Zions Bancorporation National Association UT Invests $376,000 in The Walt Disney Company (NYSE:DIS)

Key Points

• Zions Bancorporation National Association UT has invested approximately $376,000 in The Walt Disney Company, acquiring 3,812 shares of its stock in the first quarter.
• Walt Disney stock has experienced a modest decline of 0.4% recently, trading at $112.40 with a market cap of $202.09 billion.
• Walt Disney surpassed earnings expectations with an EPS of $1.61 for the last quarter, exceeding the consensus estimate of $1.45.

Zions Bancorporation National Association UT bought a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,812 shares of the entertainment giant's stock, valued at approximately $376,000.

Other large investors also recently made changes to their positions in the company. Mpwm Advisory Solutions LLC acquired a new stake in Walt Disney during the fourth quarter worth approximately $27,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Walt Disney during the first quarter worth approximately $26,000. Kessler Investment Group LLC grew its position in Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock worth $27,000 after buying an additional 200 shares in the last quarter. Copia Wealth Management acquired a new stake in Walt Disney during the fourth quarter worth approximately $36,000. Finally, Vermillion Wealth Management Inc. acquired a new stake in Walt Disney during the fourth quarter worth approximately $39,000. Institutional investors own 65.71% of the company's stock.

Insider Buying and Selling at Walt Disney

In other news, EVP Brent Woodford sold 1,000 shares of Walt Disney stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $110.84, for a total value of $110,840.00. Following the completion of the transaction, the executive vice president directly owned 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.16% of the company's stock.

Walt Disney Stock Down 0.4%

Shares of NYSE:DIS opened at $112.40 on Monday. The firm has a market cap of $202.09 billion, a P/E ratio of 17.62, a P/E/G ratio of 1.62 and a beta of 1.56. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a 12-month low of $80.10 and a 12-month high of $124.69. The business has a fifty day simple moving average of $119.16 and a 200 day simple moving average of $107.98.

Walt Disney (NYSE:DIS - Get Free Report) last announced its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%. The business had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. During the same period last year, the company earned $1.39 EPS. Walt Disney's revenue for the quarter was up 2.1% compared to the same quarter last year. Analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

DIS has been the topic of a number of research analyst reports. Wolfe Research raised 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. Loop Capital raised their target price on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a report on Tuesday, June 10th. Needham & Company LLC reaffirmed a "buy" rating and issued a $125.00 target price on shares of Walt Disney in a report on Thursday. Wall Street Zen downgraded Walt Disney from a "strong-buy" rating to a "buy" rating in a report on Sunday, July 20th. Finally, Guggenheim raised their target price on Walt Disney from $120.00 to $140.00 and gave the company a "buy" rating in a report on Friday, June 27th. Five investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Walt Disney has an average rating of "Moderate Buy" and a consensus target price of $131.14.

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.

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