CoreFirst Bank & Trust Invests $825,000 in The Walt Disney Company (NYSE:DIS)

CoreFirst Bank & Trust bought a new stake in The Walt Disney Company (NYSE:DIS) in the 4th quarter, Holdings Channel.com reports. The fund bought 7,409 shares of the entertainment giant’s stock, valued at approximately $825,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DIS. Grantvest Financial Group LLC acquired a new position in Walt Disney in the 4th quarter valued at about $443,000. Prudential Financial Inc. boosted its stake in shares of Walt Disney by 40.5% in the fourth quarter. Prudential Financial Inc. now owns 2,257,340 shares of the entertainment giant’s stock valued at $251,355,000 after purchasing an additional 651,004 shares during the period. Twin City Private Wealth LLC grew its holdings in shares of Walt Disney by 18.4% in the fourth quarter. Twin City Private Wealth LLC now owns 10,153 shares of the entertainment giant’s stock valued at $1,135,000 after purchasing an additional 1,578 shares in the last quarter. Clune & Associates LTD. purchased a new stake in Walt Disney during the 4th quarter worth approximately $217,000. Finally, Mountain Hill Investment Partners Corp. purchased a new position in Walt Disney in the 4th quarter valued at approximately $5,059,000. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Stock Performance

Shares of Walt Disney stock opened at $100.24 on Tuesday. The firm’s fifty day simple moving average is $107.89 and its 200-day simple moving average is $104.86. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. The stock has a market capitalization of $181.21 billion, a price-to-earnings ratio of 32.65, a PEG ratio of 1.80 and a beta of 1.41. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. 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

A number of analysts have recently weighed in on the company. Prescient Securities cut their price objective on Walt Disney from $130.00 to $115.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 4th. Needham & Company LLC restated a “buy” rating and set a $130.00 price target on shares of Walt Disney in a report on Wednesday, February 5th. Rosenblatt Securities reiterated a “buy” rating and issued a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. The Goldman Sachs Group upped their target price on shares of Walt Disney from $137.00 to $139.00 and gave the stock a “buy” rating in a research note on Tuesday, February 4th. Finally, Redburn Atlantic upgraded shares of Walt Disney from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $100.00 to $147.00 in a research note on Tuesday, January 7th. Six investment analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $125.64.

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.