Stock Yards Bank & Trust Co. Acquires 334 Shares of The Walt Disney Company (NYSE:DIS)

Stock Yards Bank & Trust Co. grew its holdings in The Walt Disney Company (NYSE:DIS) by 0.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 178,824 shares of the entertainment giant’s stock after purchasing an additional 334 shares during the period. Walt Disney makes up about 1.9% of Stock Yards Bank & Trust Co.’s portfolio, making the stock its 17th biggest position. Stock Yards Bank & Trust Co.’s holdings in Walt Disney were worth $30,252,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its position in Walt Disney by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 136,666,060 shares of the entertainment giant’s stock worth $24,021,793,000 after acquiring an additional 940,877 shares during the last quarter. BlackRock Inc. grew its position in Walt Disney by 2.2% during the 2nd quarter. BlackRock Inc. now owns 119,480,524 shares of the entertainment giant’s stock worth $21,001,090,000 after acquiring an additional 2,623,659 shares during the last quarter. State Street Corp grew its position in Walt Disney by 1.9% during the 2nd quarter. State Street Corp now owns 71,914,682 shares of the entertainment giant’s stock worth $12,640,444,000 after acquiring an additional 1,355,380 shares during the last quarter. Morgan Stanley grew its position in Walt Disney by 1.9% during the 2nd quarter. Morgan Stanley now owns 32,666,477 shares of the entertainment giant’s stock worth $5,741,785,000 after acquiring an additional 595,313 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Walt Disney by 3.0% during the 2nd quarter. Geode Capital Management LLC now owns 27,929,476 shares of the entertainment giant’s stock worth $4,893,596,000 after acquiring an additional 813,689 shares during the last quarter. Institutional investors own 64.08% of the company’s stock.

DIS stock traded up $0.31 during trading on Thursday, reaching $151.34. 14,123,739 shares of the stock were exchanged, compared to its average volume of 10,012,573. The firm’s 50 day moving average is $170.25 and its 200 day moving average is $175.01. The Walt Disney Company has a twelve month low of $146.29 and a twelve month high of $203.02. The company has a current ratio of 1.08, a quick ratio of 1.04 and a debt-to-equity ratio of 0.52. The firm has a market cap of $275.00 billion, a P/E ratio of 138.84, a price-to-earnings-growth ratio of 1.49 and a beta of 1.17.

Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Wednesday, November 10th. The entertainment giant reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.13). Walt Disney had a return on equity of 4.86% and a net margin of 2.96%. During the same period last year, the company earned ($0.20) EPS. As a group, analysts predict that The Walt Disney Company will post 4.74 earnings per share for the current fiscal year.

A number of brokerages recently weighed in on DIS. Barclays lowered Walt Disney from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $210.00 to $175.00 in a research report on Monday, October 18th. Deutsche Bank Aktiengesellschaft reduced their price target on Walt Disney from $200.00 to $191.00 and set a “buy” rating on the stock in a research report on Monday, November 15th. Citigroup reduced their price target on Walt Disney from $230.00 to $210.00 and set a “buy” rating on the stock in a research report on Tuesday, November 16th. Atlantic Securities lowered Walt Disney from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $219.00 to $172.00 in a research report on Thursday, November 11th. Finally, Loop Capital reduced their price target on Walt Disney from $220.00 to $205.00 and set a “buy” rating on the stock in a research report on Friday, November 12th. Six research analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $200.15.

In related news, CEO Robert A. Chapek sold 10,587 shares of the company’s stock in a transaction that occurred on Tuesday, August 31st. The stock was sold at an average price of $182.00, for a total transaction of $1,926,834.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.25% of the stock is currently owned by corporate insiders.

About Walt Disney

The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Media Networks, Parks, Experiences and Products, Studio Entertainment and Direct-to-Consumer and International (DTCI). The Media Networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, radio networks and stations.

See Also: Different Options Trading Strategies

Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Walt Disney Company (NYSE:DIS).

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

Receive News & Ratings for Walt Disney Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney and related companies with MarketBeat.com's FREE daily email newsletter.