgan Stanley upped their price target on Walt Disney from $110.00 to $125.00 and gave the stock an “overweight” rating in a report on Friday. Five research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus price target of $123.57.

Walt Disney Stock Performance

Shares of NYSE:DIS opened at $115.08 on Monday. The stock has a market capitalization of $208.71 billion, a price-to-earnings ratio of 42.46, a price-to-earnings-growth ratio of 1.87 and a beta of 1.40. The business’s fifty day moving average price is $95.57 and its two-hundred day moving average price is $96.60. 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 0.37, a current ratio of 0.73 and a quick ratio of 0.66.

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.