Mitchell Mcleod Pugh & Williams Inc. Has $1.89 Million Stock Position in The Walt Disney Company $DIS

Mitchell Mcleod Pugh & Williams Inc. grew its position in shares of The Walt Disney Company (NYSE:DIS) by 1.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,245 shares of the entertainment giant’s stock after acquiring an additional 162 shares during the quarter. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Walt Disney were worth $1,890,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of DIS. MJT & Associates Financial Advisory Group Inc. acquired a new position in Walt Disney during the 1st quarter worth approximately $26,000. DiNuzzo Private Wealth Inc. raised its stake in shares of Walt Disney by 82.5% during the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after purchasing an additional 94 shares in the last quarter. Kessler Investment Group LLC raised its stake in shares of Walt Disney by 274.0% during the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock worth $27,000 after purchasing an additional 200 shares in the last quarter. First PREMIER Bank raised its stake in shares of Walt Disney by 72.2% during the 1st quarter. First PREMIER Bank now owns 489 shares of the entertainment giant’s stock worth $48,000 after purchasing an additional 205 shares in the last quarter. Finally, RMG Wealth Management LLC bought a new stake in shares of Walt Disney during the 2nd quarter worth approximately $49,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Up 0.8%

DIS opened at $111.12 on Wednesday. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The stock’s fifty day simple moving average is $115.03 and its 200 day simple moving average is $110.57. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The stock has a market cap of $199.79 billion, a PE ratio of 17.42, a price-to-earnings-growth ratio of 1.45 and a beta of 1.54.

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

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on DIS shares. JPMorgan Chase & Co. upped their price objective on Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 29th. Morgan Stanley upped their price objective on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Monday, August 4th. Guggenheim upped their price objective on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, June 27th. Keefe, Bruyette & Woods reiterated a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Walt Disney in a research note on Wednesday, October 8th. Nineteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $131.18.

Walt Disney 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.