KAMES CAPITAL plc decreased its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 3.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 6,771 shares of the entertainment giant’s stock after selling 207 shares during the period. KAMES CAPITAL plc’s holdings in Walt Disney Company (The) were worth $719,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Sumitomo Mitsui Financial Group Inc. bought a new stake in shares of Walt Disney Company (The) during the 1st quarter worth about $144,000. Feltz Wealth PLAN Inc. bought a new stake in shares of Walt Disney Company (The) during the 1st quarter worth about $173,000. Paragon Capital Management Ltd bought a new stake in shares of Walt Disney Company (The) during the 1st quarter worth about $200,000. Doyle Wealth Management bought a new stake in shares of Walt Disney Company (The) during the 1st quarter worth about $227,000. Finally, Milestone Group Inc. boosted its holdings in shares of Walt Disney Company (The) by 6.0% during the 1st quarter. Milestone Group Inc. now owns 2,100 shares of the entertainment giant’s stock worth $238,000 after buying an additional 119 shares during the period. 61.48% of the stock is owned by institutional investors and hedge funds.

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Walt Disney Company (DIS) traded up 0.63% during midday trading on Friday, hitting $98.52. 23,870,293 shares of the stock were exchanged. Walt Disney Company has a 1-year low of $90.32 and a 1-year high of $116.10. The stock has a market cap of $152.06 billion, a PE ratio of 17.47 and a beta of 1.42. The company’s 50 day moving average is $102.58 and its 200-day moving average is $107.67.

Walt Disney Company (The) (NYSE:DIS) last issued its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The firm had revenue of $14.24 billion for the quarter, compared to analysts’ expectations of $14.44 billion. During the same quarter last year, the business earned $1.62 earnings per share. The business’s revenue was down .3% on a year-over-year basis. On average, analysts expect that Walt Disney Company will post $5.82 earnings per share for the current year.

Several brokerages recently commented on DIS. BMO Capital Markets reaffirmed an “underperform” rating and set a $90.00 target price (down previously from $95.00) on shares of Walt Disney Company (The) in a report on Thursday, August 10th. Loop Capital reaffirmed a “hold” rating and set a $108.00 target price on shares of Walt Disney Company (The) in a report on Thursday, August 10th. Goldman Sachs Group, Inc. (The) set a $133.00 target price on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a report on Wednesday, August 9th. Wells Fargo & Company reaffirmed a “market perform” rating and set a $109.00 target price on shares of Walt Disney Company (The) in a report on Thursday, August 10th. Finally, BidaskClub downgraded shares of Walt Disney Company (The) from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Four equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twenty-one have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $113.98.

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 acquired at an average price 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 in the company, valued at approximately $768,880.42. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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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