The Walt Disney Company $DIS Stock Position Boosted by UMB Bank n.a.

Key Points

• UMB Bank n.a. increased its holdings in The Walt Disney Company by 53.7% in Q2, now owning a total of 67,126 shares valued at approximately $8.32 million.
• Several other institutional investors also adjusted their stakes in Disney, with notable increases from Bruce G. Allen Investments LLC (up 9.1%) and Aspen Investment Management Inc (up 3.5%).
• Disney's stock currently has an average rating of "Moderate Buy" from analysts, with a target price of $131.18 as the company continues to see fluctuating performance in its earnings.

UMB Bank n.a. boosted its stake in The Walt Disney Company (NYSE:DIS - Free Report) by 53.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 67,126 shares of the entertainment giant's stock after purchasing an additional 23,459 shares during the quarter. UMB Bank n.a.'s holdings in Walt Disney were worth $8,324,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the stock. Weatherly Asset Management L. P. increased its holdings in Walt Disney by 1.4% in the 2nd quarter. Weatherly Asset Management L. P. now owns 60,214 shares of the entertainment giant's stock valued at $7,467,000 after purchasing an additional 815 shares in the last quarter. WealthBridge Investment Counsel Inc. boosted its position in shares of Walt Disney by 0.5% in the second quarter. WealthBridge Investment Counsel Inc. now owns 65,131 shares of the entertainment giant's stock worth $8,077,000 after buying an additional 320 shares during the period. Kaydan Wealth Management Inc. purchased a new stake in shares of Walt Disney in the second quarter worth about $214,000. Pinnacle Bancorp Inc. grew its stake in shares of Walt Disney by 2.8% in the second quarter. Pinnacle Bancorp Inc. now owns 5,787 shares of the entertainment giant's stock valued at $718,000 after buying an additional 157 shares in the last quarter. Finally, Bridge Creek Capital Management LLC raised its holdings in shares of Walt Disney by 1.6% during the 2nd quarter. Bridge Creek Capital Management LLC now owns 42,438 shares of the entertainment giant's stock valued at $5,263,000 after buying an additional 676 shares during the period. Hedge funds and other institutional investors own 65.71% of the company's stock.

Analysts Set New Price Targets

DIS has been the subject of a number of analyst reports. Chardan Capital restated a "buy" rating on shares of Walt Disney in a report on Monday, August 11th. Susquehanna reaffirmed a "neutral" rating on shares of Walt Disney in a report on Monday, August 11th. JPMorgan Chase & Co. lifted their price target on shares of Walt Disney from $130.00 to $138.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 29th. Jefferies Financial Group downgraded Walt Disney from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 11th. Finally, Loop Capital lifted their target price on Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research report on Tuesday, June 10th. One investment 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, Walt Disney presently has a consensus rating of "Moderate Buy" and a consensus target price of $131.18.

Walt Disney Stock Performance

Shares of DIS stock traded down $1.32 on Monday, hitting $112.44. 14,712,621 shares of the stock traded hands, compared to its average volume of 9,504,903. 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 company's fifty day moving average is $117.71 and its 200 day moving average is $109.17. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The company has a market capitalization of $202.16 billion, a PE ratio of 17.62, a PEG ratio of 1.65 and a beta of 1.55.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share for the quarter, topping analysts' consensus estimates 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 return on equity of 9.67% and a net margin of 12.22%.The business's quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.39 EPS. On average, equities research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal 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.