Pioneer Trust Bank N A OR Has $5.65 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

Pioneer Trust Bank N A OR trimmed its stake in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 3.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 57,204 shares of the entertainment giant's stock after selling 2,106 shares during the quarter. Walt Disney makes up 1.5% of Pioneer Trust Bank N A OR's portfolio, making the stock its 28th biggest position. Pioneer Trust Bank N A OR's holdings in Walt Disney were worth $5,646,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC bought a new position in shares of Walt Disney in the 4th quarter worth about $27,000. Kessler Investment Group LLC lifted its holdings in Walt Disney by 274.0% in the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after acquiring an additional 200 shares during the last quarter. Pilgrim Partners Asia Pte Ltd bought a new position in Walt Disney in the fourth quarter worth about $32,000. Copia Wealth Management acquired a new position in Walt Disney in the fourth quarter valued at approximately $36,000. Finally, Vermillion Wealth Management Inc. bought a new position in shares of Walt Disney during the fourth quarter valued at approximately $39,000. 65.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DIS. Rosenblatt Securities raised their price target on Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a report on Tuesday, June 3rd. Jefferies Financial Group upgraded Walt Disney from a "hold" rating to a "buy" rating and raised their target price for the company from $100.00 to $144.00 in a research note on Monday, June 30th. Needham & Company LLC restated a "buy" rating and set a $125.00 price target on shares of Walt Disney in a research report on Thursday, May 8th. Citigroup lifted their price objective on shares of Walt Disney from $125.00 to $140.00 and gave the company a "buy" rating in a research report on Wednesday, July 9th. Finally, Guggenheim boosted their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a research note on Friday, June 27th. Five equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $127.35.

Insider Activity

In other news, EVP Brent Woodford sold 1,000 shares of the business's stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total transaction of $110,840.00. Following the sale, the executive vice president directly owned 46,831 shares of the company's stock, valued at $5,190,748.04. The trade was a 2.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.16% of the stock is owned by insiders.

Walt Disney Price Performance

NYSE DIS traded up $0.12 on Monday, reaching $119.99. The company's stock had a trading volume of 6,847,963 shares, compared to its average volume of 10,015,652. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.67. The firm's 50 day moving average is $114.90 and its two-hundred day moving average is $106.62. The stock has a market cap of $215.72 billion, a PE ratio of 24.54, a PEG ratio of 1.75 and a beta of 1.56.

Walt Disney (NYSE:DIS - Get Free Report) last released its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 EPS for the quarter, beating the consensus estimate of $1.21 by $0.24. The business had revenue of $23.62 billion during the quarter, compared to analyst estimates of $23.15 billion. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. The business's quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.21 earnings per share. As a group, sell-side analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

About Walt Disney

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.