Heartland Bank & Trust Co Makes New Investment in The Walt Disney Company $DIS

Heartland Bank & Trust Co bought a new position in shares of The Walt Disney Company (NYSE:DIS) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 6,340 shares of the entertainment giant’s stock, valued at approximately $726,000.

Several other large investors have also modified their holdings of the business. Varma Mutual Pension Insurance Co grew its stake in Walt Disney by 8.8% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 284,894 shares of the entertainment giant’s stock worth $32,620,000 after purchasing an additional 23,100 shares in the last quarter. Sterling Investment Counsel LLC boosted its stake in shares of Walt Disney by 130.5% in the 3rd quarter. Sterling Investment Counsel LLC now owns 13,590 shares of the entertainment giant’s stock valued at $1,556,000 after buying an additional 7,695 shares during the period. SVB Wealth LLC acquired a new position in shares of Walt Disney during the second quarter worth about $1,352,000. Baron Silver Stevens Financial Advisors LLC increased its stake in shares of Walt Disney by 244.6% during the third quarter. Baron Silver Stevens Financial Advisors LLC now owns 10,365 shares of the entertainment giant’s stock worth $1,187,000 after buying an additional 7,357 shares during the period. Finally, Teacher Retirement System of Texas increased its stake in shares of Walt Disney by 4.9% during the second quarter. Teacher Retirement System of Texas now owns 515,072 shares of the entertainment giant’s stock worth $63,874,000 after buying an additional 24,038 shares during the period. Institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

DIS has been the subject of several analyst reports. Jefferies Financial Group lowered their price target on shares of Walt Disney from $136.00 to $132.00 and set a “buy” rating for the company in a report on Tuesday, February 3rd. UBS Group reiterated a “mixed” rating on shares of Walt Disney in a research note on Monday, February 2nd. Needham & Company LLC reissued a “buy” rating and issued a $125.00 target price on shares of Walt Disney in a report on Monday, February 2nd. KeyCorp restated a “sector weight” rating on shares of Walt Disney in a research note on Friday, November 14th. Finally, Phillip Securities raised Walt Disney to a “moderate buy” rating in a research report on Monday, January 12th. Seventeen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $135.80.

Walt Disney Stock Performance

NYSE DIS opened at $105.51 on Friday. The company has a fifty day moving average of $110.72 and a two-hundred day moving average of $111.73. The company has a market capitalization of $186.92 billion, a PE ratio of 15.52, a P/E/G ratio of 1.44 and a beta of 1.43. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.67 and a quick ratio of 0.61.

Walt Disney (NYSE:DIS) last posted its earnings results on Monday, February 2nd. The entertainment giant reported $1.63 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.06. The business had revenue of $25.98 billion for the quarter, compared to analysts’ expectations of $25.54 billion. Walt Disney had a return on equity of 8.90% and a net margin of 12.80%.The business’s revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.40 earnings per share. As a group, analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

About Walt Disney

The Walt Disney Company (NYSE: DIS), commonly known as Disney, is a diversified global entertainment and media conglomerate headquartered in Burbank, California. Founded in 1923 by Walt and Roy O. Disney, the company grew from an animation studio into a multi‑national entertainment enterprise known for iconic intellectual property and family‑oriented storytelling. Disney’s operations span film and television production, streaming services, theme parks and resorts, consumer products, and live entertainment.

On the content side, Disney produces and distributes feature films and television programming through a portfolio of studios and labels that includes Walt Disney Pictures, Pixar, Marvel Studios, Lucasfilm and 20th Century Studios, along with broadcast and cable networks such as ABC, FX and National Geographic.