The Walt Disney Company (NYSE:DIS) Stock Position Increased by St. Louis Financial Planners Asset Management LLC

St. Louis Financial Planners Asset Management LLC grew its position in The Walt Disney Company (NYSE:DIS) by 14.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 21,300 shares of the entertainment giant’s stock after purchasing an additional 2,674 shares during the period. Walt Disney makes up approximately 1.6% of St. Louis Financial Planners Asset Management LLC’s holdings, making the stock its 23rd biggest position. St. Louis Financial Planners Asset Management LLC’s holdings in Walt Disney were worth $2,027,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. ESL Trust Services LLC acquired a new stake in Walt Disney in the first quarter worth about $31,000. William B. Walkup & Associates Inc. acquired a new stake in shares of Walt Disney in the 2nd quarter worth approximately $32,000. Red Tortoise LLC boosted its holdings in shares of Walt Disney by 141.4% in the first quarter. Red Tortoise LLC now owns 367 shares of the entertainment giant’s stock valued at $45,000 after acquiring an additional 215 shares in the last quarter. O Brien Wealth Partners LLC acquired a new position in shares of Walt Disney during the first quarter valued at approximately $51,000. Finally, Mascoma Wealth Management LLC raised its holdings in Walt Disney by 38.0% during the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock worth $44,000 after purchasing an additional 122 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Wall Street Analyst Weigh In

DIS has been the topic of several research analyst reports. Macquarie lowered their price target on Walt Disney from $94.00 to $91.00 and set a “neutral” rating on the stock in a research report on Thursday, September 19th. UBS Group lowered their target price on Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a report on Thursday, August 8th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Walt Disney from $130.00 to $115.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Bank of America lowered their price objective on shares of Walt Disney from $145.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Finally, Morgan Stanley cut their target price on shares of Walt Disney from $130.00 to $110.00 and set an “overweight” rating for the company in a research note on Monday, August 5th. Four equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $119.20.

Walt Disney Trading Up 0.1 %

NYSE:DIS opened at $92.52 on Wednesday. The stock has a market cap of $168.67 billion, a PE ratio of 100.57, a price-to-earnings-growth ratio of 1.53 and a beta of 1.40. The Walt Disney Company has a fifty-two week low of $79.23 and a fifty-two week high of $123.74. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66. The stock’s 50-day moving average is $90.76 and its two-hundred day moving average is $100.21.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Wednesday, August 7th. The entertainment giant reported $1.39 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.19. The firm had revenue of $23.20 billion for the quarter, compared to the consensus estimate of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The firm’s revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.03 earnings per share. As a group, equities research analysts forecast that The Walt Disney Company will post 4.92 earnings per share for the current fiscal year.

Insider Transactions at Walt Disney

In other news, Director Calvin Mcdonald bought 11,756 shares of the stock in a transaction on Thursday, August 8th. The shares were purchased at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the completion of the purchase, the director now directly owns 22,313 shares of the company’s stock, valued at $1,897,943.78. This trade represents a 100.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.10% of the stock is currently owned by company insiders.

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.