1ST Source Bank Has $5.17 Million Holdings in The Walt Disney Company (NYSE:DIS)

1ST Source Bank lessened its holdings in shares of The Walt Disney Company (NYSE:DIS) by 1.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,428 shares of the entertainment giant’s stock after selling 769 shares during the quarter. 1ST Source Bank’s holdings in Walt Disney were worth $5,170,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of DIS. FPC Investment Advisory Inc. bought a new stake in shares of Walt Disney during the fourth quarter worth approximately $28,000. Tacita Capital Inc boosted its holdings in shares of Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after acquiring an additional 124 shares during the period. Midwest Capital Advisors LLC bought a new stake in shares of Walt Disney during the fourth quarter worth approximately $34,000. Bay Harbor Wealth Management LLC bought a new stake in shares of Walt Disney during the fourth quarter worth approximately $35,000. Finally, Vision Financial Markets LLC bought a new stake in shares of Walt Disney during the fourth quarter worth approximately $39,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on DIS. Citigroup restated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. Redburn Atlantic upgraded Walt Disney from a “neutral” rating to a “buy” rating and boosted their price target for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Rosenblatt Securities reiterated a “buy” rating and issued a $135.00 price target on shares of Walt Disney in a research note on Monday, February 10th. Prescient Securities cut their price target on Walt Disney from $130.00 to $115.00 and set a “neutral” rating for the company in a research note on Tuesday, February 4th. Finally, Evercore ISI boosted their price target on Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Six research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney Stock Up 1.9 %

Shares of NYSE:DIS opened at $98.73 on Monday. The company has a fifty day moving average of $109.10 and a 200-day moving average of $104.45. The company has a market capitalization of $178.48 billion, a PE ratio of 32.16, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. On average, equities analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

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.