Blue Trust Inc. Boosts Stock Position in The Walt Disney Company $DIS

Blue Trust Inc. lifted its position in The Walt Disney Company (NYSE:DIS) by 21.5% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,348 shares of the entertainment giant’s stock after purchasing an additional 2,364 shares during the quarter. Blue Trust Inc.’s holdings in Walt Disney were worth $1,655,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Physician Wealth Advisors Inc. boosted its holdings in shares of Walt Disney by 3.5% in the 2nd quarter. Physician Wealth Advisors Inc. now owns 2,606 shares of the entertainment giant’s stock worth $323,000 after purchasing an additional 87 shares in the last quarter. Childress Capital Advisors LLC lifted its stake in shares of Walt Disney by 3.3% in the 2nd quarter. Childress Capital Advisors LLC now owns 2,749 shares of the entertainment giant’s stock valued at $341,000 after acquiring an additional 87 shares during the last quarter. Bruce G. Allen Investments LLC lifted its stake in shares of Walt Disney by 9.1% in the 2nd quarter. Bruce G. Allen Investments LLC now owns 1,123 shares of the entertainment giant’s stock valued at $139,000 after acquiring an additional 94 shares during the last quarter. DiNuzzo Private Wealth Inc. lifted its stake in shares of Walt Disney by 82.5% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock valued at $26,000 after acquiring an additional 94 shares during the last quarter. Finally, Clearstead Trust LLC lifted its stake in shares of Walt Disney by 0.6% in the 1st quarter. Clearstead Trust LLC now owns 16,509 shares of the entertainment giant’s stock valued at $1,629,000 after acquiring an additional 99 shares during the last quarter. 65.71% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Trading Down 1.6%

DIS opened at $109.17 on Friday. The business has a 50 day simple moving average of $115.36 and a two-hundred day simple moving average of $110.34. The firm has a market capitalization of $196.27 billion, a price-to-earnings ratio of 17.11, a PEG ratio of 1.46 and a beta of 1.54. 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.

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

Analysts Set New Price Targets

DIS has been the subject of a number of recent research reports. Chardan Capital reissued a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Keefe, Bruyette & Woods reissued a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. Rosenblatt Securities boosted their target price on Walt Disney from $140.00 to $141.00 and gave the company a “buy” rating in a research note on Monday, August 11th. Citigroup boosted their target price on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, July 9th. Finally, Susquehanna reissued a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Nineteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target 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.