First Financial Bank Trust Division Has $7.27 Million Position in The Walt Disney Company (NYSE:DIS)

First Financial Bank Trust Division decreased its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 3.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 73,646 shares of the entertainment giant's stock after selling 2,315 shares during the period. First Financial Bank Trust Division's holdings in Walt Disney were worth $7,269,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of DIS. Brighton Jones LLC grew its stake in shares of Walt Disney by 7.7% during the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant's stock worth $2,980,000 after purchasing an additional 1,904 shares during the period. Pacer Advisors Inc. grew its stake in Walt Disney by 6.9% in the 4th quarter. Pacer Advisors Inc. now owns 143,851 shares of the entertainment giant's stock valued at $16,018,000 after acquiring an additional 9,322 shares during the last quarter. Falcon Wealth Planning grew its stake in Walt Disney by 16.3% in the 4th quarter. Falcon Wealth Planning now owns 3,671 shares of the entertainment giant's stock valued at $409,000 after acquiring an additional 515 shares during the last quarter. BSW Wealth Partners grew its stake in Walt Disney by 8.5% in the 4th quarter. BSW Wealth Partners now owns 14,824 shares of the entertainment giant's stock valued at $1,651,000 after acquiring an additional 1,167 shares during the last quarter. Finally, Orca Wealth Management LLC acquired a new stake in Walt Disney in the 4th quarter valued at about $460,000. Institutional investors and hedge funds own 65.71% of the company's stock.

Insider Transactions at Walt Disney

In related news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of $110.84, for a total transaction of $110,840.00. Following the completion of the transaction, the executive vice president now directly owns 46,831 shares of the company's stock, valued at $5,190,748.04. This trade represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.16% of the stock is owned by insiders.

Walt Disney Trading Up 0.9%

Shares of NYSE:DIS traded up $1.03 during mid-day trading on Friday, hitting $113.05. The stock had a trading volume of 12,878,557 shares, compared to its average volume of 10,048,260. The company has a market cap of $203.24 billion, a PE ratio of 36.82, a P/E/G ratio of 1.80 and a beta of 1.49. 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 company's 50 day moving average is $97.05 and its 200-day moving average is $105.68. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $118.63.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, topping the consensus estimate of $1.21 by $0.24. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. The company had revenue of $23.62 billion for the quarter, compared to analyst estimates of $23.15 billion. During the same quarter in the prior year, the business posted $1.21 EPS. Walt Disney's quarterly revenue was up 7.0% on a year-over-year basis. On average, sell-side analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on DIS shares. Needham & Company LLC reissued a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a research note on Thursday, May 8th. Rosenblatt Securities reissued a "buy" rating and issued a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. Loop Capital raised their price target on shares of Walt Disney from $120.00 to $125.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. UBS Group raised their price target on shares of Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research note on Thursday, May 8th. Finally, Wolfe Research raised shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 price target on the stock in a research note on Monday, April 21st. Six investment 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. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus 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.