Bank of New Hampshire Sells 1,170 Shares of The Walt Disney Company (NYSE:DIS)

Bank of New Hampshire cut its holdings in The Walt Disney Company (NYSE:DIS – Get Rating) by 10.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,839 shares of the entertainment giant’s stock after selling 1,170 shares during the period. Bank of New Hampshire’s holdings in Walt Disney were worth $855,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. TD Capital Management LLC purchased a new stake in Walt Disney in the 3rd quarter worth approximately $29,000. Worth Asset Management LLC purchased a new stake in Walt Disney in the 1st quarter worth approximately $29,000. Coston McIsaac & Partners purchased a new stake in shares of Walt Disney during the 2nd quarter valued at $38,000. IAG Wealth Partners LLC raised its position in shares of Walt Disney by 167.5% during the 3rd quarter. IAG Wealth Partners LLC now owns 412 shares of the entertainment giant’s stock valued at $39,000 after buying an additional 258 shares in the last quarter. Finally, Bell Investment Advisors Inc raised its position in shares of Walt Disney by 86.5% during the 3rd quarter. Bell Investment Advisors Inc now owns 567 shares of the entertainment giant’s stock valued at $54,000 after buying an additional 263 shares in the last quarter. 62.22% of the stock is owned by institutional investors.

Walt Disney Stock Performance

Walt Disney stock opened at $93.20 on Friday. The stock’s 50 day simple moving average is $102.55 and its two-hundred day simple moving average is $99.80. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.93 and a current ratio of 0.99. The stock has a market cap of $170.26 billion, a price-to-earnings ratio of 51.21, a PEG ratio of 2.29 and a beta of 1.30. The Walt Disney Company has a fifty-two week low of $84.07 and a fifty-two week high of $144.46.

Walt Disney (NYSE:DIS – Get Rating) last posted its quarterly earnings data on Wednesday, February 8th. The entertainment giant reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.30. The business had revenue of $23.51 billion for the quarter, compared to analysts’ expectations of $23.29 billion. Walt Disney had a return on equity of 6.72% and a net margin of 3.93%. The business’s revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the firm posted $1.06 EPS. As a group, analysts expect that The Walt Disney Company will post 3.98 earnings per share for the current fiscal year.

Insider Buying and Selling at Walt Disney

In other Walt Disney news, CFO Christine M. Mccarthy sold 42,533 shares of Walt Disney stock in a transaction that occurred on Thursday, January 12th. The stock was sold at an average price of $98.46, for a total transaction of $4,187,799.18. Following the sale, the chief financial officer now directly owns 181,830 shares of the company’s stock, valued at approximately $17,902,981.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CFO Christine M. Mccarthy sold 42,533 shares of the business’s stock in a transaction that occurred on Thursday, January 12th. The stock was sold at an average price of $98.46, for a total value of $4,187,799.18. Following the sale, the chief financial officer now directly owns 181,830 shares of the company’s stock, valued at approximately $17,902,981.80. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Brent Woodford sold 1,139 shares of the business’s stock in a transaction that occurred on Tuesday, January 24th. The stock was sold at an average price of $105.71, for a total value of $120,403.69. Following the completion of the sale, the executive vice president now directly owns 32,047 shares in the company, valued at $3,387,688.37. The disclosure for this sale can be found here. In the last three months, insiders have sold 62,921 shares of company stock valued at $6,209,132. 0.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on DIS shares. KeyCorp raised their price objective on shares of Walt Disney from $119.00 to $130.00 and gave the company an “overweight” rating in a research report on Thursday, February 9th. Truist Financial lowered their price objective on shares of Walt Disney from $125.00 to $120.00 and set a “buy” rating on the stock in a research report on Tuesday, January 17th. StockNews.com started coverage on shares of Walt Disney in a research report on Thursday. They set a “sell” rating on the stock. Bank of America raised their price objective on shares of Walt Disney from $115.00 to $135.00 and gave the company a “buy” rating in a research report on Thursday, February 9th. Finally, Loop Capital increased their target price on shares of Walt Disney from $120.00 to $130.00 and gave the company a “buy” rating in a report on Thursday, February 9th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and twenty have assigned a buy rating to the company’s stock. According to MarketBeat, Walt Disney has a consensus rating of “Moderate Buy” and a consensus target price of $128.92.

About Walt Disney

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The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the company’s global film and episodic television content production and distribution activities.