Cincinnati Casualty Co. held its position in Walt Disney Company (The) (NYSE:DIS) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,000 shares of the entertainment giant’s stock at the close of the second quarter. Walt Disney Company (The) accounts for approximately 1.9% of Cincinnati Casualty Co.’s investment portfolio, making the stock its 17th largest position. Cincinnati Casualty Co.’s holdings in Walt Disney Company (The) were worth $2,125,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Lee Financial Co raised its holdings in Walt Disney Company (The) by 7.6% in the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock worth $112,000 after acquiring an additional 74 shares during the period. Sumitomo Mitsui Financial Group Inc. bought a new position in Walt Disney Company (The) in the 1st quarter worth $144,000. BDO Wealth Advisors LLC bought a new position in Walt Disney Company (The) in the 2nd quarter worth $153,000. Allegis Investment Advisors LLC bought a new position in Walt Disney Company (The) in the 2nd quarter worth $206,000. Finally, Weybosset Research & Management LLC raised its holdings in Walt Disney Company (The) by 2.6% in the 2nd quarter. Weybosset Research & Management LLC now owns 2,000 shares of the entertainment giant’s stock worth $213,000 after acquiring an additional 50 shares during the period. Hedge funds and other institutional investors own 60.40% of the company’s stock.

Several research firms have recently issued reports on DIS. BMO Capital Markets restated an “underperform” rating and set a $90.00 price objective (down previously from $95.00) on shares of Walt Disney Company (The) in a report on Thursday, August 10th. FBR & Co restated a “hold” rating and set a $97.00 price objective on shares of Walt Disney Company (The) in a report on Friday, September 8th. B. Riley restated a “neutral” rating on shares of Walt Disney Company (The) in a report on Wednesday, November 1st. Cowen Inc restated a “hold” rating and set a $95.00 price objective on shares of Walt Disney Company (The) in a report on Thursday, August 10th. Finally, BidaskClub downgraded shares of Walt Disney Company (The) from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Three investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and eighteen have given a buy rating to the stock. Walt Disney Company (The) has an average rating of “Hold” and an average target price of $112.56.

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Walt Disney Company (NYSE:DIS) opened at $102.74 on Friday. Walt Disney Company has a 12 month low of $96.20 and a 12 month high of $116.10. The firm has a market cap of $155,169.44, a PE ratio of 18.02, a price-to-earnings-growth ratio of 2.18 and a beta of 1.37. 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 announced 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). Walt Disney Company (The) had a return on equity of 19.66% and a net margin of 16.29%. The company had revenue of $12.78 billion during the quarter, compared to the consensus estimate of $13.30 billion. During the same period in the prior year, the firm posted $1.10 earnings per share. The company’s revenue was down 2.8% on a year-over-year basis. sell-side analysts anticipate that Walt Disney Company will post 6.24 EPS for the current year.

About Walt Disney Company (The)

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.

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

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