Keudell Morrison Wealth Management Has $508,000 Holdings in The Walt Disney Company $DIS

Keudell Morrison Wealth Management boosted its holdings in shares of The Walt Disney Company (NYSE:DIS) by 11.3% in the second quarter, HoldingsChannel reports. The fund owned 4,094 shares of the entertainment giant’s stock after buying an additional 415 shares during the quarter. Keudell Morrison Wealth Management’s holdings in Walt Disney were worth $508,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. J. Safra Sarasin Holding AG lifted its holdings in shares of Walt Disney by 8.1% during the 1st quarter. J. Safra Sarasin Holding AG now owns 222,747 shares of the entertainment giant’s stock valued at $21,983,000 after buying an additional 16,781 shares during the last quarter. Planning Directions Inc. acquired a new stake in shares of Walt Disney during the 1st quarter valued at about $326,000. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Walt Disney during the 2nd quarter valued at about $4,220,599,000. Wedge Capital Management L L P NC lifted its holdings in shares of Walt Disney by 8,744.0% during the 2nd quarter. Wedge Capital Management L L P NC now owns 320,329 shares of the entertainment giant’s stock valued at $39,724,000 after buying an additional 316,707 shares during the last quarter. Finally, WoodTrust Financial Corp lifted its holdings in shares of Walt Disney by 6.7% during the 1st quarter. WoodTrust Financial Corp now owns 96,158 shares of the entertainment giant’s stock valued at $9,491,000 after buying an additional 6,047 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Stock Up 0.3%

Shares of DIS stock opened at $112.49 on Friday. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The firm has a market cap of $202.25 billion, a PE ratio of 17.63, a price-to-earnings-growth ratio of 1.48 and a beta of 1.54. The stock has a 50 day moving average of $116.12 and a 200-day moving average of $110.02. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.45 by $0.16. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The company had revenue of $23.65 billion during the quarter, compared to analyst estimates of $23.69 billion. During the same period in the previous year, the company earned $1.39 earnings per share. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. On average, equities analysts predict that The Walt Disney Company will post 5.47 EPS for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on DIS. Keefe, Bruyette & Woods restated a “market perform” rating on shares of Walt Disney in a report on Monday, August 11th. Wall Street Zen lowered Walt Disney from a “buy” rating to a “hold” rating in a report on Friday. Jefferies Financial Group lowered Walt Disney from a “strong-buy” rating to a “hold” rating in a report on Monday, August 11th. Barclays boosted their target price on Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, July 9th. Finally, Raymond James Financial restated a “neutral” 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 nine have given a Hold rating to the company. According to MarketBeat, Walt Disney presently has an average rating of “Moderate Buy” and an average price target of $131.18.

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.