Atalanta Sosnoff Capital LLC decreased its position in Walt Disney Company (The) (NYSE:DIS) by 2.9% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 388,120 shares of the entertainment giant’s stock after selling 11,757 shares during the period. Walt Disney Company (The) makes up 1.5% of Atalanta Sosnoff Capital LLC’s holdings, making the stock its 28th largest position. Atalanta Sosnoff Capital LLC’s holdings in Walt Disney Company (The) were worth $41,237,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of DIS. BTIM Corp. boosted its position in Walt Disney Company (The) by 7.3% in the second quarter. BTIM Corp. now owns 17,744 shares of the entertainment giant’s stock worth $1,885,000 after buying an additional 1,205 shares during the period. Sit Investment Associates Inc. boosted its position in Walt Disney Company (The) by 40.3% in the second quarter. Sit Investment Associates Inc. now owns 295,115 shares of the entertainment giant’s stock worth $31,356,000 after buying an additional 84,815 shares during the period. Patten & Patten Inc. TN boosted its position in Walt Disney Company (The) by 0.3% in the second quarter. Patten & Patten Inc. TN now owns 23,494 shares of the entertainment giant’s stock worth $2,496,000 after buying an additional 75 shares during the period. First Quadrant L P CA boosted its position in Walt Disney Company (The) by 7.1% in the second quarter. First Quadrant L P CA now owns 90,020 shares of the entertainment giant’s stock worth $9,565,000 after buying an additional 6,005 shares during the period. Finally, Aperio Group LLC boosted its position in Walt Disney Company (The) by 3.1% in the second quarter. Aperio Group LLC now owns 882,362 shares of the entertainment giant’s stock worth $93,751,000 after buying an additional 26,841 shares during the period. 62.42% of the stock is currently owned by institutional investors and hedge funds.

Shares of Walt Disney Company (NYSE DIS) traded down 0.909% during mid-day trading on Thursday, reaching $101.895. 4,954,871 shares of the company’s stock traded hands. The firm has a 50-day moving average price of $106.24 and a 200-day moving average price of $109.34. Walt Disney Company has a 1-year low of $90.32 and a 1-year high of $116.10. The company has a market capitalization of $159.16 billion, a P/E ratio of 18.073 and a beta of 1.40. Walt Disney Company (The) also was the target of some unusual options trading on Monday. Investors purchased 26,917 put options on the stock. This represents an increase of 352% compared to the typical volume of 5,955 put options.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.53 by $0.05. The business had revenue of $14.24 billion during the quarter, compared to analyst estimates of $14.44 billion. Walt Disney Company (The) had a return on equity of 19.57% and a net margin of 16.22%. The firm’s revenue was down .3% on a year-over-year basis. During the same period in the previous year, the company earned $1.62 EPS. On average, equities research analysts forecast that Walt Disney Company will post $5.90 earnings per share for the current fiscal year.

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

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

In other news, Chairman Robert A. Iger sold 797,578 shares of Walt Disney Company (The) 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 completion of the sale, the chairman now directly owns 1,566,484 shares in the company, valued at approximately $164,621,803.56. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 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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