Park National Corp OH Has $5.45 Million Holdings in The Walt Disney Company (NYSE:DIS)

Park National Corp OH lessened its position in The Walt Disney Company (NYSE:DIS) by 23.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 56,611 shares of the entertainment giant’s stock after selling 17,419 shares during the quarter. Park National Corp OH’s holdings in Walt Disney were worth $5,445,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. ESL Trust Services LLC acquired a new stake in shares of Walt Disney in the 1st quarter valued at approximately $31,000. William B. Walkup & Associates Inc. acquired a new position in Walt Disney in the 2nd quarter valued at $32,000. Frank Rimerman Advisors LLC bought a new stake in Walt Disney during the fourth quarter worth about $37,000. Mascoma Wealth Management LLC grew its stake in Walt Disney by 38.0% during 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 in the last quarter. Finally, Beaird Harris Wealth Management LLC increased its holdings in Walt Disney by 30.7% in the 4th quarter. Beaird Harris Wealth Management LLC now owns 498 shares of the entertainment giant’s stock valued at $45,000 after buying an additional 117 shares during the period. Institutional investors own 65.71% of the company’s stock.

Analysts Set New Price Targets

DIS has been the subject of a number of research analyst reports. Seaport Res Ptn raised Walt Disney from a “hold” rating to a “strong-buy” rating in a report on Monday. Barclays dropped their target price on shares of Walt Disney from $130.00 to $105.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. UBS Group decreased their price target on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Macquarie dropped their price objective on shares of Walt Disney from $94.00 to $91.00 and set a “neutral” rating for the company in a research note on Thursday, September 19th. Finally, Bank of America decreased their target price on shares of Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Four research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and a consensus target price of $118.43.

Insider Transactions at Walt Disney

In related news, Director Calvin Mcdonald purchased 11,756 shares of the business’s stock in a transaction on Thursday, August 8th. The shares were bought at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the acquisition, the director now directly owns 22,313 shares in the company, valued at $1,897,943.78. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.10% of the company’s stock.

Walt Disney Stock Performance

Shares of DIS opened at $94.15 on Thursday. The stock has a market cap of $171.64 billion, a P/E ratio of 102.34, a P/E/G ratio of 1.53 and a beta of 1.40. The Walt Disney Company has a one year low of $78.73 and a one year high of $123.74. The stock has a 50-day moving average of $90.59 and a two-hundred day moving average of $100.93. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.66 and a current ratio of 0.72.

Walt Disney (NYSE:DIS) last released its earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.19. Walt Disney had a return on equity of 8.64% and a net margin of 5.30%. The business had revenue of $23.20 billion for the quarter, compared to the consensus estimate of $23.08 billion. During the same quarter last year, the business posted $1.03 earnings per share. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. As a group, research analysts predict that The Walt Disney Company will post 4.92 EPS for the current 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.