AMG National Trust Bank Sells 6,244 Shares of The Walt Disney Company (NYSE:DIS)

AMG National Trust Bank reduced its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 13.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,440 shares of the entertainment giant's stock after selling 6,244 shares during the quarter. AMG National Trust Bank's holdings in Walt Disney were worth $4,599,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Farmers Trust Co. boosted its position in shares of Walt Disney by 1.1% in the 4th quarter. Farmers Trust Co. now owns 8,483 shares of the entertainment giant's stock worth $945,000 after purchasing an additional 92 shares in the last quarter. Pathway Financial Advisors LLC boosted its position in shares of Walt Disney by 2.7% in the 4th quarter. Pathway Financial Advisors LLC now owns 3,471 shares of the entertainment giant's stock worth $386,000 after purchasing an additional 92 shares in the last quarter. Prossimo Advisors LLC boosted its position in shares of Walt Disney by 1.1% in the 4th quarter. Prossimo Advisors LLC now owns 8,732 shares of the entertainment giant's stock worth $972,000 after purchasing an additional 92 shares in the last quarter. Saxon Interests Inc. boosted its position in shares of Walt Disney by 2.8% in the 4th quarter. Saxon Interests Inc. now owns 3,412 shares of the entertainment giant's stock worth $380,000 after purchasing an additional 93 shares in the last quarter. Finally, Onefund LLC raised its holdings in Walt Disney by 2.0% in the 4th quarter. Onefund LLC now owns 4,856 shares of the entertainment giant's stock worth $541,000 after acquiring an additional 93 shares during the last quarter. 65.71% of the stock is owned by institutional investors.

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Insider Activity at Walt Disney

In other Walt Disney news, EVP Brent Woodford sold 8,000 shares of the company's 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 transaction, the executive vice president now directly owns 44,055 shares in the company, valued at $5,054,870.70. This represents a 15.37 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.16% of the stock is currently owned by corporate insiders.

Walt Disney Stock Performance

Shares of NYSE:DIS traded up $0.15 during mid-day trading on Friday, reaching $105.58. 12,714,283 shares of the company traded hands, compared to its average volume of 9,538,860. The company's 50 day moving average price is $110.30 and its 200-day moving average price is $104.16. The firm has a market cap of $190.87 billion, a PE ratio of 34.39, 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. The Walt Disney Company has a 52 week low of $83.91 and a 52 week high of $123.74.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.44 by $0.32. Walt Disney had a return on equity of 9.95% and a net margin of 6.07%. On average, equities analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DIS. Jefferies Financial Group began coverage on shares of Walt Disney in a report on Wednesday, December 4th. They issued a "hold" rating and a $120.00 price objective for the company. Macquarie restated a "neutral" rating and issued a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Needham & Company LLC restated a "buy" rating and issued a $130.00 price objective on shares of Walt Disney in a report on Wednesday, February 5th. Wells Fargo & Company boosted their price objective on shares of Walt Disney from $116.00 to $138.00 and gave the stock an "overweight" rating in a report on Friday, November 15th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Walt Disney from $115.00 to $131.00 and gave the stock a "buy" rating in a report on Friday, November 15th. Six analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, Walt Disney has an average rating of "Moderate Buy" and a consensus price target of $125.64.

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.