Thurston Springer Miller Herd & Titak Inc. Has $627,000 Stock Position in The Walt Disney Company $DIS

Thurston Springer Miller Herd & Titak Inc. increased its holdings in The Walt Disney Company (NYSE:DIS) by 9.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,054 shares of the entertainment giant’s stock after acquiring an additional 437 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in Walt Disney were worth $627,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Walt Disney in the first quarter worth approximately $26,000. Mpwm Advisory Solutions LLC purchased a new position in shares of Walt Disney during the fourth quarter valued at approximately $27,000. Kessler Investment Group LLC grew its holdings 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 purchased a new stake in Walt Disney in the 4th quarter valued at $36,000. Finally, Vermillion Wealth Management Inc. bought a new position in Walt Disney during the 4th quarter valued at $39,000. Institutional investors own 65.71% of the company’s stock.

Walt Disney Price Performance

Shares of NYSE DIS opened at $116.02 on Monday. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The stock has a fifty day simple moving average of $118.34 and a two-hundred day simple moving average of $108.99. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The firm has a market cap of $208.60 billion, a price-to-earnings ratio of 18.18, a price-to-earnings-growth ratio of 1.68 and a beta of 1.55.

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 return on equity of 9.67% and a net margin of 12.22%.The firm 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 earned $1.39 EPS. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. Analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Evercore ISI upped their target price 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. UBS Group boosted their price target on shares of Walt Disney from $120.00 to $138.00 and gave the stock a “buy” rating in a report on Wednesday, July 16th. Loop Capital upped their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Tuesday, June 10th. Guggenheim lifted their target price on shares of Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, June 27th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $131.18.

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.