Public Employees Retirement System of Ohio reduced its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 0.3% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 1,161,601 shares of the entertainment giant’s stock after selling 3,373 shares during the period. Walt Disney Company (The) comprises approximately 0.7% of Public Employees Retirement System of Ohio’s portfolio, making the stock its 21st largest position. Public Employees Retirement System of Ohio’s holdings in Walt Disney Company (The) were worth $131,714,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Thomas J. Herzfeld Advisors Inc. bought a new stake in Walt Disney Company (The) during the fourth quarter valued at approximately $110,000. Sumitomo Mitsui Financial Group Inc. bought a new stake in Walt Disney Company (The) during the first quarter valued at approximately $144,000. Feltz Wealth PLAN Inc. bought a new stake in Walt Disney Company (The) during the first quarter valued at approximately $173,000. Cordasco Financial Network boosted 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 in the last quarter. Finally, Paragon Capital Management Ltd bought a new stake in Walt Disney Company (The) during the first quarter valued at approximately $200,000. 62.34% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Company (DIS) traded up 0.582% on Wednesday, hitting $102.101. 1,961,370 shares of the company were exchanged. The stock has a market capitalization of $157.59 billion, a P/E ratio of 18.109 and a beta of 1.40. The company has a 50 day moving average price of $105.88 and a 200-day moving average price of $109.16. Walt Disney Company has a 52 week low of $90.32 and a 52 week high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, beating 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 the consensus estimate of $14.44 billion. During the same period in the prior year, the firm posted $1.62 EPS. Walt Disney Company (The)’s revenue for the quarter was down .3% on a year-over-year basis. On average, equities analysts expect that Walt Disney Company will post $5.89 earnings per share for the current fiscal year.

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

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Several equities research analysts have commented on the stock. 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. Goldman Sachs Group, Inc. (The) reissued a “buy” rating and set a $134.00 price target on shares of Walt Disney Company (The) in a research report on Wednesday, May 10th. Deutsche Bank AG reissued a “buy” rating and set a $125.00 price target (down from $130.00) on shares of Walt Disney Company (The) in a research report on Monday, May 15th. Credit Suisse Group reissued a “buy” rating and set a $125.00 price target on shares of Walt Disney Company (The) in a research report on Sunday, May 28th. Finally, Moffett Nathanson reissued a “buy” rating on shares of Walt Disney Company (The) in a research report on Friday, June 9th. Five analysts have rated the stock with a sell rating, sixteen have issued a hold rating and seventeen have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $115.16.

In related news, Chairman Robert A. Iger sold 797,578 shares of the stock in a transaction dated 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 sale, the chairman now directly owns 1,566,484 shares of the company’s stock, valued at approximately $164,621,803.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Maria Elena Lagomasino acquired 976 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The shares were purchased at an average cost of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the transaction, the director now directly owns 7,513 shares in the company, valued at approximately $768,880.42. The disclosure for this purchase can be found here. Corporate insiders own 13.00% 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.

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

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