Trust Investment Advisors Has $1.01 Million Position in The Walt Disney Company $DIS

Trust Investment Advisors lessened its position in The Walt Disney Company (NYSE:DIS) by 2.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,165 shares of the entertainment giant’s stock after selling 188 shares during the period. Trust Investment Advisors’ holdings in Walt Disney were worth $1,013,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the company. DiNuzzo Private Wealth Inc. raised its stake in shares of Walt Disney by 82.5% in the second quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock valued at $26,000 after acquiring an additional 94 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Walt Disney during the 1st quarter valued at $26,000. Harbor Asset Planning Inc. acquired a new stake in Walt Disney during the 2nd quarter valued at $37,000. RMG Wealth Management LLC bought a new position in Walt Disney in the 2nd quarter valued at $49,000. Finally, Wolff Wiese Magana LLC boosted its stake in Walt Disney by 41.5% in the second quarter. Wolff Wiese Magana LLC now owns 460 shares of the entertainment giant’s stock worth $57,000 after purchasing an additional 135 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Up 0.5%

NYSE:DIS opened at $112.28 on Tuesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.72 and a quick ratio of 0.66. The stock has a market capitalization of $201.87 billion, a PE ratio of 17.60, a price-to-earnings-growth ratio of 1.46 and a beta of 1.54. The business’s 50-day simple moving average is $114.56 and its 200-day simple moving average is $112.13. The Walt Disney Company has a fifty-two week low of $80.10 and a fifty-two week high of $124.69.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, beating analysts’ consensus estimates 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 analyst estimates of $23.69 billion. During the same quarter in the previous year, the firm posted $1.39 earnings per share. The business’s revenue was up 2.1% on a year-over-year basis. Sell-side analysts expect that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

DIS has been the topic of a number of research analyst reports. Chardan Capital reissued a “buy” rating on shares of Walt Disney in a report 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 report on Wednesday, July 9th. Jefferies Financial Group downgraded shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 11th. Rosenblatt Securities restated a “buy” rating and issued a $141.00 price target on shares of Walt Disney in a research report on Friday, October 17th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Nineteen equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $132.90.

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.