Sunflower Bank N.A. Grows Holdings in The Walt Disney Company $DIS

Sunflower Bank N.A. increased its position in shares of The Walt Disney Company (NYSE:DIS) by 15.6% during the 2nd quarter, Holdings Channel reports. The firm owned 2,785 shares of the entertainment giant’s stock after purchasing an additional 375 shares during the quarter. Sunflower Bank N.A.’s holdings in Walt Disney were worth $345,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DIS. Brighton Jones LLC boosted its holdings in Walt Disney by 7.7% during the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after purchasing an additional 1,904 shares during the last quarter. Two Sigma Investments LP boosted its stake 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 acquiring an additional 48,184 shares during the last quarter. Two Sigma Advisers LP purchased a new position in Walt Disney in the fourth quarter valued at about $6,158,000. Vident Advisory LLC boosted its stake 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 acquiring an additional 801 shares during the last quarter. Finally, Woodline Partners LP boosted its stake 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 acquiring an additional 21,628 shares during the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Price Performance

DIS stock opened at $115.98 on Thursday. 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 Walt Disney Company has a one year low of $80.10 and a one year high of $124.69. The stock has a market cap of $208.52 billion, a PE ratio of 18.18, a P/E/G ratio of 1.67 and a beta of 1.55. The firm has a 50 day simple moving average of $117.97 and a two-hundred day simple moving average of $109.10.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The business had revenue of $23.65 billion during the quarter, compared to analysts’ expectations of $23.69 billion. During the same quarter in the previous year, the company earned $1.39 EPS. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. On average, analysts predict that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have weighed in on DIS. Morgan Stanley boosted their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Guggenheim boosted their target price on shares of Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a research note on Friday, June 27th. Susquehanna reiterated a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Loop Capital boosted their target price on shares of Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, June 10th. Finally, Wall Street Zen cut shares of Walt Disney from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 20th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $131.18.

About Walt Disney

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.