Presper Financial Architects LLC Makes New $263,000 Investment in The Walt Disney Company $DIS

Presper Financial Architects LLC acquired a new position in The Walt Disney Company (NYSE:DIS) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 2,117 shares of the entertainment giant’s stock, valued at approximately $263,000.

A number of other institutional investors have also made changes to their positions in DIS. Brighton Jones LLC increased its stake in shares of Walt Disney by 7.7% in the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock worth $2,980,000 after purchasing an additional 1,904 shares during the period. Baker Tilly Wealth Management LLC increased its stake in shares of Walt Disney by 5.4% in the first quarter. Baker Tilly Wealth Management LLC now owns 15,601 shares of the entertainment giant’s stock worth $1,540,000 after purchasing an additional 797 shares during the period. Fiduciary Alliance LLC increased its stake in shares of Walt Disney by 11.3% in the first quarter. Fiduciary Alliance LLC now owns 57,978 shares of the entertainment giant’s stock worth $5,722,000 after purchasing an additional 5,870 shares during the period. Enterprise Bank & Trust Co increased its stake in shares of Walt Disney by 1.8% in the first quarter. Enterprise Bank & Trust Co now owns 10,874 shares of the entertainment giant’s stock worth $1,073,000 after purchasing an additional 189 shares during the period. Finally, NBC Securities Inc. increased its stake in shares of Walt Disney by 109,828.6% in the first quarter. NBC Securities Inc. now owns 15,390 shares of the entertainment giant’s stock worth $1,519,000 after purchasing an additional 15,376 shares during the period. 65.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on DIS. Citigroup lifted their price objective on Walt Disney from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Wednesday, July 9th. Evercore ISI boosted their price target on Walt Disney from $134.00 to $140.00 and gave the company an “outperform” rating in a research note on Monday, August 4th. Morgan Stanley boosted their price target on Walt Disney from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, August 4th. Loop Capital boosted their price target on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, June 10th. Finally, Stephens restated a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Nineteen equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $131.18.

Walt Disney Trading Up 1.2%

DIS stock opened at $114.78 on Tuesday. The Walt Disney Company has a 1-year low of $80.10 and a 1-year high of $124.69. The firm has a market cap of $206.37 billion, a P/E ratio of 17.99, a P/E/G ratio of 1.64 and a beta of 1.55. The business’s 50 day moving average is $116.83 and its 200-day moving average is $109.72. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share 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 company had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. During the same period in the prior year, the company posted $1.39 EPS. The company’s revenue was up 2.1% compared to the same quarter last year. Equities analysts anticipate that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

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.