Loeb Partners Corp decreased its position in shares of Walt Disney Company (The) (NYSE:DIS) by 21.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 18,100 shares of the entertainment giant’s stock after selling 5,000 shares during the quarter. Loeb Partners Corp’s holdings in Walt Disney Company (The) were worth $1,923,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of DIS. Harwood Advisory Group LLC grew its holdings in shares of Walt Disney Company (The) by 0.6% during the second quarter. Harwood Advisory Group LLC now owns 2,071 shares of the entertainment giant’s stock worth $220,000 after buying an additional 12 shares during the last quarter. HM Capital Management LLC grew its holdings in shares of Walt Disney Company (The) by 0.5% during the first quarter. HM Capital Management LLC now owns 2,690 shares of the entertainment giant’s stock worth $305,000 after buying an additional 14 shares during the last quarter. Barton Investment Management grew its holdings in shares of Walt Disney Company (The) by 0.3% during the first quarter. Barton Investment Management now owns 7,732 shares of the entertainment giant’s stock worth $876,000 after buying an additional 20 shares during the last quarter. Ipswich Investment Management Co. Inc. grew its holdings in shares of Walt Disney Company (The) by 0.3% during the second quarter. Ipswich Investment Management Co. Inc. now owns 8,320 shares of the entertainment giant’s stock worth $884,000 after buying an additional 25 shares during the last quarter. Finally, Youngs Advisory Group Inc. grew its holdings in shares of Walt Disney Company (The) by 0.5% during the second quarter. Youngs Advisory Group Inc. now owns 5,797 shares of the entertainment giant’s stock worth $616,000 after buying an additional 30 shares during the last quarter. 61.38% of the stock is currently owned by institutional investors.

Shares of Walt Disney Company (NYSE:DIS) opened at 100.07 on Friday. The stock has a market capitalization of $154.46 billion, a PE 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 is $99.91 and its 200 day moving average is $106.38.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, topping the Thomson Reuters’ consensus estimate 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 company had revenue of $14.24 billion for the quarter, compared to analyst estimates of $14.44 billion. During the same quarter in the prior year, the business posted $1.62 EPS. Walt Disney Company (The)’s quarterly revenue was down .3% on a year-over-year basis. Analysts anticipate that Walt Disney Company will post $5.81 EPS for the current fiscal year.

DIS has been the topic of a number of research reports. Royal Bank Of Canada set a $130.00 price target on Walt Disney Company (The) and gave the stock a “buy” rating in a report on Monday, June 12th. Moffett Nathanson reissued a “buy” rating on shares of Walt Disney Company (The) in a report on Friday, June 9th. Guggenheim reissued a “buy” rating and set a $122.00 price target (down previously from $128.00) on shares of Walt Disney Company (The) in a report on Wednesday, July 12th. BidaskClub raised Walt Disney Company (The) from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Finally, Piper Jaffray Companies set a $130.00 price target on Walt Disney Company (The) and gave the stock a “buy” rating in a report on Wednesday, August 9th. Five analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and nineteen have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $113.92.

COPYRIGHT VIOLATION WARNING: “Loeb Partners Corp Reduces Holdings in Walt Disney Company (The) (DIS)” was originally reported by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another domain, it was illegally stolen and reposted in violation of United States and international trademark and copyright legislation. The original version of this story can be accessed at https://www.watchlistnews.com/loeb-partners-corp-reduces-holdings-in-walt-disney-company-the-dis/1614209.html.

In other Walt Disney Company (The) news, Director Maria Elena Lagomasino purchased 976 shares of the company’s stock in a transaction dated Thursday, August 10th. The shares were bought at an average price of $102.34 per share, for a total transaction of $99,883.84. Following the purchase, the director now directly owns 7,513 shares in the company, valued at approximately $768,880.42. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.38% of the company’s stock.

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)

Receive News & Ratings for Walt Disney Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney Company (The) and related companies with Analyst Ratings Network's FREE daily email newsletter.