WoodTrust Financial Corp Buys 8,947 Shares of The Walt Disney Company (NYSE:DIS)

WoodTrust Financial Corp increased its stake in shares of The Walt Disney Company (NYSE:DIS) by 10.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 92,261 shares of the entertainment giant’s stock after buying an additional 8,947 shares during the period. Walt Disney accounts for about 1.3% of WoodTrust Financial Corp’s portfolio, making the stock its 23rd largest holding. WoodTrust Financial Corp’s holdings in Walt Disney were worth $8,875,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Transcendent Capital Group LLC increased its position in shares of Walt Disney by 1.4% during the first quarter. Transcendent Capital Group LLC now owns 7,912 shares of the entertainment giant’s stock worth $968,000 after acquiring an additional 108 shares during the period. ADE LLC lifted its stake in Walt Disney by 4.6% in the second quarter. ADE LLC now owns 2,509 shares of the entertainment giant’s stock valued at $249,000 after buying an additional 110 shares during the last quarter. Absher Wealth Management LLC boosted its holdings in shares of Walt Disney by 0.8% in the third quarter. Absher Wealth Management LLC now owns 14,141 shares of the entertainment giant’s stock valued at $1,360,000 after acquiring an additional 111 shares during the period. Archford Capital Strategies LLC grew its position in shares of Walt Disney by 2.3% during the second quarter. Archford Capital Strategies LLC now owns 4,966 shares of the entertainment giant’s stock worth $493,000 after acquiring an additional 112 shares during the last quarter. Finally, Zhang Financial LLC raised its position in Walt Disney by 5.7% in the 2nd quarter. Zhang Financial LLC now owns 2,078 shares of the entertainment giant’s stock valued at $206,000 after purchasing an additional 112 shares during the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Up 2.3 %

Shares of NYSE DIS opened at $98.89 on Thursday. The company’s 50 day simple moving average is $93.54 and its 200 day simple moving average is $97.12. The firm has a market capitalization of $179.35 billion, a P/E ratio of 38.03, a P/E/G ratio of 1.52 and a beta of 1.40. The Walt Disney Company has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.72 and a quick ratio of 0.66.

Walt Disney (NYSE:DIS) last released its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.19. The company had revenue of $23.20 billion during the quarter, compared to analysts’ expectations of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.03 earnings per share. On average, analysts predict that The Walt Disney Company will post 4.93 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on DIS shares. Morgan Stanley dropped their target price on Walt Disney from $130.00 to $110.00 and set an “overweight” rating on the stock in a report on Monday, August 5th. Piper Sandler assumed coverage on shares of Walt Disney in a research note on Wednesday, October 16th. They issued a “neutral” rating and a $95.00 target price for the company. Needham & Company LLC reissued a “buy” rating and issued a $110.00 target price on shares of Walt Disney in a research note on Wednesday, October 23rd. Seaport Res Ptn raised shares of Walt Disney from a “hold” rating to a “strong-buy” rating in a report on Monday, September 30th. Finally, Evercore ISI cut their price target on Walt Disney from $128.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Five analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Walt Disney has a consensus rating of “Moderate Buy” and a consensus target price of $118.05.

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.