AMG National Trust Bank Sells 33,244 Shares of The Walt Disney Company (NYSE:DIS)

AMG National Trust Bank trimmed its position in shares of The Walt Disney Company (NYSE:DIS) by 41.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,684 shares of the entertainment giant’s stock after selling 33,244 shares during the period. AMG National Trust Bank’s holdings in Walt Disney were worth $4,587,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of DIS. William B. Walkup & Associates Inc. purchased a new position in Walt Disney in the second quarter worth about $32,000. Mascoma Wealth Management LLC lifted its position in Walt Disney by 38.0% in the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after buying an additional 122 shares during the last quarter. First PREMIER Bank raised its stake in shares of Walt Disney by 98.1% in the third quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after acquiring an additional 256 shares during the period. Iron Horse Wealth Management LLC boosted its stake in shares of Walt Disney by 148.7% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant’s stock worth $55,000 after purchasing an additional 333 shares during the period. Finally, Livelsberger Financial Advisory purchased a new stake in Walt Disney in the 3rd quarter worth about $57,000. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Price Performance

Shares of NYSE DIS opened at $115.08 on Monday. The Walt Disney Company has a 12 month low of $83.91 and a 12 month high of $123.74. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.66. The firm’s 50 day simple moving average is $95.57 and its 200-day simple moving average is $96.60. The stock has a market capitalization of $208.71 billion, a price-to-earnings ratio of 42.46, a PEG ratio of 1.87 and a beta of 1.40.

Wall Street Analysts Forecast Growth

DIS has been the topic of several recent analyst reports. Loop Capital increased their price target on Walt Disney from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Friday. Bank of America increased their target price on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday. Seaport Res Ptn raised shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 30th. Raymond James reaffirmed a “market perform” rating on shares of Walt Disney in a research note on Tuesday, October 1st. Finally, UBS Group lowered their price objective on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Five analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and a consensus target price of $123.57.

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.