The Walt Disney Company (NYSE:DIS) Stock Holdings Lessened by Penobscot Investment Management Company Inc.

Penobscot Investment Management Company Inc. lessened its holdings in shares of The Walt Disney Company (NYSE:DIS) by 0.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,321 shares of the entertainment giant’s stock after selling 115 shares during the period. Penobscot Investment Management Company Inc.’s holdings in Walt Disney were worth $2,151,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. FPC Investment Advisory Inc. bought a new stake in shares of Walt Disney in the 4th quarter worth approximately $28,000. Tacita Capital Inc increased its position in Walt Disney by 93.2% in the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after buying an additional 124 shares during the period. Midwest Capital Advisors LLC bought a new stake in Walt Disney in the fourth quarter valued at $34,000. Bay Harbor Wealth Management LLC acquired a new position in shares of Walt Disney during the fourth quarter valued at $35,000. Finally, Vision Financial Markets LLC acquired a new stake in shares of Walt Disney in the 4th quarter worth about $39,000. Institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Up 1.4 %

DIS stock opened at $101.61 on Wednesday. The firm has a 50-day moving average price of $107.76 and a 200-day moving average price of $104.95. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $183.69 billion, a P/E ratio of 33.10, a price-to-earnings-growth ratio of 1.80 and a beta of 1.41.

Walt Disney (NYSE:DIS) last issued its earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping 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%. As a group, equities research analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DIS has been the subject of several recent analyst reports. Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and upped their target price for the stock from $100.00 to $147.00 in a research report on Tuesday, January 7th. Rosenblatt Securities restated a “buy” rating and issued a $135.00 target price on shares of Walt Disney in a research report on Monday, February 10th. Loop Capital boosted their price target on Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, March 4th. Citigroup reissued a “buy” rating and issued a $125.00 price target on shares of Walt Disney in a research note on Wednesday, January 22nd. Finally, The Goldman Sachs Group lifted their price objective on shares of Walt Disney from $137.00 to $139.00 and gave the company a “buy” rating in a research note on Tuesday, February 4th. Six 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. According to MarketBeat, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.64.

Walt Disney Profile

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.