Sunflower Bank N.A. Acquires 375 Shares of The Walt Disney Company $DIS
by Scott Moore · The Cerbat GemSunflower Bank N.A. increased its position in shares of The Walt Disney Company (NYSE:DIS – Free Report) by 15.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,785 shares of the entertainment giant’s stock after acquiring an additional 375 shares during the period. Sunflower Bank N.A.’s holdings in Walt Disney were worth $345,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also made changes to their positions in DIS. Brighton Jones LLC boosted its position in shares of Walt Disney by 7.7% during the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after acquiring an additional 1,904 shares in the last quarter. Two Sigma Investments LP boosted its position in Walt Disney by 158.5% in the fourth quarter. Two Sigma Investments LP now owns 78,587 shares of the entertainment giant’s stock valued at $8,751,000 after buying an additional 48,184 shares in the last quarter. Two Sigma Advisers LP acquired a new stake in Walt Disney in the fourth quarter valued at approximately $6,158,000. Vident Advisory LLC boosted its position in Walt Disney by 9.5% in the fourth quarter. Vident Advisory LLC now owns 9,263 shares of the entertainment giant’s stock valued at $1,032,000 after buying an additional 801 shares in the last quarter. Finally, Woodline Partners LP boosted its position in Walt Disney by 7.3% in the fourth quarter. Woodline Partners LP now owns 319,066 shares of the entertainment giant’s stock valued at $35,528,000 after buying an additional 21,628 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have weighed in on DIS. Loop Capital raised their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Tuesday, June 10th. Morgan Stanley raised their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Monday, August 4th. JPMorgan Chase & Co. lifted their price target on shares of Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a report on Tuesday, July 29th. Jefferies Financial Group lowered shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. Finally, Raymond James Financial reiterated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, Walt Disney currently has a consensus rating of “Moderate Buy” and a consensus target price of $131.18.
Get Our Latest Stock Analysis on DIS
Walt Disney Stock Up 0.7%
Shares of NYSE DIS opened at $115.98 on Thursday. The stock has a market capitalization of $208.52 billion, a P/E ratio of 18.18, a P/E/G ratio of 1.67 and a beta of 1.55. The company has a 50-day moving average price of $117.97 and a 200-day moving average price of $109.10. 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 0.32, a current ratio of 0.72 and a quick ratio of 0.66.
Walt Disney (NYSE:DIS – Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.45 by $0.16. The firm had revenue of $23.65 billion during the quarter, compared to analysts’ expectations of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The business’s revenue was up 2.1% on a year-over-year basis. During the same period last year, the company earned $1.39 earnings per share. On average, equities research analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal year.
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.
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