Central Bank & Trust Co. Purchases 2,115 Shares of The Walt Disney Company $DIS

Central Bank & Trust Co. lifted its position in shares of The Walt Disney Company (NYSE:DIS) by 17.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,286 shares of the entertainment giant’s stock after purchasing an additional 2,115 shares during the period. Central Bank & Trust Co.’s holdings in Walt Disney were worth $1,772,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Walt Disney during the first quarter worth approximately $26,000. Mpwm Advisory Solutions LLC acquired a new stake in Walt Disney during the fourth quarter worth approximately $27,000. Kessler Investment Group LLC grew its position in Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock worth $27,000 after buying an additional 200 shares in the last quarter. Copia Wealth Management acquired a new stake in Walt Disney during the fourth quarter worth approximately $36,000. Finally, Vermillion Wealth Management Inc. acquired a new stake in Walt Disney during the fourth quarter worth approximately $39,000. Institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on DIS. Stephens reissued a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Guggenheim raised their target price on Walt Disney from $120.00 to $140.00 and gave the company a “buy” rating in a report on Friday, June 27th. Barclays raised their target price on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, July 9th. Evercore ISI raised their target price on Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a report on Monday, August 4th. Finally, JPMorgan Chase & Co. raised their target price on Walt Disney from $130.00 to $138.00 and gave the company an “overweight” rating in a report on Tuesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $131.18.

Walt Disney Stock Performance

Shares of DIS opened at $115.66 on Tuesday. 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 stock has a 50 day moving average price of $118.19 and a two-hundred day moving average price of $109.01. The firm has a market capitalization of $207.95 billion, a P/E ratio of 18.13, a P/E/G ratio of 1.68 and a beta of 1.55. The Walt Disney Company has a 52 week low of $80.10 and a 52 week high of $124.69.

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

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.