The Walt Disney Company $DIS Position Trimmed by US Bancorp DE

US Bancorp DE trimmed its holdings in shares of The Walt Disney Company (NYSE:DIS) by 5.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 936,550 shares of the entertainment giant’s stock after selling 54,689 shares during the period. US Bancorp DE owned about 0.05% of Walt Disney worth $116,142,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in Walt Disney during the first quarter worth approximately $26,000. DiNuzzo Private Wealth Inc. boosted its holdings in Walt Disney by 82.5% during the second quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after buying an additional 94 shares in the last quarter. Kessler Investment Group LLC boosted its holdings in Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock worth $27,000 after buying an additional 200 shares in the last quarter. First PREMIER Bank boosted its holdings in Walt Disney by 72.2% during the first quarter. First PREMIER Bank now owns 489 shares of the entertainment giant’s stock worth $48,000 after buying an additional 205 shares in the last quarter. Finally, RMG Wealth Management LLC bought a new stake in Walt Disney during the second quarter worth approximately $49,000. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Performance

Shares of DIS opened at $111.83 on Thursday. The company’s fifty day moving average price is $115.67 and its 200 day moving average price is $110.22. The Walt Disney Company has a one year low of $80.10 and a one 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 company has a market capitalization of $201.06 billion, a PE ratio of 17.53, a price-to-earnings-growth ratio of 1.48 and a beta of 1.54.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company had revenue of $23.65 billion for the quarter, compared to the consensus estimate of $23.69 billion. During the same quarter in the previous year, the firm posted $1.39 EPS. The business’s revenue was up 2.1% compared to the same quarter last year. As a group, analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Rosenblatt Securities raised their price objective on shares of Walt Disney from $140.00 to $141.00 and gave the stock a “buy” rating in a research note on Monday, August 11th. Barclays raised their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 9th. UBS Group raised their price objective on shares of Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a research note on Wednesday, July 16th. Evercore ISI lifted their target price on shares of Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research note on Monday, August 4th. Finally, Susquehanna reaffirmed a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Nineteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Walt Disney has an average rating of “Moderate Buy” and a consensus target price of $131.18.

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.