Welch Group LLC lowered its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 1.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,503 shares of the entertainment giant’s stock after selling 48 shares during the quarter. Welch Group LLC’s holdings in Walt Disney Company (The) were worth $266,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of DIS. Harbour Capital Advisors LLC grew its position in Walt Disney Company (The) by 10,076.9% during the second quarter. Harbour Capital Advisors LLC now owns 1,387,625 shares of the entertainment giant’s stock worth $13,060,000 after buying an additional 1,373,990 shares in the last quarter. Canada Pension Plan Investment Board grew its position in Walt Disney Company (The) by 8,245.5% during the first quarter. Canada Pension Plan Investment Board now owns 670,726 shares of the entertainment giant’s stock worth $76,054,000 after buying an additional 662,689 shares in the last quarter. AQR Capital Management LLC grew its position in Walt Disney Company (The) by 111.0% during the first quarter. AQR Capital Management LLC now owns 1,190,645 shares of the entertainment giant’s stock worth $135,008,000 after buying an additional 626,245 shares in the last quarter. State Treasurer State of Michigan grew its position in Walt Disney Company (The) by 73.3% during the first quarter. State Treasurer State of Michigan now owns 1,355,053 shares of the entertainment giant’s stock worth $153,649,000 after buying an additional 573,000 shares in the last quarter. Finally, Scopus Asset Management L.P. boosted its holdings in shares of Walt Disney Company (The) by 275.0% in the 1st quarter. Scopus Asset Management L.P. now owns 750,000 shares of the entertainment giant’s stock valued at $85,043,000 after purchasing an additional 550,000 shares in the last quarter. 61.06% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have weighed in on DIS shares. BidaskClub raised Walt Disney Company (The) from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Credit Suisse Group reaffirmed an “outperform” rating and issued a $125.00 target price on shares of Walt Disney Company (The) in a report on Tuesday, July 25th. Vetr downgraded 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. Piper Jaffray Companies set a $130.00 target price on Walt Disney Company (The) and gave the company a “buy” rating in a report on Wednesday, August 9th. Finally, FBR & Co reduced their target price on Walt Disney Company (The) from $114.00 to $112.00 and set a “market perform” rating on the stock in a report on Wednesday, August 9th. Four investment analysts have rated the stock with a sell rating, seventeen have given a hold rating and seventeen have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $112.79.

Walt Disney Company (DIS) opened at $104.74 on Tuesday. Walt Disney Company has a 12 month low of $96.20 and a 12 month high of $116.10. The firm has a market capitalization of $161,725.94, a P/E ratio of 18.38, a PEG ratio of 2.30 and a beta of 1.37. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42.

Walt Disney Company (The) (NYSE:DIS) last announced its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). Walt Disney Company (The) had a return on equity of 19.66% and a net margin of 16.29%. The business had revenue of $12.78 billion during the quarter, compared to analysts’ expectations of $13.30 billion. During the same quarter in the previous year, the firm earned $1.10 EPS. Walt Disney Company (The)’s quarterly revenue was down 2.8% on a year-over-year basis. research analysts forecast that Walt Disney Company will post 6.26 earnings per share for the current fiscal year.

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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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