Bank of Jackson Hole Trust Increases Stock Holdings in The Walt Disney Company $DIS

Bank of Jackson Hole Trust lifted its position in The Walt Disney Company (NYSE:DIS) by 24.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,215 shares of the entertainment giant’s stock after buying an additional 829 shares during the quarter. Bank of Jackson Hole Trust’s holdings in Walt Disney were worth $523,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of DIS. Brighton Jones LLC raised its stake in Walt Disney by 7.7% in the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after purchasing an additional 1,904 shares in the last quarter. Golden State Wealth Management LLC raised its stake in Walt Disney by 19.7% in the first quarter. Golden State Wealth Management LLC now owns 7,220 shares of the entertainment giant’s stock valued at $713,000 after purchasing an additional 1,188 shares in the last quarter. Ameritas Advisory Services LLC raised its stake in Walt Disney by 2.8% in the first quarter. Ameritas Advisory Services LLC now owns 16,660 shares of the entertainment giant’s stock valued at $1,773,000 after purchasing an additional 457 shares in the last quarter. MorganRosel Wealth Management LLC purchased a new stake in Walt Disney in the first quarter valued at approximately $99,000. Finally, Spinnaker Trust raised its stake in Walt Disney by 15.0% in the first quarter. Spinnaker Trust now owns 3,644 shares of the entertainment giant’s stock valued at $360,000 after purchasing an additional 475 shares in the last quarter. 65.71% of the stock is owned by hedge funds and other institutional investors.

Walt Disney Stock Down 0.6%

Shares of Walt Disney stock opened at $111.71 on Wednesday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72. The Walt Disney Company has a 52-week low of $80.10 and a 52-week high of $124.69. The stock has a market capitalization of $200.85 billion, a price-to-earnings ratio of 17.51, a P/E/G ratio of 1.47 and a beta of 1.54. The company’s 50 day moving average price is $114.47 and its 200-day moving average price is $112.32.

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

Analyst Ratings Changes

A number of equities research analysts recently weighed in on DIS shares. Keefe, Bruyette & Woods reaffirmed a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. Rosenblatt Securities reissued a “buy” rating and set a $141.00 price target on shares of Walt Disney in a research note on Friday, October 17th. Morgan Stanley lifted 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 Monday, August 4th. Barclays lifted 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. Finally, Susquehanna reissued a “neutral” rating on shares of Walt Disney in a research note on Monday, August 11th. Nineteen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus 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.