MAI Capital Management lifted its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 4.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,107 shares of the entertainment giant’s stock after purchasing an additional 2,370 shares during the quarter. MAI Capital Management’s holdings in Walt Disney Company (The) were worth $5,749,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Tdam USA Inc. grew its holdings in Walt Disney Company (The) by 4.1% during the 2nd quarter. Tdam USA Inc. now owns 195,498 shares of the entertainment giant’s stock worth $20,666,000 after acquiring an additional 7,785 shares during the last quarter. State Treasurer State of Michigan grew its holdings in Walt Disney Company (The) by 73.3% during the 1st quarter. State Treasurer State of Michigan now owns 1,355,053 shares of the entertainment giant’s stock worth $153,649,000 after acquiring an additional 573,000 shares during the last quarter. Walter & Keenan Financial Consulting Co. MI ADV grew its holdings in Walt Disney Company (The) by 7.9% during the 2nd quarter. Walter & Keenan Financial Consulting Co. MI ADV now owns 24,719 shares of the entertainment giant’s stock worth $2,626,000 after acquiring an additional 1,800 shares during the last quarter. Mutual of America Capital Management LLC grew its holdings in Walt Disney Company (The) by 1.4% during the 1st quarter. Mutual of America Capital Management LLC now owns 175,248 shares of the entertainment giant’s stock worth $19,871,000 after acquiring an additional 2,351 shares during the last quarter. Finally, Connecticut Wealth Management LLC grew its holdings in Walt Disney Company (The) by 1.4% during the 2nd quarter. Connecticut Wealth Management LLC now owns 3,038 shares of the entertainment giant’s stock worth $315,000 after acquiring an additional 42 shares during the last quarter. 61.06% of the stock is currently owned by institutional investors.

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A number of equities research analysts have weighed in on the stock. Piper Jaffray Companies set a $130.00 target price on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a report on Tuesday, October 31st. J P Morgan Chase & Co set a $125.00 target price on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a report on Friday, November 10th. Vetr lowered shares of Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $106.77 target price on the stock. in a report on Monday. Citigroup Inc. reissued a “neutral” rating on shares of Walt Disney Company (The) in a report on Thursday, September 28th. Finally, B. Riley reissued a “hold” rating and set a $101.00 target price (up from $97.00) on shares of Walt Disney Company (The) in a report on Friday, November 10th. Four equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating and eighteen have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $112.81.

Walt Disney Company (NYSE DIS) opened at $103.17 on Wednesday. The firm has a market cap of $159,240.00, a PE ratio of 18.38, a P/E/G ratio of 2.22 and a beta of 1.37. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42. Walt Disney Company has a 1 year low of $96.20 and a 1 year high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last posted its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.05). The company had revenue of $12.78 billion for the quarter, compared to the consensus estimate of $13.30 billion. Walt Disney Company (The) had a net margin of 16.29% and a return on equity of 19.66%. Walt Disney Company (The)’s quarterly revenue was down 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.10 EPS. equities analysts forecast that Walt Disney Company will post 6.24 EPS for the current year.

Walt Disney Company (The) Profile

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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