Stock Yards Bank & Trust Co. Has $11.91 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

Stock Yards Bank & Trust Co. lowered its position in The Walt Disney Company (NYSE:DIS - Free Report) by 6.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 120,646 shares of the entertainment giant's stock after selling 8,569 shares during the period. Stock Yards Bank & Trust Co.'s holdings in Walt Disney were worth $11,908,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in DIS. Brighton Jones LLC increased its position 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 buying an additional 1,904 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its stake in Walt Disney by 89.3% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 6,342 shares of the entertainment giant's stock worth $706,000 after purchasing an additional 2,992 shares during the period. Life Planning Partners Inc acquired a new position in Walt Disney in the 4th quarter worth $2,542,000. Catalyst Financial Partners LLC boosted its stake in Walt Disney by 13.3% in the 4th quarter. Catalyst Financial Partners LLC now owns 5,708 shares of the entertainment giant's stock worth $636,000 after purchasing an additional 669 shares during the period. Finally, Bogart Wealth LLC boosted its stake in Walt Disney by 20.8% in the 4th quarter. Bogart Wealth LLC now owns 2,896 shares of the entertainment giant's stock worth $323,000 after purchasing an additional 498 shares during the period. Institutional investors own 65.71% of the company's stock.

Wall Street Analyst Weigh In

DIS has been the subject of a number of recent research reports. UBS Group increased their price objective 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. Loop Capital increased their price target on shares of Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research report on Tuesday. Rosenblatt Securities raised their target price on shares of Walt Disney from $135.00 to $140.00 and gave the company a "buy" rating in a research report on Tuesday, June 3rd. Guggenheim cut their price target on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a report 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 target price for the company in a research note on Monday, April 21st. Six equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Walt Disney presently has a consensus rating of "Moderate Buy" and a consensus target price of $123.96.

Insider Activity

In other Walt Disney news, EVP Brent Woodford sold 1,000 shares of the firm's stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the sale, the executive vice president now owns 46,831 shares of the company's stock, valued at approximately $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 can be accessed through the SEC website. 0.16% of the stock is owned by company insiders.

Walt Disney Trading Down 0.6%

Shares of NYSE:DIS traded down $0.76 during midday trading on Friday, hitting $117.85. The company had a trading volume of 13,143,189 shares, compared to its average volume of 10,082,003. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $120.50. 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 cap of $211.86 billion, a price-to-earnings ratio of 38.39, a PEG ratio of 1.80 and a beta of 1.54. The firm has a fifty day simple moving average of $101.58 and a 200 day simple moving average of $105.92.

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

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.