Bigelow Investment Advisors LLC grew its holdings in Walt Disney Co (NYSE:DIS) by 18.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,910 shares of the entertainment giant’s stock after acquiring an additional 2,315 shares during the quarter. Walt Disney accounts for 1.1% of Bigelow Investment Advisors LLC’s portfolio, making the stock its 23rd largest holding. Bigelow Investment Advisors LLC’s holdings in Walt Disney were worth $1,563,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Arrowstreet Capital Limited Partnership raised its stake in shares of Walt Disney by 44.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 6,032,917 shares of the entertainment giant’s stock valued at $648,599,000 after purchasing an additional 1,860,702 shares in the last quarter. American Century Companies Inc. raised its stake in shares of Walt Disney by 53.4% in the first quarter. American Century Companies Inc. now owns 3,604,766 shares of the entertainment giant’s stock valued at $362,063,000 after purchasing an additional 1,255,464 shares in the last quarter. Amundi Pioneer Asset Management Inc. acquired a new position in shares of Walt Disney in the fourth quarter valued at $131,539,000. Eaton Vance Management raised its stake in shares of Walt Disney by 27.6% in the fourth quarter. Eaton Vance Management now owns 4,812,722 shares of the entertainment giant’s stock valued at $517,416,000 after purchasing an additional 1,041,427 shares in the last quarter. Finally, SG Americas Securities LLC raised its stake in shares of Walt Disney by 512.5% in the first quarter. SG Americas Securities LLC now owns 1,137,319 shares of the entertainment giant’s stock valued at $114,232,000 after purchasing an additional 951,642 shares in the last quarter. 63.63% of the stock is owned by institutional investors.

In other news, EVP Brent Woodford sold 768 shares of the firm’s stock in a transaction on Monday, July 2nd. The stock was sold at an average price of $104.35, for a total value of $80,140.80. Following the completion of the sale, the executive vice president now directly owns 28,493 shares in the company, valued at $2,973,244.55. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman Robert A. Iger sold 437,679 shares of the firm’s stock in a transaction on Monday, August 6th. The shares were sold at an average price of $115.00, for a total value of $50,333,085.00. Following the completion of the sale, the chairman now owns 1,498,871 shares of the company’s stock, valued at $172,370,165. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 710,002 shares of company stock valued at $80,514,432. 0.38% of the stock is currently owned by corporate insiders.

A number of research analysts recently commented on the company. B. Riley cut their target price on Walt Disney from $123.00 to $121.00 and set a “buy” rating for the company in a research note on Wednesday, August 8th. Bank of America set a $144.00 target price on Walt Disney and gave the company a “buy” rating in a research note on Wednesday, August 8th. BMO Capital Markets upped their target price on Walt Disney from $100.00 to $110.00 and gave the company a “market perform” rating in a research note on Wednesday, August 8th. Imperial Capital upped their target price on Walt Disney from $108.00 to $112.00 and gave the company an “inline” rating in a research note on Wednesday, August 8th. Finally, Royal Bank of Canada restated a “buy” rating and issued a $140.00 target price on shares of Walt Disney in a research note on Wednesday, August 8th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and fourteen have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $118.92.

Walt Disney stock opened at $112.48 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.88 and a quick ratio of 0.81. Walt Disney Co has a 52-week low of $96.20 and a 52-week high of $117.90. The firm has a market cap of $167.58 billion, a price-to-earnings ratio of 19.73, a P/E/G ratio of 1.48 and a beta of 1.35.

Walt Disney (NYSE:DIS) last released its quarterly earnings data on Tuesday, August 7th. The entertainment giant reported $1.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.97 by ($0.10). Walt Disney had a return on equity of 21.37% and a net margin of 20.76%. The company had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.49 billion. During the same quarter in the prior year, the company earned $1.58 earnings per share. equities analysts anticipate that Walt Disney Co will post 6.96 EPS for the current fiscal year.

The business also recently disclosed a semiannual dividend, which was paid on Thursday, July 26th. Shareholders of record on Monday, July 9th were paid a dividend of $0.84 per share. This is a positive change from Walt Disney’s previous semiannual dividend of $0.78. This represents a yield of 1.62%. The ex-dividend date was Friday, July 6th. Walt Disney’s dividend payout ratio is currently 29.47%.

Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming services under the brand ESPN, Disney, and Freeform; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio network; and the Radio Disney network.

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

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