Trust Co. of Vermont Has $4.71 Million Position in The Walt Disney Company (NYSE:DIS)

Trust Co. of Vermont lowered its position in shares of The Walt Disney Company (NYSE:DIS - Free Report) by 12.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 47,674 shares of the entertainment giant's stock after selling 6,943 shares during the quarter. Trust Co. of Vermont's holdings in Walt Disney were worth $4,705,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in DIS. Mpwm Advisory Solutions LLC acquired a new position in Walt Disney during the 4th quarter valued at about $27,000. Tacita Capital Inc raised its stake in shares of Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock worth $29,000 after buying an additional 124 shares during the last quarter. Pilgrim Partners Asia Pte Ltd acquired a new position in Walt Disney in the fourth quarter valued at approximately $32,000. Copia Wealth Management bought a new position in Walt Disney in the fourth quarter valued at approximately $36,000. Finally, Vision Financial Markets LLC bought a new position in Walt Disney in the fourth quarter valued at approximately $39,000. Institutional investors and hedge funds own 65.71% of the company's stock.

Insider Transactions at Walt Disney

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 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 trade represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.16% of the stock is currently owned by corporate insiders.

Walt Disney Stock Performance

Shares of DIS opened at $121.64 on Friday. The company has a market cap of $218.69 billion, a PE ratio of 24.88, a price-to-earnings-growth ratio of 1.75 and a beta of 1.54. The firm has a 50-day moving average of $107.50 and a 200-day moving average of $105.97. The Walt Disney Company has a one year low of $80.10 and a one year high of $121.83. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.67 and a quick ratio of 0.61.

Walt Disney (NYSE:DIS - Get Free Report) last issued its earnings results on Wednesday, May 7th. The entertainment giant reported $1.45 earnings per share (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 the consensus estimate of $23.15 billion. Walt Disney had a net margin of 9.47% and a return on equity of 9.99%. Walt Disney's revenue was up 7.0% on a year-over-year basis. During the same period last year, the business posted $1.21 EPS. As a group, equities analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current year.

Wall Street Analysts Forecast Growth

DIS has been the topic of a number of analyst reports. Morgan Stanley increased their price target on Walt Disney from $110.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Barclays increased their target price on Walt Disney from $115.00 to $120.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Rosenblatt Securities boosted their target price on Walt Disney from $135.00 to $140.00 and gave the stock a "buy" rating in a research report on Tuesday, June 3rd. Guggenheim reduced their price objective on shares of Walt Disney from $130.00 to $120.00 and set a "buy" rating on the stock in a research note on Thursday, May 8th. Finally, 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. Six analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Walt Disney currently has a consensus rating of "Moderate Buy" and an average price target of $123.96.

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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