Great West Life Assurance Co. Can trimmed its position in Walt Disney Company (The) (NYSE:DIS) by 13.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,304,279 shares of the entertainment giant’s stock after selling 200,990 shares during the period. Great West Life Assurance Co. Can owned about 0.08% of Walt Disney Company (The) worth $138,404,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Spinnaker Trust lifted its position in shares of Walt Disney Company (The) by 0.5% during the 2nd quarter. Spinnaker Trust now owns 7,901 shares of the entertainment giant’s stock valued at $839,000 after buying an additional 40 shares in the last quarter. Country Trust Bank lifted its position in shares of Walt Disney Company (The) by 0.5% during the 2nd quarter. Country Trust Bank now owns 12,005 shares of the entertainment giant’s stock valued at $1,276,000 after buying an additional 64 shares in the last quarter. Parkside Financial Bank & Trust lifted its position in shares of Walt Disney Company (The) by 2.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 12,486 shares of the entertainment giant’s stock valued at $1,326,000 after buying an additional 240 shares in the last quarter. American Trust Investment Advisors LLC lifted its position in shares of Walt Disney Company (The) by 2.8% during the 2nd quarter. American Trust Investment Advisors LLC now owns 12,361 shares of the entertainment giant’s stock valued at $1,313,000 after buying an additional 336 shares in the last quarter. Finally, Probity Advisors Inc. lifted its position in shares of Walt Disney Company (The) by 1.1% during the 2nd quarter. Probity Advisors Inc. now owns 3,005 shares of the entertainment giant’s stock valued at $319,000 after buying an additional 34 shares in the last quarter. 61.38% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts have recently weighed in on the company. BMO Capital Markets reaffirmed an “underperform” rating and set a $90.00 price objective (down from $95.00) on shares of Walt Disney Company (The) in a research report on Thursday, August 10th. Loop Capital reaffirmed a “hold” rating and set a $108.00 price objective on shares of Walt Disney Company (The) in a research report on Thursday, August 10th. Jefferies Group LLC reaffirmed a “hold” rating and set a $103.00 price objective (down from $110.00) on shares of Walt Disney Company (The) in a research report on Friday. Goldman Sachs Group, Inc. (The) set a $133.00 price objective on Walt Disney Company (The) and gave the company a “buy” rating in a research report on Wednesday, August 9th. Finally, Wells Fargo & Company reaffirmed a “market perform” rating and set a $109.00 price objective on shares of Walt Disney Company (The) in a research report on Thursday, August 10th. Five research analysts have rated the stock with a sell rating, fourteen have given a hold rating and nineteen have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $113.92.

In related news, Director Maria Elena Lagomasino purchased 976 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The stock was purchased at an average price of $102.34 per share, with a total value of $99,883.84. Following the completion of the acquisition, the director now owns 7,513 shares in the company, valued at $768,880.42. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 13.00% of the stock is currently owned by company insiders.

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Walt Disney Company (DIS) opened at 100.07 on Monday. The company has a market cap of $154.46 billion, a P/E ratio of 17.75 and a beta of 1.40. Walt Disney Company has a 52-week low of $90.32 and a 52-week high of $116.10. The stock’s 50 day moving average price is $99.91 and its 200 day moving average price is $106.38.

Walt Disney Company (The) (NYSE:DIS) last posted its quarterly earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, beating the consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a return on equity of 19.69% and a net margin of 16.22%. The firm had revenue of $14.24 billion during the quarter, compared to analysts’ expectations of $14.44 billion. During the same quarter last year, the firm earned $1.62 earnings per share. The business’s revenue for the quarter was down .3% on a year-over-year basis. Analysts expect that Walt Disney Company will post $5.81 earnings per share 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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