Bank of New Hampshire Sells 575 Shares of The Walt Disney Company (NYSE:DIS)

Bank of New Hampshire trimmed its position in The Walt Disney Company (NYSE:DIS) by 20.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,228 shares of the entertainment giant’s stock after selling 575 shares during the quarter. Bank of New Hampshire’s holdings in Walt Disney were worth $221,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Gold Investment Management Ltd. acquired a new position in Walt Disney in the 4th quarter valued at about $28,000. Stone House Investment Management LLC grew its position in shares of Walt Disney by 355.3% during the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant’s stock worth $31,000 after purchasing an additional 270 shares in the last quarter. ESL Trust Services LLC acquired a new position in shares of Walt Disney during the 1st quarter worth approximately $31,000. Partnership Wealth Management LLC acquired a new position in shares of Walt Disney during the 4th quarter worth approximately $33,000. Finally, Evolution Advisers Inc. grew its position in shares of Walt Disney by 38.2% during the 4th quarter. Evolution Advisers Inc. now owns 380 shares of the entertainment giant’s stock worth $34,000 after purchasing an additional 105 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Down 3.7 %

Shares of DIS stock traded down $3.48 during trading hours on Friday, hitting $89.57. 15,433,552 shares of the company’s stock traded hands, compared to its average volume of 10,202,989. The stock’s 50 day simple moving average is $98.39 and its 200 day simple moving average is $105.33. The stock has a market cap of $163.29 billion, a PE ratio of 97.36, a price-to-earnings-growth ratio of 1.15 and a beta of 1.40. The Walt Disney Company has a 12 month low of $78.73 and a 12 month high of $123.74. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.12 by $0.09. The firm had revenue of $22.08 billion during the quarter, compared to the consensus estimate of $22.12 billion. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. The company’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.93 earnings per share. On average, sell-side analysts anticipate that The Walt Disney Company will post 4.77 EPS for the current year.

Analyst Ratings Changes

DIS has been the topic of a number of analyst reports. Macquarie increased their target price on shares of Walt Disney from $104.00 to $107.00 and gave the stock a “neutral” rating in a research report on Monday, May 13th. UBS Group decreased their target price on shares of Walt Disney from $140.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday, May 8th. Moffett Nathanson reduced their price target on shares of Walt Disney from $130.00 to $125.00 and set a “buy” rating on the stock in a research report on Tuesday, July 2nd. Argus increased their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, April 10th. Finally, Loop Capital reduced their price target on shares of Walt Disney from $139.00 to $130.00 and set a “buy” rating on the stock in a research report on Tuesday, July 30th. Three analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $128.13.

Insider Buying and Selling

In related news, EVP Sonia L. Coleman sold 4,400 shares of Walt Disney stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total transaction of $466,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, EVP Sonia L. Coleman sold 4,400 shares of Walt Disney stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total transaction of $466,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director James P. Gorman bought 20,000 shares of the stock in a transaction that occurred on Wednesday, May 8th. The shares were purchased at an average cost of $106.03 per share, with a total value of $2,120,600.00. Following the purchase, the director now directly owns 20,467 shares of the company’s stock, valued at $2,170,116.01. The disclosure for this purchase can be found here. 0.10% of the stock is owned by insiders.

About Walt Disney

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.