NS Partners Ltd cut its position in Walt Disney Company (The) (NYSE:DIS) by 0.2% during the first quarter, Holdings Channel reports. The institutional investor owned 22,731 shares of the entertainment giant’s stock after selling 44 shares during the period. NS Partners Ltd’s holdings in Walt Disney Company (The) were worth $2,577,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. CAMG Solamere Management LLC acquired a new position in shares of Walt Disney Company (The) during the fourth quarter worth about $1,736,000. Cypress Wealth Advisors LLC boosted its position in shares of Walt Disney Company (The) by 4.0% in the fourth quarter. Cypress Wealth Advisors LLC now owns 13,330 shares of the entertainment giant’s stock worth $1,389,000 after buying an additional 512 shares in the last quarter. Shepherd Financial Partners LLC acquired a new position in shares of Walt Disney Company (The) during the fourth quarter worth about $254,000. Summit Global Investments acquired a new position in shares of Walt Disney Company (The) during the fourth quarter worth about $2,482,000. Finally, United Capital Financial Advisers LLC boosted its position in shares of Walt Disney Company (The) by 20.3% in the fourth quarter. United Capital Financial Advisers LLC now owns 332,027 shares of the entertainment giant’s stock worth $34,604,000 after buying an additional 56,005 shares in the last quarter. 62.42% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Walt Disney Company (DIS) traded up 0.30% during midday trading on Friday, hitting $101.65. 2,863,964 shares of the company’s stock were exchanged. The company has a 50-day moving average of $106.14 and a 200-day moving average of $109.28. Walt Disney Company has a 52 week low of $90.32 and a 52 week high of $116.10. The firm has a market cap of $156.89 billion, a price-to-earnings ratio of 18.03 and a beta of 1.40.

Walt Disney Company (The) (NYSE:DIS) last issued its quarterly earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.53 by $0.05. The firm had revenue of $14.24 billion for the quarter, compared to the consensus estimate of $14.44 billion. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The company’s revenue for the quarter was down .3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.62 EPS. Equities research analysts expect that Walt Disney Company will post $5.90 EPS 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 given a $0.78 dividend. The ex-dividend date was Thursday, July 6th. Walt Disney Company (The)’s dividend payout ratio (DPR) is currently 27.56%.

COPYRIGHT VIOLATION WARNING: “NS Partners Ltd Sells 44 Shares of Walt Disney Company (The) (NYSE:DIS)” was first published by Daily Political and is the sole property of of Daily Political. If you are accessing this piece on another website, it was illegally copied and reposted in violation of US and international trademark and copyright laws. The original version of this piece can be read at https://www.dailypolitical.com/2017/08/11/ns-partners-ltd-sells-44-shares-of-walt-disney-company-the-nysedis.html.

A number of brokerages have issued reports on DIS. Goldman Sachs Group, Inc. (The) reissued a “conviction-buy” rating and issued a $138.00 target price on shares of Walt Disney Company (The) in a report on Wednesday, April 26th. Loop Capital cut shares of Walt Disney Company (The) from a “buy” rating to a “hold” rating and cut their target price for the stock from $115.00 to $114.44 in a report on Monday, April 24th. Pivotal Research reissued a “sell” rating and issued a $85.00 target price on shares of Walt Disney Company (The) in a report on Sunday, April 23rd. Morgan Stanley raised their target price on shares of Walt Disney Company (The) from $124.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, April 20th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Walt Disney Company (The) in a report on Tuesday, April 25th. Five analysts have rated the stock with a sell rating, sixteen have issued a hold rating and seventeen have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $115.19.

In other news, Chairman Robert A. Iger sold 797,578 shares of the business’s stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $105.09, for a total value of $83,817,472.02. Following the transaction, the chairman now owns 1,566,484 shares in the company, valued at approximately $164,621,803.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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.

Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walt Disney Company (The) (NYSE:DIS).

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

Receive News & Ratings for Walt Disney Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.