Harbour Capital Advisors LLC decreased its stake in Walt Disney Company (The) (NYSE:DIS) by 0.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,635 shares of the entertainment giant’s stock after selling 40 shares during the period. Harbour Capital Advisors LLC’s holdings in Walt Disney Company (The) were worth $1,546,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of DIS. HM Capital Management LLC increased its position in shares of 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 last quarter. Fox Run Management L.L.C. acquired a new position in shares of Walt Disney Company (The) during the first quarter valued at approximately $1,270,000. Triangle Securities Wealth Management increased its position in shares of Walt Disney Company (The) by 0.5% in the first quarter. Triangle Securities Wealth Management now owns 28,049 shares of the entertainment giant’s stock valued at $3,180,000 after buying an additional 135 shares during the last quarter. Kentucky Retirement Systems acquired a new position in shares of Walt Disney Company (The) during the fourth quarter valued at approximately $11,073,000. Finally, Kentucky Retirement Systems Insurance Trust Fund acquired a new position in shares of Walt Disney Company (The) during the fourth quarter valued at approximately $4,940,000. 62.42% of the stock is owned by hedge funds and other institutional investors.

Shares of 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 firm has a market cap of $157.42 billion, a P/E ratio of 18.09 and a beta of 1.40. The stock’s 50 day moving average is $106.08 and its 200 day moving average is $109.24. Walt Disney Company has a one year low of $90.32 and a one year high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last released its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a return on equity of 19.69% and a net margin of 16.22%. The business had revenue of $14.24 billion for the quarter, compared to the consensus estimate of $14.44 billion. During the same period in the previous year, the company posted $1.62 earnings per share. The company’s revenue for the quarter was down .3% compared to the same quarter last year. On average, equities analysts forecast that Walt Disney Company will post $5.90 EPS for the current fiscal year.

The business also recently announced a Semi-Annual dividend, which was paid on Thursday, July 27th. Shareholders of record on Monday, July 10th were issued 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 27.56%.

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DIS has been the subject of several research analyst reports. BidaskClub raised Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Credit Suisse Group reissued a “buy” rating and set a $125.00 target price on shares of Walt Disney Company (The) in a research note on Sunday, May 28th. Morgan Stanley boosted their target price on Walt Disney Company (The) from $124.00 to $130.00 and gave the stock an “overweight” rating in a research note on Thursday, April 20th. Goldman Sachs Group, Inc. (The) reissued a “conviction-buy” rating and set a $138.00 target price on shares of Walt Disney Company (The) in a research note on Wednesday, April 26th. Finally, Deutsche Bank AG reissued a “buy” rating and set a $125.00 target price (down previously from $130.00) on shares of Walt Disney Company (The) in a research note on Monday, May 15th. Five investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and seventeen have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $115.19.

In other Walt Disney Company (The) news, Chairman Robert A. Iger sold 797,578 shares of the business’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 directly owns 1,566,484 shares of the company’s stock, valued at $164,621,803.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Maria Elena Lagomasino bought 976 shares of the company’s stock in a transaction on Thursday, August 10th. The stock was bought at an average cost of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the acquisition, the director now directly owns 7,513 shares of the company’s stock, valued at approximately $768,880.42. The disclosure for this purchase can be found here. Insiders own 0.38% of the company’s stock.

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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