Bank of Hawaii Grows Holdings in The Walt Disney Company (NYSE:DIS)

Bank of Hawaii lifted its position in shares of The Walt Disney Company (NYSE:DIS) by 2.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,915 shares of the entertainment giant’s stock after buying an additional 327 shares during the quarter. Bank of Hawaii’s holdings in Walt Disney were worth $1,242,000 at the end of the most recent quarter.

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

Walt Disney Stock Up 0.8 %

Shares of Walt Disney stock opened at $115.65 on Monday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.73 and a quick ratio of 0.67. The Walt Disney Company has a 1-year low of $83.91 and a 1-year high of $123.74. The business has a 50-day moving average of $98.09 and a 200-day moving average of $96.72. The company has a market capitalization of $209.44 billion, a PE ratio of 42.68, a P/E/G ratio of 2.15 and a beta of 1.40.

Insider Buying and Selling at Walt Disney

In related news, CEO Robert A. Iger sold 372,412 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $114.57, for a total value of $42,667,242.84. Following the sale, the chief executive officer now directly owns 226,767 shares of the company’s stock, valued at $25,980,695.19. This represents a 62.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Brent Woodford sold 5,000 shares of the firm’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total transaction of $568,100.00. Following the transaction, the executive vice president now directly owns 44,055 shares of the company’s stock, valued at approximately $5,005,529.10. This represents a 10.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Bank of America increased their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Evercore ISI lifted their price target on shares of Walt Disney from $128.00 to $134.00 and gave the company an “outperform” rating in a report on Monday, November 18th. 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 note on Thursday, August 8th. Sanford C. Bernstein increased their target price on Walt Disney from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, November 15th. Finally, Seaport Res Ptn raised Walt Disney from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 30th. Five research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $123.83.

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.