Missouri Trust & Investment Co Buys 310 Shares of The Walt Disney Company $DIS

Missouri Trust & Investment Co increased its stake in shares of The Walt Disney Company (NYSE:DIS) by 2.2% in the second quarter, Holdings Channel.com reports. The firm owned 14,550 shares of the entertainment giant’s stock after buying an additional 310 shares during the quarter. Missouri Trust & Investment Co’s holdings in Walt Disney were worth $1,804,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Regatta Capital Group LLC grew its stake in shares of Walt Disney by 2.5% during the second quarter. Regatta Capital Group LLC now owns 34,340 shares of the entertainment giant’s stock worth $4,258,000 after buying an additional 851 shares during the last quarter. Signet Financial Management LLC boosted its holdings in shares of Walt Disney by 7.0% during the 2nd quarter. Signet Financial Management LLC now owns 3,116 shares of the entertainment giant’s stock valued at $386,000 after acquiring an additional 203 shares in the last quarter. Retireful LLC bought a new stake in Walt Disney during the 2nd quarter worth $292,000. TD Private Client Wealth LLC increased its holdings in Walt Disney by 11.1% in the 2nd quarter. TD Private Client Wealth LLC now owns 31,376 shares of the entertainment giant’s stock worth $3,891,000 after purchasing an additional 3,124 shares in the last quarter. Finally, Foster Victor Wealth Advisors LLC bought a new position in Walt Disney in the second quarter valued at about $230,000. Institutional investors and hedge funds own 65.71% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on DIS. Citigroup boosted their price target on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Wednesday, July 9th. Rosenblatt Securities boosted their target price on shares of Walt Disney from $140.00 to $141.00 and gave the stock a “buy” rating in a report on Monday, August 11th. Jefferies Financial Group downgraded shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Evercore ISI boosted their price objective on shares of Walt Disney from $134.00 to $140.00 and gave the stock an “outperform” rating in a research note on Monday, August 4th. Finally, Barclays increased their price objective on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Walt Disney has an average rating of “Moderate Buy” and a consensus target price of $131.18.

Walt Disney Price Performance

Shares of NYSE DIS opened at $113.49 on Thursday. The company has a market capitalization of $204.05 billion, a PE ratio of 17.79, a P/E/G ratio of 1.62 and a beta of 1.55. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The Walt Disney Company has a twelve month low of $80.10 and a twelve month high of $124.69. The firm has a fifty day simple moving average of $117.30 and a 200 day simple moving average of $109.27.

Walt Disney (NYSE:DIS) last issued 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. 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 for the quarter, compared to analysts’ expectations of $23.69 billion. During the same quarter in the prior year, the firm posted $1.39 earnings per share. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. On average, sell-side analysts forecast that The Walt Disney Company will post 5.47 EPS for the current year.

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.