Signaturefd LLC boosted its position in Walt Disney Company (The) (NYSE:DIS) by 6.5% during the first quarter, Holdings Channel reports. The institutional investor owned 9,354 shares of the entertainment giant’s stock after buying an additional 571 shares during the period. Signaturefd LLC’s holdings in Walt Disney Company (The) were worth $1,061,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Thomas J. Herzfeld Advisors Inc. purchased a new stake in shares of Walt Disney Company (The) during the fourth quarter worth about $110,000. Sumitomo Mitsui Financial Group Inc. purchased a new stake in shares of Walt Disney Company (The) during the first quarter worth about $144,000. Feltz Wealth PLAN Inc. purchased a new stake in shares of Walt Disney Company (The) during the first quarter worth about $173,000. Cordasco Financial Network boosted its stake in shares of 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 worth $176,000 after buying an additional 37 shares in the last quarter. Finally, Paragon Capital Management Ltd purchased a new stake in shares of Walt Disney Company (The) during the first quarter worth about $200,000. Institutional investors own 62.42% of the company’s stock.

Shares of Walt Disney Company (DIS) traded up 0.63% during mid-day trading on Friday, reaching $101.99. The company’s stock had a trading volume of 9,410,408 shares. The firm has a market cap of $157.42 billion, a price-to-earnings ratio of 18.09 and a beta of 1.40. Walt Disney Company has a 12 month low of $90.32 and a 12 month high of $116.10. The company’s 50-day moving average is $106.08 and its 200 day moving average is $109.24.

Walt Disney Company (The) (NYSE:DIS) last released its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $14.24 billion for the quarter, compared to analysts’ expectations of $14.44 billion. During the same quarter in the previous year, the company earned $1.62 earnings per share. The company’s revenue for the quarter was down .3% compared to the same quarter last year. On average, equities analysts anticipate that Walt Disney Company will post $5.90 EPS for the current year.

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

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A number of equities research analysts have recently issued reports on the company. Zacks Investment Research cut Walt Disney Company (The) from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Macquarie restated a “neutral” rating on shares of Walt Disney Company (The) in a report on Wednesday, May 10th. Morgan Stanley restated an “overweight” rating and set a $130.00 price objective on shares of Walt Disney Company (The) in a report on Wednesday, June 21st. Wells Fargo & Company restated a “market perform” rating and set a $111.00 price objective on shares of Walt Disney Company (The) in a report on Wednesday, May 10th. Finally, BidaskClub cut Walt Disney Company (The) from a “hold” rating to a “sell” rating in a report on Sunday, July 16th. 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. Walt Disney Company (The) currently has a consensus rating of “Hold” and an average target price of $115.19.

In other news, Director Maria Elena Lagomasino acquired 976 shares of the firm’s stock in a transaction on Thursday, August 10th. The shares were purchased at an average price of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the transaction, the director now owns 7,513 shares of the company’s stock, valued at $768,880.42. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Chairman Robert A. Iger sold 797,578 shares of the business’s 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 completion of the transaction, the chairman now owns 1,566,484 shares in the company, valued at approximately $164,621,803.56. The disclosure for this sale can be found here. 0.38% of the stock is currently owned by insiders.

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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