1,981 Shares in The Walt Disney Company $DIS Acquired by St. Louis Trust Co

by · The Markets Daily

St. Louis Trust Co bought a new position in The Walt Disney Company (NYSE:DISFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,981 shares of the entertainment giant’s stock, valued at approximately $246,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Physician Wealth Advisors Inc. lifted its stake in Walt Disney by 3.5% in the second quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock worth $323,000 after acquiring an additional 87 shares during the period. Childress Capital Advisors LLC lifted its stake in Walt Disney by 3.3% in the second quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock worth $341,000 after acquiring an additional 87 shares during the period. Apollon Financial LLC lifted its stake in Walt Disney by 1.5% in the second quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock worth $755,000 after acquiring an additional 87 shares during the period. Bruce G. Allen Investments LLC lifted its stake in Walt Disney by 9.1% in the second quarter. Bruce G. Allen Investments LLC now owns 1,123 shares of the entertainment giant’s stock worth $139,000 after acquiring an additional 94 shares during the period. Finally, DiNuzzo Private Wealth Inc. lifted its stake in Walt Disney by 82.5% in the second quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after acquiring an additional 94 shares during the period. Hedge funds and other institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

Shares of NYSE:DIS opened at $109.17 on Monday. 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. The business has a fifty day moving average price of $115.36 and a 200-day moving average price of $110.48. The company has a market capitalization of $196.27 billion, a PE ratio of 17.11, a PEG ratio of 1.43 and a beta of 1.54.

Walt Disney (NYSE:DISGet Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The firm had revenue of $23.65 billion during the quarter, compared to the consensus estimate of $23.69 billion. During the same period last year, the company earned $1.39 earnings per share. The company’s revenue was up 2.1% on a year-over-year basis. As a group, equities analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Wall Street Zen downgraded Walt Disney from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Rosenblatt Securities increased their price objective on Walt Disney from $140.00 to $141.00 and gave the stock a “buy” rating in a report on Monday, August 11th. Morgan Stanley increased their price objective on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a report on Monday, August 4th. Evercore ISI increased their price objective on Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, August 4th. Finally, Stephens reiterated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Nineteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $131.18.

Check Out Our Latest Report on DIS

About Walt Disney

(Free Report)

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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