Whittier Trust Co. of Nevada Inc. Purchases 1,703 Shares of The Walt Disney Company $DIS

Whittier Trust Co. of Nevada Inc. raised its position in shares of The Walt Disney Company (NYSE:DIS) by 1.0% in the second quarter, Holdings Channel reports. The fund owned 174,846 shares of the entertainment giant’s stock after buying an additional 1,703 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Walt Disney were worth $21,682,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Walt Disney by 7.7% in the 4th quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after acquiring an additional 1,904 shares during the period. GAMMA Investing LLC increased its position in shares of Walt Disney by 8.1% during the first quarter. GAMMA Investing LLC now owns 24,830 shares of the entertainment giant’s stock valued at $2,451,000 after purchasing an additional 1,856 shares during the period. Advisor Resource Council bought a new stake in shares of Walt Disney during the first quarter valued at approximately $434,000. Childress Capital Advisors LLC increased its position in shares of Walt Disney by 24.8% during the first quarter. Childress Capital Advisors LLC now owns 2,662 shares of the entertainment giant’s stock valued at $263,000 after purchasing an additional 529 shares during the period. Finally, Ridgecrest Wealth Partners LLC increased its position in shares of Walt Disney by 4.2% during the first quarter. Ridgecrest Wealth Partners LLC now owns 7,938 shares of the entertainment giant’s stock valued at $784,000 after purchasing an additional 319 shares during the period. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Stock Up 1.2%

Shares of DIS opened at $112.01 on Tuesday. The stock has a market cap of $201.39 billion, a price-to-earnings ratio of 17.56, a P/E/G ratio of 1.45 and a beta of 1.54. 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 12 month low of $80.10 and a 12 month high of $124.69. The company has a 50-day moving average price of $114.85 and a two-hundred day moving average price of $111.19.

Walt Disney (NYSE:DIS) last posted its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (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 company 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 posted $1.39 earnings per share. Walt Disney’s quarterly revenue was up 2.1% compared to the same quarter last year. Equities 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 analysts have recently issued reports on the company. Needham & Company LLC restated a “buy” rating and set a $125.00 price objective on shares of Walt Disney in a research report on Tuesday, September 23rd. JPMorgan Chase & Co. boosted their price objective on Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a research report on Tuesday, July 29th. Stephens restated a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Citigroup raised their price target on shares of Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, July 9th. Finally, Barclays raised their price target 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. Nineteen investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $132.90.

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.