Country Club Bank Has $12.79 Million Stake in The Walt Disney Company $DIS

Key Points

• Country Club Bank reduced its stake in The Walt Disney Company by 10.6%, owning 104,557 shares valued at approximately $12.79 million after selling 12,450 shares in the second quarter.
• Walt Disney's stock has seen a 0.3% increase, trading at $112.83 with a 1-year range between $80.10 and $124.69, and a market capitalization of $202.86 billion.
• Recent earnings reported a 2.1% year-over-year revenue growth at $23.65 billion, with earnings per share of $1.61, surpassing the consensus estimate of $1.45.

Country Club Bank decreased its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 10.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 104,557 shares of the entertainment giant's stock after selling 12,450 shares during the period. Country Club Bank's holdings in Walt Disney were worth $12,792,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in DIS. Brighton Jones LLC increased its holdings in shares of Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock valued at $2,980,000 after purchasing an additional 1,904 shares during the period. OLD National Bancorp IN increased its holdings in shares of Walt Disney by 5.7% in the 1st quarter. OLD National Bancorp IN now owns 18,015 shares of the entertainment giant's stock valued at $1,778,000 after purchasing an additional 964 shares during the period. Park Avenue Securities LLC increased its holdings in Walt Disney by 4.4% in the first quarter. Park Avenue Securities LLC now owns 73,299 shares of the entertainment giant's stock worth $7,233,000 after buying an additional 3,073 shares during the last quarter. First Citizens Bank & Trust Co. increased its holdings in Walt Disney by 5.7% in the first quarter. First Citizens Bank & Trust Co. now owns 35,564 shares of the entertainment giant's stock worth $3,510,000 after buying an additional 1,933 shares during the last quarter. Finally, Wesbanco Bank Inc. increased its holdings in Walt Disney by 8.9% in the first quarter. Wesbanco Bank Inc. now owns 52,601 shares of the entertainment giant's stock worth $5,192,000 after buying an additional 4,291 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company's stock.

Walt Disney Stock Up 0.3%

DIS opened at $112.83 on Tuesday. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $202.86 billion, a price-to-earnings ratio of 17.68, a P/E/G ratio of 1.48 and a beta of 1.54. The business has a 50 day moving average of $115.97 and a 200-day moving average of $110.19.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $23.65 billion during the quarter, compared to analysts' expectations of $23.69 billion. During the same period in the prior year, the business earned $1.39 earnings per share. Walt Disney's revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on DIS shares. Keefe, Bruyette & Woods restated a "market perform" rating on shares of Walt Disney in a report on Monday, August 11th. Rosenblatt Securities increased their price objective on Walt Disney from $140.00 to $141.00 and gave the stock a "buy" rating in a report on Monday, August 11th. Guggenheim increased their price objective on Walt Disney from $120.00 to $140.00 and gave the stock a "buy" rating in a report on Friday, June 27th. Needham & Company LLC restated a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a report on Tuesday, September 23rd. Finally, Morgan Stanley upped their target price on Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a research report on Monday, August 4th. Nineteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $131.18.

Walt Disney Company 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.

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