Walt Disney Company (The) (NYSE:DIS) released its earnings results on Tuesday. The entertainment giant reported $1.58 EPS for the quarter, topping the Zacks’ consensus estimate of $1.55 by $0.03, Bloomberg Earnings reports. Walt Disney Company (The) had a return on equity of 19.81% and a net margin of 16.63%. The firm had revenue of $14.24 billion during the quarter, compared to the consensus estimate of $14.44 billion. During the same quarter in the previous year, the company posted $1.62 earnings per share. The company’s revenue was down .3% compared to the same quarter last year.

Walt Disney Company (NYSE DIS) opened at 106.98 on Wednesday. The stock has a 50 day moving average price of $106.20 and a 200 day moving average price of $109.38. The firm has a market cap of $167.41 billion, a price-to-earnings ratio of 18.66 and a beta of 1.40. Walt Disney Company has a 52 week low of $90.32 and a 52 week high of $116.10. Walt Disney Company (The) also was the target of unusually large options trading on Monday. Traders purchased 26,917 put options on the stock. This represents an increase of approximately 352% compared to the typical daily volume of 5,955 put options.

The firm also recently declared a Semi-Annual dividend, which was paid on Thursday, July 27th. Stockholders of record on Monday, July 10th were paid a $0.78 dividend. The ex-dividend date of this dividend was Thursday, July 6th. Walt Disney Company (The)’s dividend payout ratio (DPR) is presently 27.18%.

In other news, Director Susan E. Arnold sold 12,143 shares of the firm’s stock in a transaction on Thursday, May 11th. The stock was sold at an average price of $109.02, for a total transaction of $1,323,829.86. Following the sale, the director now owns 48,673 shares in the company, valued at $5,306,330.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Robert A. Iger sold 797,578 shares of the firm’s stock in a transaction on Friday, June 9th. The stock was sold at an average price of $105.09, for a total value of $83,817,472.02. Following the sale, 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. 13.00% of the stock is owned by company insiders.

Large investors have recently bought and sold shares of the company. Harwood Advisory Group LLC boosted its stake in Walt Disney Company (The) by 0.6% in the second quarter. Harwood Advisory Group LLC now owns 2,071 shares of the entertainment giant’s stock valued at $220,000 after buying an additional 12 shares during the period. HM Capital Management LLC boosted its stake in Walt Disney Company (The) by 0.5% in the first quarter. HM Capital Management LLC now owns 2,690 shares of the entertainment giant’s stock valued at $305,000 after buying an additional 14 shares during the period. Tortoise Investment Management LLC boosted its stake in Walt Disney Company (The) by 0.6% in the second quarter. Tortoise Investment Management LLC now owns 2,269 shares of the entertainment giant’s stock valued at $241,000 after buying an additional 14 shares during the period. Burt Wealth Advisors boosted its stake in Walt Disney Company (The) by 0.5% in the second quarter. Burt Wealth Advisors now owns 3,182 shares of the entertainment giant’s stock valued at $338,000 after buying an additional 15 shares during the period. Finally, Barton Investment Management boosted its stake in Walt Disney Company (The) by 0.3% in the first quarter. Barton Investment Management now owns 7,732 shares of the entertainment giant’s stock valued at $876,000 after buying an additional 20 shares during the period. Institutional investors and hedge funds own 62.42% of the company’s stock.

DIS has been the subject of a number of research reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Walt Disney Company (The) in a report on Tuesday, April 25th. BidaskClub raised Walt Disney Company (The) from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Goldman Sachs Group, Inc. (The) set a $138.00 target price on Walt Disney Company (The) and gave the stock a “buy” rating in a report on Tuesday, April 11th. Deutsche Bank AG reaffirmed a “buy” rating and set a $125.00 target price (down previously from $130.00) on shares of Walt Disney Company (The) in a report on Monday, May 15th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and set a $120.00 target price (down previously from $125.00) on shares of Walt Disney Company (The) in a report on Wednesday. Six equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seventeen have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $115.67.

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Walt Disney Company (The) Company 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.

Earnings History for Walt Disney Company (The) (NYSE:DIS)

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