Level Four Advisory Services LLC increased its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 9.5% during the first quarter, Holdings Channel reports. The fund owned 35,920 shares of the entertainment giant’s stock after buying an additional 3,124 shares during the period. Level Four Advisory Services LLC’s holdings in Walt Disney Company (The) were worth $4,060,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in DIS. Capital International Inc. CA boosted its stake in Walt Disney Company (The) by 22.8% in the fourth quarter. Capital International Inc. CA now owns 31,940 shares of the entertainment giant’s stock valued at $3,329,000 after buying an additional 5,940 shares during the last quarter. L & S Advisors Inc acquired a new position in shares of Walt Disney Company (The) during the fourth quarter worth approximately $434,000. Cigna Investments Inc. New acquired a new position in shares of Walt Disney Company (The) during the fourth quarter worth approximately $5,799,000. Round Hill Asset Management acquired a new position in shares of Walt Disney Company (The) during the fourth quarter worth approximately $12,790,000. Finally, United Capital Financial Advisers LLC boosted its position in shares of Walt Disney Company (The) by 20.3% in the fourth quarter. United Capital Financial Advisers LLC now owns 332,027 shares of the entertainment giant’s stock worth $34,604,000 after buying an additional 56,005 shares in the last quarter. Institutional investors and hedge funds own 62.42% of the company’s stock.

Shares of Walt Disney Company (NYSE:DIS) traded up 0.63% during trading on Friday, hitting $101.99. 9,410,408 shares of the stock traded hands. The firm has a market capitalization of $157.42 billion, a price-to-earnings ratio of 18.09 and a beta of 1.40. Walt Disney Company has a 1-year low of $90.32 and a 1-year high of $116.10. The firm has a 50-day moving average of $106.08 and a 200-day moving average of $109.24.

Walt Disney Company (The) (NYSE:DIS) last released its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.05. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The firm had revenue of $14.24 billion for the quarter, compared to analyst estimates of $14.44 billion. During the same period last year, the firm earned $1.62 earnings per share. The business’s quarterly revenue was down .3% compared to the same quarter last year. On average, equities analysts forecast that Walt Disney Company will post $5.90 earnings per share for the current year.

The firm also recently disclosed a Semi-Annual dividend, which was paid on Thursday, July 27th. Shareholders of record on Monday, July 10th were paid a $0.78 dividend. The ex-dividend date was Thursday, July 6th. Walt Disney Company (The)’s dividend payout ratio (DPR) is 27.56%.

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DIS has been the subject of a number of analyst reports. Needham & Company LLC restated a “hold” rating on shares of Walt Disney Company (The) in a research note on Tuesday, April 25th. BidaskClub upgraded shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Deutsche Bank AG restated a “buy” rating and set a $125.00 price target (down previously from $130.00) on shares of Walt Disney Company (The) in a research note on Monday, May 15th. Credit Suisse Group restated an “outperform” rating and set a $120.00 price target (down previously from $125.00) on shares of Walt Disney Company (The) in a research note on Wednesday. Finally, Royal Bank Of Canada restated a “buy” rating and set a $130.00 price target on shares of Walt Disney Company (The) in a research note on Friday, July 14th. Five equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and seventeen have assigned a buy rating to the stock. Walt Disney Company (The) presently has an average rating of “Hold” and an average target price of $115.19.

In other Walt Disney Company (The) news, Director Maria Elena Lagomasino acquired 976 shares of the company’s stock in a transaction on Thursday, August 10th. The shares were purchased at an average cost of $102.34 per share, with a total value of $99,883.84. Following the completion of the purchase, the director now owns 7,513 shares of the company’s stock, valued at $768,880.42. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Robert A. Iger sold 797,578 shares of the firm’s stock in a transaction on Friday, June 9th. The shares were sold at an average price of $105.09, for a total transaction of $83,817,472.02. Following the completion of the transaction, the chairman now directly owns 1,566,484 shares in the company, valued at $164,621,803.56. The disclosure for this sale can be found here. 0.38% of the stock is currently owned by company insiders.

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.

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

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