Ames National Corp Purchases Shares of 3,817 The Walt Disney Company (NYSE:DIS)

Ames National Corp purchased a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 3,817 shares of the entertainment giant's stock, valued at approximately $425,000.

Several other hedge funds have also added to or reduced their stakes in the company. PharVision Advisers LLC acquired a new stake in Walt Disney during the 4th quarter worth approximately $751,000. Mpwm Advisory Solutions LLC acquired a new position in Walt Disney in the 4th quarter valued at $27,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Walt Disney by 21.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,867,017 shares of the entertainment giant's stock valued at $1,878,142,000 after acquiring an additional 3,016,339 shares in the last quarter. Waverly Advisors LLC raised its holdings in Walt Disney by 28.2% in the 4th quarter. Waverly Advisors LLC now owns 36,953 shares of the entertainment giant's stock valued at $4,115,000 after acquiring an additional 8,136 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC raised its holdings in Walt Disney by 46.3% in the 4th quarter. Worldquant Millennium Advisors LLC now owns 832,413 shares of the entertainment giant's stock valued at $92,689,000 after acquiring an additional 263,502 shares in the last quarter. 65.71% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the company's stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the completion of the transaction, the executive vice president now owns 46,831 shares of the company's stock, valued at $5,190,748.04. This represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.16% of the company's stock.

Walt Disney Price Performance

DIS traded up $0.62 on Thursday, reaching $111.08. The stock had a trading volume of 7,899,241 shares, compared to its average volume of 10,037,963. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $118.63. The firm has a 50-day moving average of $95.68 and a 200-day moving average of $105.09. 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 company has a market capitalization of $199.69 billion, a price-to-earnings ratio of 36.18, a price-to-earnings-growth ratio of 1.80 and a beta of 1.49.

Walt Disney (NYSE:DIS - Get Free Report) last issued its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.21 by $0.24. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. The business had revenue of $23.62 billion during the quarter, compared to analysts' expectations of $23.15 billion. During the same quarter in the prior year, the firm earned $1.21 EPS. The business's revenue for the quarter was up 7.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on DIS. UBS Group lifted their price objective on Walt Disney from $105.00 to $120.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Needham & Company LLC reaffirmed a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a report on Thursday, May 8th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $135.00 price objective on shares of Walt Disney in a report on Monday, February 10th. Wolfe Research raised Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price objective for the company in a report on Monday, April 21st. Finally, Morgan Stanley lifted their price objective on Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Six research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $123.54.

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.