Kidder Stephen W maintained its stake in Walt Disney Company (The) (NYSE:DIS) during the first quarter, Holdings Channel reports. The institutional investor owned 3,266 shares of the entertainment giant’s stock at the end of the first quarter. Kidder Stephen W’s holdings in Walt Disney Company (The) were worth $370,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the company. Thomas J. Herzfeld Advisors Inc. purchased a new stake in Walt Disney Company (The) during the fourth quarter worth approximately $110,000. Sumitomo Mitsui Financial Group Inc. bought a new stake in shares of Walt Disney Company (The) during the first quarter worth about $144,000. Feltz Wealth PLAN Inc. bought a new stake in shares of Walt Disney Company (The) during the first quarter worth about $173,000. Cordasco Financial Network raised its stake in shares of Walt Disney Company (The) by 2.4% in the first quarter. Cordasco Financial Network now owns 1,549 shares of the entertainment giant’s stock worth $176,000 after buying an additional 37 shares during the period. Finally, Paragon Capital Management Ltd bought a new stake in shares of Walt Disney Company (The) during the first quarter worth about $200,000. Institutional investors own 62.42% of the company’s stock.

Walt Disney Company (NYSE DIS) traded up 0.63% during trading on Friday, reaching $101.99. The company’s stock had a trading volume of 9,410,408 shares. The stock has a 50 day moving average price of $106.08 and a 200 day moving average price of $109.24. The stock has a market capitalization of $157.42 billion, a PE ratio of 18.09 and a beta of 1.40. Walt Disney Company has a 1-year low of $90.32 and a 1-year high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last posted its quarterly earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.05. The company had revenue of $14.24 billion for the quarter, compared to analyst estimates of $14.44 billion. Walt Disney Company (The) had a return on equity of 19.69% and a net margin of 16.22%. Walt Disney Company (The)’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter last year, the company earned $1.62 EPS. Analysts anticipate that Walt Disney Company will post $5.90 earnings per share for the current fiscal year.

The business also recently declared a Semi-Annual dividend, which was paid on Thursday, July 27th. Shareholders of record on Monday, July 10th were given 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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A number of brokerages have issued reports on DIS. Zacks Investment Research lowered shares of Walt Disney Company (The) from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Macquarie reaffirmed a “neutral” rating on shares of Walt Disney Company (The) in a report on Wednesday, May 10th. Morgan Stanley reaffirmed an “overweight” rating and set a $130.00 price objective on shares of Walt Disney Company (The) in a report on Wednesday, June 21st. Wells Fargo & Company reaffirmed a “market perform” rating and set a $111.00 price objective on shares of Walt Disney Company (The) in a report on Wednesday, May 10th. Finally, BidaskClub lowered shares of Walt Disney Company (The) from a “hold” rating to a “sell” rating in a report on Sunday, July 16th. Five research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and seventeen have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $115.19.

In related news, Director Maria Elena Lagomasino purchased 976 shares of Walt Disney Company (The) stock in a transaction on Thursday, August 10th. The shares were bought at an average price of $102.34 per share, with a total value of $99,883.84. Following the transaction, the director now directly owns 7,513 shares of the company’s stock, valued at $768,880.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Robert A. Iger sold 797,578 shares of the stock in a transaction dated 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 completion of the sale, the chairman now directly owns 1,566,484 shares in the company, valued at approximately $164,621,803.56. The disclosure for this sale can be found here. 0.38% of the stock is owned by company 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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