iAB Financial Bank lifted its stake in Walt Disney Company (The) (NYSE:DIS) by 15.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,479 shares of the entertainment giant’s stock after purchasing an additional 1,264 shares during the period. iAB Financial Bank’s holdings in Walt Disney Company (The) were worth $1,007,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. State Street Corp lifted its position in shares of Walt Disney Company (The) by 0.7% in the 1st quarter. State Street Corp now owns 67,739,871 shares of the entertainment giant’s stock worth $7,681,023,000 after purchasing an additional 456,053 shares during the period. Legal & General Group Plc lifted its position in Walt Disney Company (The) by 5.3% during the 2nd quarter. Legal & General Group Plc now owns 7,885,053 shares of the entertainment giant’s stock valued at $837,761,000 after acquiring an additional 394,012 shares during the period. Clearbridge Investments LLC lifted its position in Walt Disney Company (The) by 2.0% during the 1st quarter. Clearbridge Investments LLC now owns 7,623,125 shares of the entertainment giant’s stock valued at $864,386,000 after acquiring an additional 150,316 shares during the period. Parnassus Investments CA lifted its position in Walt Disney Company (The) by 0.4% during the 1st quarter. Parnassus Investments CA now owns 5,823,364 shares of the entertainment giant’s stock valued at $638,073,000 after acquiring an additional 20,641 shares during the period. Finally, Schwab Charles Investment Management Inc. lifted its position in Walt Disney Company (The) by 5.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 4,958,719 shares of the entertainment giant’s stock valued at $526,864,000 after acquiring an additional 251,167 shares during the period. 61.37% of the stock is owned by hedge funds and other institutional investors.

DIS has been the subject of a number of recent research reports. BidaskClub raised shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research raised shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. Piper Jaffray Companies set a $130.00 price target on shares of Walt Disney Company (The) and gave the company a “buy” rating in a research report on Tuesday, August 22nd. Vetr raised shares of Walt Disney Company (The) from a “buy” rating to a “strong-buy” rating and set a $110.51 price target for the company in a research report on Wednesday, October 11th. Finally, Barclays PLC lowered their price target on shares of Walt Disney Company (The) from $98.00 to $94.00 and set an “equal weight” rating for the company in a research report on Friday, October 13th. Four analysts have rated the stock with a sell rating, sixteen have issued a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $112.91.

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Shares of Walt Disney Company (NYSE DIS) opened at $104.78 on Friday. The stock has a market cap of $161,725.94, a price-to-earnings ratio of 18.38, a P/E/G ratio of 2.26 and a beta of 1.37. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.93 and a current ratio of 1.00. Walt Disney Company has a 12 month low of $95.78 and a 12 month high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last released its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.05). Walt Disney Company (The) had a net margin of 16.29% and a return on equity of 19.46%. The business had revenue of $12.78 billion for the quarter, compared to analysts’ expectations of $13.30 billion. During the same period in the previous year, the company earned $1.10 EPS. Walt Disney Company (The)’s revenue for the quarter was down 2.8% compared to the same quarter last year. equities analysts forecast that Walt Disney Company will post 6.26 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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