The Walt Disney Company (NYSE:DIS) Shares Acquired by Missouri Trust & Investment Co

Missouri Trust & Investment Co boosted its stake in The Walt Disney Company (NYSE:DIS) by 23.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,812 shares of the entertainment giant’s stock after acquiring an additional 2,430 shares during the period. Missouri Trust & Investment Co’s holdings in Walt Disney were worth $1,232,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. ESL Trust Services LLC purchased a new stake in shares of Walt Disney during the first quarter worth approximately $31,000. William B. Walkup & Associates Inc. purchased a new stake in shares of Walt Disney in the 2nd quarter worth about $32,000. Mascoma Wealth Management LLC grew its position in shares of Walt Disney by 38.0% in the second quarter. Mascoma Wealth Management LLC now owns 443 shares of the entertainment giant’s stock valued at $44,000 after purchasing an additional 122 shares during the last quarter. First PREMIER Bank grew its holdings in Walt Disney by 98.1% during the 3rd quarter. First PREMIER Bank now owns 517 shares of the entertainment giant’s stock valued at $50,000 after buying an additional 256 shares during the last quarter. Finally, Iron Horse Wealth Management LLC increased its position in Walt Disney by 148.7% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 557 shares of the entertainment giant’s stock worth $55,000 after purchasing an additional 333 shares in the last quarter. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Performance

NYSE:DIS traded down $0.47 during midday trading on Tuesday, reaching $100.39. 1,929,383 shares of the company traded hands, compared to its average volume of 10,678,405. The Walt Disney Company has a twelve month low of $83.91 and a twelve month 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. The company has a fifty day moving average price of $94.11 and a 200 day moving average price of $96.73. The firm has a market capitalization of $182.07 billion, a price-to-earnings ratio of 38.63, a price-to-earnings-growth ratio of 1.58 and a beta of 1.40.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on DIS. UBS Group reduced their price objective on shares of Walt Disney from $130.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. Loop Capital dropped their target price on Walt Disney from $139.00 to $130.00 and set a “buy” rating for the company in a research note on Tuesday, July 30th. Deutsche Bank Aktiengesellschaft decreased their price target on Walt Disney from $130.00 to $115.00 and set a “buy” rating on the stock in a research note on Thursday, August 8th. JPMorgan Chase & Co. dropped their price objective on shares of Walt Disney from $135.00 to $125.00 and set an “overweight” rating for the company in a research note on Thursday, August 8th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $110.00 price target on shares of Walt Disney in a research report on Wednesday, October 23rd. Four equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Walt Disney currently has an average rating of “Moderate Buy” and a consensus target price of $119.14.

About Walt Disney

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.