Rhumbline Advisers lifted its stake in Walt Disney Co (NYSE:DIS) by 0.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 2,696,834 shares of the entertainment giant’s stock after buying an additional 4,635 shares during the quarter. Walt Disney accounts for 0.6% of Rhumbline Advisers’ portfolio, making the stock its 27th biggest position. Rhumbline Advisers’ holdings in Walt Disney were worth $282,655,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Trilogy Capital Inc. purchased a new position in Walt Disney during the 1st quarter valued at about $107,000. Live Your Vision LLC increased its stake in Walt Disney by 91.6% during the 2nd quarter. Live Your Vision LLC now owns 1,046 shares of the entertainment giant’s stock valued at $113,000 after purchasing an additional 500 shares in the last quarter. BDO Wealth Advisors LLC increased its stake in Walt Disney by 184.3% during the 1st quarter. BDO Wealth Advisors LLC now owns 1,140 shares of the entertainment giant’s stock valued at $114,000 after purchasing an additional 739 shares in the last quarter. Bruderman Asset Management LLC bought a new stake in Walt Disney during the 1st quarter valued at about $116,000. Finally, Marshall & Sullivan Inc. WA bought a new stake in Walt Disney during the 2nd quarter valued at about $121,000. 63.00% of the stock is owned by hedge funds and other institutional investors.

Shares of DIS stock opened at $110.40 on Friday. Walt Disney Co has a 52 week low of $96.80 and a 52 week high of $117.90. The company has a market capitalization of $164.19 billion, a PE ratio of 19.37, a P/E/G ratio of 1.46 and a beta of 1.31. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.88 and a quick ratio of 0.81.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Tuesday, August 7th. The entertainment giant reported $1.87 EPS for the quarter, missing analysts’ consensus estimates of $1.97 by ($0.10). Walt Disney had a return on equity of 21.37% and a net margin of 20.76%. The company had revenue of $15.23 billion during the quarter, compared to the consensus estimate of $15.49 billion. During the same quarter in the prior year, the firm earned $1.58 earnings per share. equities research analysts anticipate that Walt Disney Co will post 6.92 EPS for the current fiscal year.

A number of analysts have weighed in on the stock. Pivotal Research restated a “sell” rating and set a $95.00 price objective on shares of Walt Disney in a research note on Sunday. Zacks Investment Research upgraded shares of Walt Disney from a “sell” rating to a “hold” rating in a research note on Wednesday. Royal Bank of Canada restated a “buy” rating and set a $140.00 price objective on shares of Walt Disney in a research note on Wednesday, August 8th. Imperial Capital raised their price objective on shares of Walt Disney from $108.00 to $112.00 and gave the company an “inline” rating in a research note on Wednesday, August 8th. Finally, BMO Capital Markets raised their price objective on shares of Walt Disney from $100.00 to $110.00 and gave the company a “market perform” rating in a research note on Wednesday, August 8th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and thirteen have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $119.54.

In other news, EVP Alan N. Braverman sold 140,638 shares of Walt Disney stock in a transaction that occurred on Wednesday, July 11th. The shares were sold at an average price of $107.00, for a total value of $15,048,266.00. Following the completion of the sale, the executive vice president now directly owns 160,316 shares in the company, valued at $17,153,812. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Brent Woodford sold 952 shares of Walt Disney stock in a transaction that occurred on Tuesday, September 4th. The stock was sold at an average price of $111.87, for a total transaction of $106,500.24. Following the completion of the sale, the executive vice president now owns 26,698 shares of the company’s stock, valued at $2,986,705.26. The disclosure for this sale can be found here. Insiders sold 710,954 shares of company stock valued at $80,620,932 over the last quarter. Company insiders own 0.38% of the company’s stock.

Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming services under the brand ESPN, Disney, and Freeform; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio network; and the Radio Disney network.

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

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