MidWestOne Financial Group Inc. Has $857,000 Stake in The Walt Disney Company (NYSE:DIS)

MidWestOne Financial Group Inc. cut its holdings in The Walt Disney Company (NYSE:DIS - Free Report) by 39.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,697 shares of the entertainment giant's stock after selling 5,006 shares during the period. MidWestOne Financial Group Inc.'s holdings in Walt Disney were worth $857,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in Walt Disney by 77.2% during the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 538,918 shares of the entertainment giant's stock worth $60,009,000 after buying an additional 234,728 shares during the last quarter. Financial Avengers Inc. increased its holdings in Walt Disney by 3.1% during the fourth quarter. Financial Avengers Inc. now owns 51,221 shares of the entertainment giant's stock worth $5,703,000 after buying an additional 1,556 shares during the last quarter. Focus Partners Advisor Solutions LLC increased its holdings in Walt Disney by 39.1% during the fourth quarter. Focus Partners Advisor Solutions LLC now owns 42,815 shares of the entertainment giant's stock worth $4,767,000 after buying an additional 12,024 shares during the last quarter. Kolinsky Wealth Management LLC acquired a new position in Walt Disney during the fourth quarter worth $235,000. Finally, Continuum Advisory LLC increased its holdings in Walt Disney by 2.5% during the fourth quarter. Continuum Advisory LLC now owns 18,013 shares of the entertainment giant's stock worth $2,006,000 after buying an additional 444 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Brent Woodford sold 1,000 shares of the company's 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 sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.16% of the stock is currently owned by company insiders.

Walt Disney Stock Performance

Shares of Walt Disney stock traded down $1.40 during trading on Friday, reaching $109.73. The company's stock had a trading volume of 8,084,016 shares, compared to its average volume of 10,028,334. The business's 50-day moving average price is $95.89 and its 200-day moving average price is $105.19. The firm has a market cap of $197.27 billion, a PE ratio of 35.74, a P/E/G ratio of 1.80 and a beta of 1.49. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $118.63. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on DIS. Barclays boosted their target price on shares of Walt Disney from $115.00 to $120.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Wolfe Research upgraded shares of Walt Disney from a "peer perform" rating to an "outperform" rating and set a $112.00 target price on the stock in a report on Monday, April 21st. The Goldman Sachs Group boosted their target price on shares of Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a report on Tuesday, February 4th. Prescient Securities lowered their target price on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a report on Tuesday, February 4th. Finally, UBS Group lifted their price objective on shares of Walt Disney from $105.00 to $120.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Six analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Walt Disney presently has an average rating of "Moderate Buy" and a consensus target price of $123.54.

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.