Stonehage Fleming Financial Services Holdings Ltd Purchases 1,155 Shares of The Walt Disney Company $DIS

Stonehage Fleming Financial Services Holdings Ltd increased its position in shares of The Walt Disney Company (NYSE:DIS) by 16.6% in the second quarter, Holdings Channel reports. The institutional investor owned 8,130 shares of the entertainment giant’s stock after buying an additional 1,155 shares during the period. Stonehage Fleming Financial Services Holdings Ltd’s holdings in Walt Disney were worth $1,008,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Apollon Financial LLC grew its stake in Walt Disney by 1.5% in the second quarter. Apollon Financial LLC now owns 6,086 shares of the entertainment giant’s stock valued at $755,000 after purchasing an additional 87 shares in the last quarter. Keener Financial Planning LLC grew its stake in Walt Disney by 30,000.0% in the second quarter. Keener Financial Planning LLC now owns 1,505 shares of the entertainment giant’s stock valued at $186,000 after purchasing an additional 1,500 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its stake in Walt Disney by 5.5% in the second quarter. Fifth Third Wealth Advisors LLC now owns 61,109 shares of the entertainment giant’s stock valued at $7,578,000 after purchasing an additional 3,195 shares in the last quarter. IRON Financial LLC bought a new position in Walt Disney in the second quarter valued at approximately $239,000. Finally, Financial Connections Group Inc. grew its stake in Walt Disney by 65.7% in the second quarter. Financial Connections Group Inc. now owns 1,261 shares of the entertainment giant’s stock valued at $156,000 after purchasing an additional 500 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

DIS has been the subject of a number of analyst reports. Barclays raised their price target on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, July 9th. Weiss Ratings restated a “hold (c+)” rating on shares of Walt Disney in a research note on Wednesday. Jefferies Financial Group downgraded Walt Disney from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Citigroup raised their price target on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, July 9th. Finally, Rosenblatt Securities raised their price objective on Walt Disney from $140.00 to $141.00 and gave the company a “buy” rating in a research report on Monday, August 11th. Nineteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $131.18.

Walt Disney Stock Performance

NYSE:DIS opened at $109.17 on Friday. The stock has a market cap of $196.27 billion, a P/E ratio of 17.11, a PEG ratio of 1.43 and a beta of 1.54. The stock has a 50 day simple moving average of $115.36 and a 200 day simple moving average of $110.41. 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 Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69.

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

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.