Evermay Wealth Management LLC Buys 100 Shares of The Walt Disney Company $DIS

Evermay Wealth Management LLC raised its stake in The Walt Disney Company (NYSE:DIS) by 5.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,077 shares of the entertainment giant’s stock after acquiring an additional 100 shares during the period. Evermay Wealth Management LLC’s holdings in Walt Disney were worth $258,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in Walt Disney in the first quarter valued at $26,000. DiNuzzo Private Wealth Inc. grew its holdings in shares of Walt Disney by 82.5% during the second quarter. DiNuzzo Private Wealth Inc. now owns 208 shares of the entertainment giant’s stock worth $26,000 after purchasing an additional 94 shares during the last quarter. Kessler Investment Group LLC grew its holdings in shares of Walt Disney by 274.0% during the first quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant’s stock worth $27,000 after purchasing an additional 200 shares during the last quarter. Harbor Asset Planning Inc. bought a new stake in shares of Walt Disney during the second quarter worth $37,000. Finally, RMG Wealth Management LLC bought a new stake in shares of Walt Disney during the second quarter worth $49,000. 65.71% of the stock is currently owned by institutional investors.

Walt Disney Trading Up 0.7%

Shares of DIS opened at $110.69 on Monday. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. 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 capitalization of $199.00 billion, a PE ratio of 17.35, a price-to-earnings-growth ratio of 1.45 and a beta of 1.54. The stock’s fifty day simple moving average is $114.86 and its 200-day simple moving average is $110.99.

Walt Disney (NYSE:DIS) last issued its quarterly 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. Walt Disney had a return on equity of 9.67% and a net margin of 12.22%.The business had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. During the same quarter in the prior year, the firm posted $1.39 earnings per share. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, research analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Raymond James Financial restated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Guggenheim increased their target price on Walt Disney from $120.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, June 27th. Stephens restated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Chardan Capital restated a “buy” rating on shares of Walt Disney in a report on Monday, August 11th. Finally, Barclays upped their price target on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Wednesday, July 9th. Nineteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $132.90.

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.