Clarkston Capital Partners LLC grew its position in Walt Disney Company (The) (NYSE:DIS) by 0.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,725 shares of the entertainment giant’s stock after buying an additional 604 shares during the period. Clarkston Capital Partners LLC’s holdings in Walt Disney Company (The) were worth $8,683,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. HM Capital Management LLC grew its stake in shares of Walt Disney Company (The) by 0.5% in the 1st 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 period. Fox Run Management L.L.C. purchased a new stake in shares of Walt Disney Company (The) in the 1st quarter valued at approximately $1,270,000. State Treasurer State of Michigan grew its stake in shares of Walt Disney Company (The) by 73.3% in the 1st quarter. State Treasurer State of Michigan now owns 1,355,053 shares of the entertainment giant’s stock valued at $153,649,000 after buying an additional 573,000 shares during the period. Mutual of America Capital Management LLC grew its stake in shares of Walt Disney Company (The) by 1.4% in the 1st quarter. Mutual of America Capital Management LLC now owns 175,248 shares of the entertainment giant’s stock valued at $19,871,000 after buying an additional 2,351 shares during the period. Finally, Clearbridge Investments LLC grew its stake in shares of Walt Disney Company (The) by 2.0% in the 1st quarter. Clearbridge Investments LLC now owns 7,623,125 shares of the entertainment giant’s stock valued at $864,386,000 after buying an additional 150,316 shares during the period. 61.48% of the stock is owned by institutional investors and hedge funds.

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Shares of Walt Disney Company (DIS) traded up 0.5369% during midday trading on Friday, reaching $98.4256. 5,805,709 shares of the company traded hands. The company has a 50 day moving average of $102.91 and a 200 day moving average of $107.75. Walt Disney Company has a 12 month low of $90.32 and a 12 month high of $116.10. The firm has a market capitalization of $151.92 billion, a P/E ratio of 17.4575 and a beta of 1.42.

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 the consensus estimate of $1.53 by $0.05. The firm had revenue of $14.24 billion for the quarter, compared to analysts’ expectations of $14.44 billion. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The firm’s quarterly revenue was down .3% on a year-over-year basis. During the same period in the prior year, the company posted $1.62 earnings per share. On average, equities research analysts predict that Walt Disney Company will post $5.82 earnings per share for the current fiscal year.

In related news, Director Maria Elena Lagomasino purchased 976 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The shares were purchased at an average cost of $102.34 per share, with a total value 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.38% of the company’s stock.

DIS has been the subject of several analyst reports. Piper Jaffray Companies reissued an “overweight” rating and issued a $130.00 price target on shares of Walt Disney Company (The) in a research note on Friday, May 19th. BMO Capital Markets reissued a “sell” rating and issued a $95.00 price target on shares of Walt Disney Company (The) in a research note on Friday, May 19th. Goldman Sachs Group, Inc. (The) set a $134.00 price target on shares of Walt Disney Company (The) and gave the company a “buy” rating in a research note on Saturday, May 20th. Wells Fargo & Company reaffirmed a “market perform” rating and set a $111.00 price objective on shares of Walt Disney Company (The) in a research report on Thursday, May 25th. Finally, Credit Suisse Group reaffirmed a “buy” rating and set a $125.00 price objective on shares of Walt Disney Company (The) in a research report on Sunday, May 28th. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and twenty-one have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $113.98.

Walt Disney Company (The) 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.

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

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