Unified Trust Company N.A. Acquires 2,397 Shares of The Walt Disney Company (NYSE:DIS)

Unified Trust Company N.A. grew its holdings in The Walt Disney Company (NYSE:DIS) by 8.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 31,954 shares of the entertainment giant’s stock after purchasing an additional 2,397 shares during the quarter. The Walt Disney makes up 1.7% of Unified Trust Company N.A.’s investment portfolio, making the stock its 14th largest position. Unified Trust Company N.A.’s holdings in The Walt Disney were worth $5,617,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Punch & Associates Investment Management Inc. increased its holdings in shares of The Walt Disney by 2.2% during the 1st quarter. Punch & Associates Investment Management Inc. now owns 79,970 shares of the entertainment giant’s stock valued at $14,756,000 after acquiring an additional 1,759 shares during the last quarter. First Interstate Bank acquired a new stake in shares of The Walt Disney in the second quarter worth $5,248,000. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of The Walt Disney by 2.1% during the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 203,463 shares of the entertainment giant’s stock worth $35,762,000 after buying an additional 4,116 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in The Walt Disney by 56.5% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 407,455 shares of the entertainment giant’s stock valued at $74,951,000 after acquiring an additional 147,146 shares during the period. Finally, Eudaimonia Partners LLC boosted its stake in The Walt Disney by 20.2% during the 2nd quarter. Eudaimonia Partners LLC now owns 17,470 shares of the entertainment giant’s stock valued at $3,071,000 after purchasing an additional 2,934 shares during the period. Institutional investors own 64.10% of the company’s stock.

Shares of The Walt Disney stock traded up $1.82 during trading on Thursday, reaching $174.78. 223,321 shares of the company were exchanged, compared to its average volume of 9,481,632. The business has a 50-day moving average price of $178.12 and a 200-day moving average price of $178.97. The firm has a market capitalization of $317.60 billion, a price-to-earnings ratio of 283.54, a P/E/G ratio of 3.50 and a beta of 1.19. The company has a quick ratio of 1.19, a current ratio of 1.24 and a debt-to-equity ratio of 0.56. The Walt Disney Company has a twelve month low of $117.23 and a twelve month high of $203.02.

The Walt Disney (NYSE:DIS) last posted its earnings results on Thursday, August 12th. The entertainment giant reported $0.80 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.23. The company had revenue of $17.02 billion during the quarter, compared to analyst estimates of $16.82 billion. The Walt Disney had a return on equity of 3.78% and a net margin of 1.77%. During the same period in the previous year, the company earned $0.08 EPS. On average, equities research analysts forecast that The Walt Disney Company will post 2.45 EPS for the current fiscal year.

A number of research analysts have recently commented on the company. UBS Group upped their price target on The Walt Disney from $215.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, August 13th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of The Walt Disney from $213.00 to $200.00 and set a “buy” rating for the company in a research report on Friday, August 27th. Wells Fargo & Company decreased their target price on The Walt Disney from $216.00 to $203.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 28th. Evercore ISI reaffirmed a “buy” rating and issued a $210.00 target price on shares of The Walt Disney in a research report on Wednesday, September 22nd. Finally, Zacks Investment Research lowered shares of The Walt Disney from a “buy” rating to a “hold” rating and set a $185.00 target price on the stock. in a research report on Wednesday, August 18th. Three analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $209.08.

In other The Walt Disney news, CEO Robert A. Chapek sold 10,587 shares of the stock in a transaction dated Tuesday, August 31st. The stock was sold at an average price of $182.00, for a total value of $1,926,834.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Brent Woodford sold 8,000 shares of The Walt Disney stock in a transaction dated Friday, August 13th. The shares were sold at an average price of $186.57, for a total value of $1,492,560.00. Following the transaction, the executive vice president now owns 42,620 shares in the company, valued at approximately $7,951,613.40. The disclosure for this sale can be found here. 0.25% of the stock is currently owned by insiders.

The Walt Disney Profile

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.

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

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