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

Missouri Trust & Investment Co lifted its stake in The Walt Disney Company (NYSE:DIS) by 23.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm 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 filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Concurrent Investment Advisors LLC boosted its stake in shares of Walt Disney by 8.4% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 66,744 shares of the entertainment giant’s stock valued at $6,420,000 after buying an additional 5,184 shares during the period. Summit Global Investments boosted its holdings in Walt Disney by 476.0% during the third quarter. Summit Global Investments now owns 12,379 shares of the entertainment giant’s stock valued at $1,191,000 after acquiring an additional 10,230 shares during the period. Lmcg Investments LLC boosted its stake in Walt Disney by 18.6% during the 3rd quarter. Lmcg Investments LLC now owns 147,353 shares of the entertainment giant’s stock valued at $14,174,000 after purchasing an additional 23,116 shares during the period. PGGM Investments bought a new stake in shares of Walt Disney in the first quarter valued at approximately $1,036,000. Finally, Nisa Investment Advisors LLC grew its position in Walt Disney by 22.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 704,887 shares of the entertainment giant’s stock worth $67,803,000 after purchasing an additional 127,859 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on DIS. Raymond James restated a “market perform” rating on shares of Walt Disney in a research report on Tuesday, October 1st. Piper Sandler began coverage on shares of Walt Disney in a research note on Wednesday, October 16th. They issued a “neutral” rating and a $95.00 target price on the stock. JPMorgan Chase & Co. cut their price target 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. Morgan Stanley lowered their price objective on Walt Disney from $130.00 to $110.00 and set an “overweight” rating on the stock in a research note on Monday, August 5th. Finally, Bank of America cut their target price on Walt Disney from $145.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Four equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $119.14.

Walt Disney Price Performance

Shares of Walt Disney stock traded down $0.47 on Tuesday, reaching $100.39. 1,929,383 shares of the stock were exchanged, compared to its average volume of 10,678,405. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.66 and a current ratio of 0.72. The Walt Disney Company has a one year low of $83.91 and a one year high of $123.74. The firm has a market cap of $182.07 billion, a PE ratio of 38.63, a P/E/G ratio of 1.58 and a beta of 1.40. The firm’s 50 day moving average is $94.11 and its 200-day moving average is $96.73.

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.