First Business Financial Services Inc. Has $2.20 Million Position in The Walt Disney Company (NYSE:DIS)

First Business Financial Services Inc. lessened its position in The Walt Disney Company (NYSE:DIS) by 0.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 19,791 shares of the entertainment giant’s stock after selling 167 shares during the quarter. First Business Financial Services Inc.’s holdings in Walt Disney were worth $2,204,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. FPC Investment Advisory Inc. acquired a new position in Walt Disney in the 4th quarter worth about $28,000. Tacita Capital Inc increased its holdings in Walt Disney by 93.2% in the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant’s stock worth $29,000 after purchasing an additional 124 shares in the last quarter. Midwest Capital Advisors LLC acquired a new position in Walt Disney in the 4th quarter worth about $34,000. Bay Harbor Wealth Management LLC acquired a new position in Walt Disney in the 4th quarter worth about $35,000. Finally, Vision Financial Markets LLC acquired a new position in Walt Disney in the 4th quarter worth about $39,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Macquarie reiterated a “neutral” rating and issued a $110.00 price target on shares of Walt Disney in a research report on Monday, January 6th. Sanford C. Bernstein upped their price target on Walt Disney from $115.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday, November 15th. Jefferies Financial Group assumed coverage on Walt Disney in a research report on Wednesday, December 4th. They issued a “hold” rating and a $120.00 price target on the stock. Bank of America upped their price target on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Finally, Loop Capital upped their price target on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday. Six investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $125.64.

Insiders Place Their Bets

In other news, EVP Brent Woodford sold 8,000 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $114.74, for a total value of $917,920.00. Following the completion of the sale, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at $5,054,870.70. This represents a 15.37 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.16% of the company’s stock.

Walt Disney Stock Up 0.3 %

Shares of NYSE:DIS opened at $109.29 on Thursday. The business’s 50 day simple moving average is $110.56 and its two-hundred day simple moving average is $103.94. The firm has a market cap of $197.58 billion, a P/E ratio of 35.60, a PEG ratio of 1.80 and a beta of 1.41. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The Walt Disney Company has a 52-week low of $83.91 and a 52-week high of $123.74.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. As a group, research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

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.