St. Louis Financial Planners Asset Management LLC Makes New Investment in The Walt Disney Company $DIS

Key Points

• St. Louis Financial Planners Asset Management LLC has invested approximately $3.3 million in The Walt Disney Company, acquiring 26,753 shares, making Disney about 2.5% of their portfolio.
• Walt Disney reported earnings of $1.61 per share for the last quarter, which exceeded analyst expectations, along with a revenue of $23.65 billion.
• Institutional investors now own 65.71% of Disney's shares, with several hedge funds recently increasing their stakes significantly in the company.

St. Louis Financial Planners Asset Management LLC bought a new position in shares of The Walt Disney Company (NYSE:DIS - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 26,753 shares of the entertainment giant's stock, valued at approximately $3,318,000. Walt Disney comprises approximately 2.5% of St. Louis Financial Planners Asset Management LLC's portfolio, making the stock its 10th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nuveen LLC acquired a new stake in Walt Disney in the first quarter worth approximately $1,353,607,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Walt Disney by 21.8% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,867,017 shares of the entertainment giant's stock worth $1,878,142,000 after buying an additional 3,016,339 shares during the last quarter. Diamond Hill Capital Management Inc. increased its position in Walt Disney by 1,080.7% during the first quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant's stock worth $277,993,000 after acquiring an additional 2,578,004 shares during the period. Vanguard Group Inc. lifted its stake in shares of Walt Disney by 1.6% in the first quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant's stock valued at $15,383,615,000 after buying an additional 2,446,087 shares during the period. Finally, GAMMA Investing LLC lifted its stake in Walt Disney by 10,567.3% during the first quarter. GAMMA Investing LLC now owns 2,450,702 shares of the entertainment giant's stock worth $241,884,000 after purchasing an additional 2,427,728 shares during the period. 65.71% of the stock is owned by institutional investors.

Walt Disney Stock Performance

Shares of DIS stock opened at $115.66 on Tuesday. The Walt Disney Company has a one year low of $80.10 and a one year high of $124.69. The company's 50-day moving average is $118.19 and its 200 day moving average is $109.01. The company has a market capitalization of $207.95 billion, a price-to-earnings ratio of 18.13, a price-to-earnings-growth ratio of 1.68 and a beta of 1.55. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.66 and a current ratio of 0.72.

Walt Disney (NYSE:DIS - Get Free Report) last posted its earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.16. The business had revenue of $23.65 billion for the quarter, compared to analysts' expectations of $23.69 billion. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The business's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.39 EPS. Sell-side analysts expect that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DIS has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their price objective on shares of Walt Disney from $130.00 to $138.00 and gave the company an "overweight" rating in a research note on Tuesday, July 29th. UBS Group boosted their price objective on shares of Walt Disney from $120.00 to $138.00 and gave the company a "buy" rating in a report on Wednesday, July 16th. Jefferies Financial Group downgraded shares of Walt Disney from a "strong-buy" rating to a "hold" rating in a report on Monday, August 11th. Morgan Stanley upped their price objective on shares of Walt Disney from $120.00 to $140.00 and gave the stock an "overweight" rating in a research report on Monday, August 4th. Finally, Wall Street Zen cut shares of Walt Disney from a "strong-buy" rating to a "buy" rating in a research report on Sunday, July 20th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $131.18.

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.

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