Community Bank & Trust Waco Texas reduced its position in Walt Disney Company (The) (NYSE:DIS) by 11.9% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 3,117 shares of the entertainment giant’s stock after selling 422 shares during the period. Community Bank & Trust Waco Texas’ holdings in Walt Disney were worth $331,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tortoise Investment Management LLC grew its stake in shares of Walt Disney by 0.6% during the second quarter. Tortoise Investment Management LLC now owns 2,269 shares of the entertainment giant’s stock worth $241,000 after purchasing an additional 14 shares during the period. Burt Wealth Advisors grew its stake in shares of Walt Disney by 0.5% during the second quarter. Burt Wealth Advisors now owns 3,182 shares of the entertainment giant’s stock worth $338,000 after purchasing an additional 15 shares during the period. Sonata Capital Group Inc. grew its stake in shares of Walt Disney by 0.7% during the second quarter. Sonata Capital Group Inc. now owns 2,732 shares of the entertainment giant’s stock worth $290,000 after purchasing an additional 20 shares during the period. First Capital Advisors Group LLC. grew its stake in shares of Walt Disney by 0.4% during the second quarter. First Capital Advisors Group LLC. now owns 6,515 shares of the entertainment giant’s stock worth $692,000 after purchasing an additional 24 shares during the period. Finally, Ipswich Investment Management Co. Inc. grew its stake in shares of Walt Disney by 0.3% during the second quarter. Ipswich Investment Management Co. Inc. now owns 8,320 shares of the entertainment giant’s stock worth $884,000 after purchasing an additional 25 shares during the period. 60.19% of the stock is owned by institutional investors.

A number of equities research analysts recently commented on DIS shares. Bank of America reaffirmed a “buy” rating and set a $120.00 price objective (down from $125.00) on shares of Walt Disney in a research note on Friday, September 8th. FBR & Co reaffirmed a “hold” rating and set a $97.00 price objective on shares of Walt Disney in a research note on Friday, September 8th. Goldman Sachs Group lifted their price objective on Walt Disney from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, November 10th. Guggenheim reaffirmed a “buy” rating and set a $122.00 price objective on shares of Walt Disney in a research note on Tuesday, September 5th. Finally, UBS reaffirmed a “buy” rating and set a $126.00 price objective on shares of Walt Disney in a research note on Tuesday, September 5th. Three research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and sixteen have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $112.04.

Shares of Walt Disney Company (NYSE:DIS) opened at $105.25 on Friday. The company has a market capitalization of $158,960.34, a PE ratio of 18.46, a PEG ratio of 2.24 and a beta of 1.38. Walt Disney Company has a twelve month low of $96.20 and a twelve month high of $116.10. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). The firm had revenue of $12.78 billion during the quarter, compared to the consensus estimate of $13.30 billion. Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The business’s revenue for the quarter was down 2.8% on a year-over-year basis. During the same quarter last year, the firm earned $1.10 earnings per share. sell-side analysts anticipate that Walt Disney Company will post 6.24 EPS for the current year.

The company also recently declared a Semi-Annual dividend, which will be paid on Thursday, January 11th. Stockholders of record on Monday, December 11th will be issued a $0.84 dividend. The ex-dividend date is Friday, December 8th. Walt Disney’s dividend payout ratio (DPR) is 27.42%.

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About Walt Disney

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

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

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