Heritage Trust Co Has $3.11 Million Holdings in Walt Disney Company (The) (DIS)

Heritage Trust Co decreased its holdings in Walt Disney Company (The) (NYSE:DIS) by 14.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,280 shares of the entertainment giant’s stock after selling 5,095 shares during the quarter. Walt Disney accounts for about 1.2% of Heritage Trust Co’s portfolio, making the stock its 26th largest holding. Heritage Trust Co’s holdings in Walt Disney were worth $3,111,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Tdam USA Inc. raised its position in shares of Walt Disney by 4.1% in the 2nd quarter. Tdam USA Inc. now owns 195,498 shares of the entertainment giant’s stock valued at $20,666,000 after buying an additional 7,785 shares in the last quarter. State Treasurer State of Michigan raised its position in shares of Walt Disney by 73.3% in the 1st quarter. State Treasurer State of Michigan now owns 1,355,053 shares of the entertainment giant’s stock valued at $153,649,000 after buying an additional 573,000 shares in the last quarter. Walter & Keenan Financial Consulting Co. MI ADV raised its position in shares of Walt Disney by 7.9% in the 2nd quarter. Walter & Keenan Financial Consulting Co. MI ADV now owns 24,719 shares of the entertainment giant’s stock valued at $2,626,000 after buying an additional 1,800 shares in the last quarter. Mutual of America Capital Management LLC raised its position in shares of Walt Disney by 1.4% in the 1st quarter. Mutual of America Capital Management LLC now owns 175,248 shares of the entertainment giant’s stock valued at $19,871,000 after buying an additional 2,351 shares in the last quarter. Finally, Connecticut Wealth Management LLC raised its position in shares of Walt Disney by 1.4% in the 2nd quarter. Connecticut Wealth Management LLC now owns 3,038 shares of the entertainment giant’s stock valued at $315,000 after buying an additional 42 shares in the last quarter. Institutional investors own 61.51% of the company’s stock.

Shares of Walt Disney Company (NYSE DIS) opened at $107.22 on Wednesday. Walt Disney Company has a 1-year low of $96.20 and a 1-year high of $116.10. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42. The firm has a market cap of $166,466.58, a P/E ratio of 19.34, a price-to-earnings-growth ratio of 2.34 and a beta of 1.38.

Walt Disney (NYSE:DIS) last posted its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.05). Walt Disney had a return on equity of 19.66% and a net margin of 16.29%. The business had revenue of $12.78 billion for the quarter, compared to the consensus estimate of $13.30 billion. During the same period in the previous year, the firm earned $1.10 earnings per share. The company’s revenue was down 2.8% compared to the same quarter last year. equities analysts predict that Walt Disney Company will post 6.24 earnings per share for the current fiscal year.

The firm also recently announced a Semi-Annual dividend, which will be paid on Thursday, January 11th. Shareholders of record on Monday, December 11th will be issued a dividend of $0.84 per share. The ex-dividend date is Friday, December 8th. Walt Disney’s payout ratio is 27.42%.

DIS has been the topic of several research reports. Piper Jaffray Companies set a $130.00 price target on shares of Walt Disney and gave the company a “buy” rating in a report on Wednesday, August 9th. Credit Suisse Group reaffirmed an “outperform” rating and set a $120.00 price target (down from $125.00) on shares of Walt Disney in a report on Wednesday, August 9th. FBR & Co decreased their price target on shares of Walt Disney from $114.00 to $112.00 and set a “market perform” rating on the stock in a report on Wednesday, August 9th. BidaskClub lowered shares of Walt Disney from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Finally, Jefferies Group reaffirmed a “hold” rating and set a $110.00 price target on shares of Walt Disney in a report on Wednesday, August 9th. Three equities 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 stock. The company currently has a consensus rating of “Hold” and a consensus target price of $112.20.

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Walt Disney Company Profile

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.

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

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