Schwab Charles Investment Management Inc. raised its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 4.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,707,552 shares of the entertainment giant’s stock after buying an additional 185,290 shares during the period. Schwab Charles Investment Management Inc.’s holdings in Walt Disney Company (The) were worth $533,790,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Norges Bank bought a new position in shares of Walt Disney Company (The) during the fourth quarter valued at $1,507,183,000. Fisher Asset Management LLC boosted its position in shares of Walt Disney Company (The) by 1.2% in the first quarter. Fisher Asset Management LLC now owns 8,846,672 shares of the entertainment giant’s stock valued at $1,003,124,000 after buying an additional 101,808 shares during the period. Parnassus Investments CA boosted its position in shares of Walt Disney Company (The) by 0.4% in the first quarter. Parnassus Investments CA now owns 5,823,364 shares of the entertainment giant’s stock valued at $638,073,000 after buying an additional 20,641 shares during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its position in shares of Walt Disney Company (The) by 0.4% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,441,017 shares of the entertainment giant’s stock valued at $503,567,000 after buying an additional 18,753 shares during the period. Finally, Teachers Advisors LLC boosted its position in shares of Walt Disney Company (The) by 33.5% in the fourth quarter. Teachers Advisors LLC now owns 3,553,068 shares of the entertainment giant’s stock valued at $370,301,000 after buying an additional 892,390 shares during the period. Institutional investors and hedge funds own 62.42% of the company’s stock.

Walt Disney Company (NYSE:DIS) traded up 0.39% during mid-day trading on Friday, reaching $101.75. The company had a trading volume of 2,119,424 shares. The company has a market capitalization of $157.05 billion, a PE ratio of 18.05 and a beta of 1.40. The firm has a 50-day moving average of $106.14 and a 200 day moving average of $109.28. Walt Disney Company has a 1-year low of $90.32 and a 1-year 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 for the quarter, beating the Zacks’ consensus estimate of $1.53 by $0.05. The business had revenue of $14.24 billion during the quarter, compared to analyst estimates of $14.44 billion. Walt Disney Company (The) had a return on equity of 19.69% and a net margin of 16.22%. Walt Disney Company (The)’s revenue was down .3% on a year-over-year basis. During the same period in the previous year, the company posted $1.62 EPS. On average, analysts predict that Walt Disney Company will post $5.90 earnings per share for the current fiscal year.

The company also recently announced a Semi-Annual dividend, which was paid on Thursday, July 27th. Shareholders 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 presently 27.56%.

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

In other Walt Disney Company (The) news, Chairman Robert A. Iger sold 797,578 shares of Walt Disney Company (The) stock in a transaction on Friday, June 9th. The stock was sold at an average price of $105.09, for a total transaction of $83,817,472.02. Following the completion of 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 filing with the SEC, which is available at the SEC website. 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.

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

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