Brown Advisory Securities LLC raised its stake in Walt Disney Company (The) (NYSE:DIS) by 0.8% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 29,036 shares of the entertainment giant’s stock after buying an additional 230 shares during the period. Brown Advisory Securities LLC’s holdings in Walt Disney Company (The) were worth $3,295,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Banco Santander S.A. purchased a new position in Walt Disney Company (The) during the fourth quarter valued at $4,931,000. AQR Capital Management LLC increased its position in Walt Disney Company (The) by 12.6% in the fourth quarter. AQR Capital Management LLC now owns 564,400 shares of the entertainment giant’s stock valued at $58,822,000 after buying an additional 63,333 shares during the period. HCR Wealth Advisors purchased a new position in Walt Disney Company (The) during the fourth quarter valued at $2,625,000. Ladenburg Thalmann Financial Services Inc. increased its position in Walt Disney Company (The) by 8.8% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 246,959 shares of the entertainment giant’s stock valued at $25,690,000 after buying an additional 20,040 shares during the period. Finally, Congress Asset Management Co. MA purchased a new position in Walt Disney Company (The) during the fourth quarter valued at $50,915,000. 62.42% of the stock is currently owned by institutional investors and hedge funds.

Shares of Walt Disney Company (DIS) traded down 0.88% during mid-day trading on Thursday, hitting $101.93. 2,068,873 shares of the company were exchanged. The company has a market capitalization of $159.21 billion, a price-to-earnings ratio of 18.08 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 firm has a 50 day moving average of $106.24 and a 200 day moving average of $109.34. Walt Disney Company (The) also saw unusually large options trading on Monday. Stock traders acquired 26,917 put options on the stock. This represents an increase of 352% compared to the average volume of 5,955 put options.

Walt Disney Company (The) (NYSE:DIS) last released its quarterly earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share for the quarter, topping the Thomson Reuters’ 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 19.57% and a net margin of 16.22%. The business’s quarterly revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.62 earnings per share. Equities research analysts forecast that Walt Disney Company will post $5.90 earnings per share for the current year.

The business also recently disclosed a Semi-Annual dividend, which was paid on Thursday, July 27th. Investors 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 is currently 27.56%.

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Several research analysts have recently weighed in on the stock. BMO Capital Markets reissued an “underperform” rating and issued a $90.00 target price (down from $95.00) on shares of Walt Disney Company (The) in a research report on Thursday. Cowen and Company reaffirmed a “hold” rating and set a $95.00 price objective on shares of Walt Disney Company (The) in a research report on Thursday. Wells Fargo & Company reaffirmed a “market perform” rating and set a $109.00 price objective on shares of Walt Disney Company (The) in a research report on Thursday. Goldman Sachs Group, Inc. (The) set a $133.00 price objective on shares of Walt Disney Company (The) and gave the company a “buy” rating in a research report on Wednesday. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $110.00 price objective on shares of Walt Disney Company (The) in a research report on Wednesday. Six equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and sixteen have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $115.58.

In related news, Chairman Robert A. Iger sold 797,578 shares of Walt Disney Company (The) stock in a transaction that occurred 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 transaction, the chairman now directly owns 1,566,484 shares of the company’s stock, valued at $164,621,803.56. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.38% of the stock is owned by insiders.

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.

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Institutional Ownership by Quarter for Walt Disney Company (The) (NYSE:DIS)

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