NF Trinity Capital Hong Kong Ltd lowered its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 8.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 393,230 shares of the entertainment giant’s stock after selling 34,000 shares during the period. Walt Disney Company (The) comprises 6.0% of NF Trinity Capital Hong Kong Ltd’s holdings, making the stock its 6th largest position. NF Trinity Capital Hong Kong Ltd’s holdings in Walt Disney Company (The) were worth $44,588,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. HM Capital Management LLC increased its stake in Walt Disney Company (The) by 0.5% in the first quarter. HM Capital Management LLC now owns 2,690 shares of the entertainment giant’s stock valued at $305,000 after buying an additional 14 shares during the last quarter. Barton Investment Management increased its stake in Walt Disney Company (The) by 0.3% in the first quarter. Barton Investment Management now owns 7,732 shares of the entertainment giant’s stock valued at $876,000 after buying an additional 20 shares during the last quarter. Mutual of Omaha Bank Wealth Management increased its stake in Walt Disney Company (The) by 0.7% in the first quarter. Mutual of Omaha Bank Wealth Management now owns 4,570 shares of the entertainment giant’s stock valued at $519,000 after buying an additional 30 shares during the last quarter. Cordasco Financial Network increased its stake in Walt Disney Company (The) by 2.4% in the first quarter. Cordasco Financial Network now owns 1,549 shares of the entertainment giant’s stock valued at $176,000 after buying an additional 37 shares during the last quarter. Finally, West Oak Capital LLC increased its stake in Walt Disney Company (The) by 0.6% in the first quarter. West Oak Capital LLC now owns 7,744 shares of the entertainment giant’s stock valued at $878,000 after buying an additional 50 shares during the last quarter. 61.46% of the stock is owned by institutional investors.

Walt Disney Company (NYSE:DIS) traded up 0.499% during trading on Friday, reaching $101.705. The company had a trading volume of 2,088,771 shares. The firm has a market capitalization of $156.98 billion, a PE ratio of 18.039 and a beta of 1.40. The firm’s 50 day moving average price is $104.80 and its 200 day moving average price is $108.47. Walt Disney Company has a 12-month low of $90.32 and a 12-month high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last issued its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $14.24 billion during the quarter, compared to analysts’ expectations of $14.44 billion. During the same quarter in the prior year, the firm earned $1.62 EPS. The business’s revenue for the quarter was down .3% compared to the same quarter last year. Analysts anticipate that Walt Disney Company will post $5.88 earnings per share for the current year.

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Several equities research analysts have commented on DIS shares. Rosenblatt Securities boosted their price target on shares of Walt Disney Company (The) from $120.00 to $125.00 and gave the stock a “neutral” rating in a research report on Monday, May 8th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a $134.00 price target on shares of Walt Disney Company (The) in a research report on Wednesday, May 10th. Jefferies Group LLC reiterated a “hold” rating and issued a $110.00 price target on shares of Walt Disney Company (The) in a research report on Wednesday, May 10th. Wells Fargo & Company reiterated a “market perform” rating and issued a $111.00 price target on shares of Walt Disney Company (The) in a research report on Wednesday, May 10th. Finally, Piper Jaffray Companies set a $130.00 price target on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a research report on Wednesday, May 10th. Five investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and sixteen have given a buy rating to the company. Walt Disney Company (The) currently has a consensus rating of “Hold” and a consensus target price of $114.58.

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

Walt Disney Company (The) Company 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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