Walt Disney Company (The) (DIS) Position Reduced by Strategy Asset Managers LLC

Strategy Asset Managers LLC decreased its position in shares of Walt Disney Company (The) (NYSE:DIS) by 3.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,924 shares of the entertainment giant’s stock after selling 2,814 shares during the period. Walt Disney Company (The) accounts for about 1.9% of Strategy Asset Managers LLC’s investment portfolio, making the stock its 21st largest holding. Strategy Asset Managers LLC’s holdings in Walt Disney Company (The) were worth $9,342,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. State Street Corp grew its position in Walt Disney Company (The) by 0.7% in the first quarter. State Street Corp now owns 67,739,871 shares of the entertainment giant’s stock worth $7,681,023,000 after buying an additional 456,053 shares during the last quarter. Legal & General Group Plc grew its position in Walt Disney Company (The) by 5.3% in the second quarter. Legal & General Group Plc now owns 7,885,053 shares of the entertainment giant’s stock worth $837,761,000 after buying an additional 394,012 shares during the last quarter. Clearbridge Investments LLC grew its position in Walt Disney Company (The) by 2.0% in the first quarter. Clearbridge Investments LLC now owns 7,623,125 shares of the entertainment giant’s stock worth $864,386,000 after buying an additional 150,316 shares during the last quarter. Parnassus Investments CA grew its position in Walt Disney Company (The) by 0.4% in the first quarter. Parnassus Investments CA now owns 5,823,364 shares of the entertainment giant’s stock worth $638,073,000 after buying an additional 20,641 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. grew its position in Walt Disney Company (The) by 5.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 4,958,719 shares of the entertainment giant’s stock worth $526,864,000 after buying an additional 251,167 shares during the last quarter. Hedge funds and other institutional investors own 61.06% of the company’s stock.

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Shares of Walt Disney Company (NYSE DIS) opened at $103.17 on Wednesday. The firm has a market cap of $159,240.00, a PE ratio of 18.38, a P/E/G ratio of 2.22 and a beta of 1.37. Walt Disney Company has a 52 week low of $96.20 and a 52 week high of $116.10. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74.

Walt Disney Company (The) (NYSE:DIS) last posted its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.05). The business had revenue of $12.78 billion during the quarter, compared to the consensus estimate of $13.30 billion. Walt Disney Company (The) had a net margin of 16.29% and a return on equity of 19.66%. The business’s revenue was down 2.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.10 EPS. equities analysts expect that Walt Disney Company will post 6.24 EPS for the current year.

Several research analysts have issued reports on DIS shares. BidaskClub upgraded shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Credit Suisse Group reiterated an “outperform” rating and set a $125.00 price objective on shares of Walt Disney Company (The) in a research report on Tuesday, July 25th. Vetr cut shares of Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $110.54 price objective on the stock. in a research report on Thursday, July 27th. Piper Jaffray Companies set a $130.00 price objective on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Finally, FBR & Co lowered their price objective on shares of Walt Disney Company (The) from $114.00 to $112.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 9th. Four analysts have rated the stock with a sell rating, sixteen have given a hold rating and eighteen have assigned a buy rating to the company’s stock. Walt Disney Company (The) currently has a consensus rating of “Hold” and an average price target of $112.81.

Walt Disney Company (The) Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

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Institutional Ownership by Quarter for Walt Disney Company (The) (NYSE:DIS)

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