Trillium Asset Management LLC decreased its position in Walt Disney Company (The) (NYSE:DIS) by 11.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,118 shares of the entertainment giant’s stock after selling 421 shares during the period. Trillium Asset Management LLC’s holdings in Walt Disney Company (The) were worth $354,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in DIS. Paradigm Financial Advisors LLC bought a new stake in Walt Disney Company (The) during the first quarter worth approximately $205,000. Boltwood Capital Management increased its stake in Walt Disney Company (The) by 7.1% in the first quarter. Boltwood Capital Management now owns 25,237 shares of the entertainment giant’s stock worth $2,861,000 after buying an additional 1,675 shares during the period. Trust Co increased its stake in Walt Disney Company (The) by 9.5% in the fourth quarter. Trust Co now owns 29,505 shares of the entertainment giant’s stock worth $3,075,000 after buying an additional 2,553 shares during the period. 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 worth $878,000 after buying an additional 50 shares during the period. Finally, CENTRAL TRUST Co increased its stake in Walt Disney Company (The) by 7.2% in the first quarter. CENTRAL TRUST Co now owns 100,460 shares of the entertainment giant’s stock worth $11,391,000 after buying an additional 6,716 shares during the period. Institutional investors own 61.46% of the company’s stock.

Walt Disney Company (NYSE:DIS) traded down 0.13% during midday trading on Tuesday, hitting $102.43. 810,249 shares of the stock traded hands. Walt Disney Company has a 12-month low of $90.32 and a 12-month high of $116.10. The stock has a market capitalization of $158.10 billion, a PE ratio of 18.17 and a beta of 1.40. The firm’s 50 day moving average is $104.96 and its 200-day moving average is $108.67.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings data 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 company had revenue of $14.24 billion for the quarter, compared to analysts’ expectations 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 for the quarter was down .3% compared to the same quarter last year. During the same period last year, the firm posted $1.62 EPS. On average, analysts anticipate that Walt Disney Company will post $5.88 EPS for the current fiscal year.

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DIS has been the topic of a number of research reports. Wells Fargo & Company reiterated a “market perform” rating and issued a $111.00 target price on shares of Walt Disney Company (The) in a report on Wednesday, May 10th. Jefferies Group LLC reiterated a “hold” rating and issued a $110.00 target price on shares of Walt Disney Company (The) in a report on Wednesday, May 10th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a $134.00 target price on shares of Walt Disney Company (The) in a report on Wednesday, May 10th. Rosenblatt Securities boosted their target price on shares of Walt Disney Company (The) from $120.00 to $125.00 and gave the stock a “neutral” rating in a report on Monday, May 8th. Finally, Vetr downgraded shares of Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $110.54 target price on the stock. in a report on Thursday, July 27th. Five investment analysts have rated the stock with a sell rating, seventeen have given a hold rating and sixteen have issued a buy rating to the company’s stock. Walt Disney Company (The) has an average rating of “Hold” and a consensus target price of $114.61.

In related news, Chairman Robert A. Iger sold 797,578 shares of the firm’s stock in a transaction dated 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 transaction, 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 SEC, which is accessible through this link. Also, Director Maria Elena Lagomasino acquired 976 shares of the firm’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 acquisition, the director now owns 7,513 shares in the company, valued at approximately $768,880.42. The disclosure for this purchase can be found here. Company insiders own 13.00% of the company’s stock.

About Walt Disney Company (The)

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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