Bank of Marin Has $1.09 Million Stock Holdings in The Walt Disney Company (NYSE:DIS)

Bank of Marin trimmed its holdings in The Walt Disney Company (NYSE:DISGet Rating) by 8.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,957 shares of the entertainment giant’s stock after selling 735 shares during the period. Bank of Marin’s holdings in Walt Disney were worth $1,091,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DIS. Sandy Cove Advisors LLC acquired a new position in Walt Disney during the fourth quarter valued at approximately $27,000. Roble Belko & Company Inc raised its stake in Walt Disney by 96.2% during the first quarter. Roble Belko & Company Inc now owns 206 shares of the entertainment giant’s stock worth $28,000 after buying an additional 101 shares during the last quarter. Rational Advisors LLC boosted its position in shares of Walt Disney by 74.1% during the 1st quarter. Rational Advisors LLC now owns 242 shares of the entertainment giant’s stock valued at $33,000 after purchasing an additional 103 shares in the last quarter. MBM Wealth Consultants LLC lifted its position in shares of Walt Disney by 94.7% during the 4th quarter. MBM Wealth Consultants LLC now owns 220 shares of the entertainment giant’s stock valued at $34,000 after acquiring an additional 107 shares during the period. Finally, Advanced Research Investment Solutions LLC raised its position in Walt Disney by 46.0% in the 4th quarter. Advanced Research Investment Solutions LLC now owns 238 shares of the entertainment giant’s stock valued at $36,000 after buying an additional 75 shares during the last quarter. 64.17% of the stock is owned by institutional investors and hedge funds.

Walt Disney Trading Up 2.7 %

Shares of Walt Disney stock traded up $3.28 during trading on Monday, hitting $124.85. 1,007,610 shares of the company were exchanged, compared to its average volume of 12,652,239. The Walt Disney Company has a 1-year low of $90.23 and a 1-year high of $187.58. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.02 and a quick ratio of 0.97. The firm has a market capitalization of $227.31 billion, a P/E ratio of 70.68, a price-to-earnings-growth ratio of 1.54 and a beta of 1.25. The firm’s fifty day moving average price is $100.56 and its 200 day moving average price is $119.48.

Walt Disney (NYSE:DISGet Rating) last issued its earnings results on Wednesday, August 10th. The entertainment giant reported $1.09 EPS for the quarter, beating the consensus estimate of $0.99 by $0.10. The company had revenue of $21.50 billion during the quarter, compared to analysts’ expectations of $21.01 billion. Walt Disney had a net margin of 3.87% and a return on equity of 7.20%. The business’s revenue for the quarter was up 26.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.80 EPS. As a group, sell-side analysts expect that The Walt Disney Company will post 3.97 earnings per share for the current fiscal year.

Insider Transactions at Walt Disney

In related news, EVP Brent Woodford sold 3,000 shares of the business’s stock in a transaction that occurred on Friday, August 12th. The stock was sold at an average price of $119.03, for a total value of $357,090.00. Following the completion of the sale, the executive vice president now owns 28,624 shares in the company, valued at approximately $3,407,114.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

DIS has been the topic of a number of recent research reports. Wolfe Research dropped their price target on shares of Walt Disney from $211.00 to $128.00 and set an “outperform” rating on the stock in a research note on Thursday, June 2nd. StockNews.com raised shares of Walt Disney from a “sell” rating to a “hold” rating in a research report on Thursday. Morgan Stanley decreased their price objective on Walt Disney from $170.00 to $125.00 and set an “overweight” rating for the company in a report on Thursday, June 30th. KGI Securities started coverage on shares of Walt Disney in a research note on Monday, May 23rd. They set an “outperform” rating and a $145.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Walt Disney from $191.00 to $130.00 in a research note on Monday, June 6th. Five investment analysts have rated the stock with a hold rating and twenty have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $151.48.

Walt Disney Company Profile

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The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. It operates through two segments, Disney Media and Entertainment Distribution; and Disney Parks, Experiences and Products. The company engages in the film and episodic television content production and distribution activities, as well as operates television broadcast networks under the ABC, Disney, ESPN, Freeform, FX, Fox, National Geographic, and Star brands; and studios that produces motion pictures under the Walt Disney Pictures, Twentieth Century Studios, Marvel, Lucasfilm, Pixar, and Searchlight Pictures banners.

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Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)

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