Atria Investments LLC reduced its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 0.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 25,158 shares of the entertainment giant’s stock after selling 212 shares during the quarter. Atria Investments LLC’s holdings in Walt Disney Company (The) were worth $2,673,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Sumitomo Mitsui Financial Group Inc. purchased a new stake in shares of Walt Disney Company (The) in the first quarter valued at approximately $144,000. Feltz Wealth PLAN Inc. purchased a new stake in shares of Walt Disney Company (The) in the first quarter valued at approximately $173,000. Paragon Capital Management Ltd purchased a new stake in shares of Walt Disney Company (The) in the first quarter valued at approximately $200,000. Evanson Asset Management LLC increased its position in shares of Walt Disney Company (The) by 5.3% in the second quarter. Evanson Asset Management LLC now owns 2,070 shares of the entertainment giant’s stock valued at $220,000 after buying an additional 104 shares in the last quarter. Finally, Doyle Wealth Management purchased a new stake in shares of Walt Disney Company (The) in the first quarter valued at approximately $227,000. Institutional investors own 61.38% of the company’s stock.

In other Walt Disney Company (The) news, Director Maria Elena Lagomasino acquired 976 shares of Walt Disney Company (The) stock in a transaction dated Thursday, August 10th. The stock was acquired at an average cost of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the transaction, the director now owns 7,513 shares in the company, valued at approximately $768,880.42. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.38% of the stock is currently owned by corporate insiders.

Walt Disney Company (NYSE:DIS) traded down 0.03% during mid-day trading on Friday, reaching $98.86. The company’s stock had a trading volume of 2,568,442 shares. The firm has a 50-day moving average of $101.91 and a 200-day moving average of $107.44. The stock has a market capitalization of $152.59 billion, a price-to-earnings ratio of 17.53 and a beta of 1.42. Walt Disney Company has a 52 week low of $90.32 and a 52 week high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last posted its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.53 by $0.05. The company had revenue of $14.24 billion during 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%. The business’s revenue was down .3% compared to the same quarter last year. During the same period in the prior year, the company earned $1.62 earnings per share. On average, equities research analysts expect that Walt Disney Company will post $5.81 earnings per share for the current year.

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DIS has been the subject of a number of recent analyst reports. Wells Fargo & Company restated a “market perform” rating and issued a $111.00 price objective on shares of Walt Disney Company (The) in a research report on Thursday, May 25th. Credit Suisse Group reiterated a “buy” rating and set a $125.00 price target on shares of Walt Disney Company (The) in a research report on Sunday, May 28th. Moffett Nathanson reissued a “buy” rating on shares of Walt Disney Company (The) in a research note on Friday, June 9th. Royal Bank Of Canada set a $130.00 price objective on Walt Disney Company (The) and gave the stock a “buy” rating in a research note on Monday, June 12th. Finally, Morgan Stanley reissued an “overweight” rating and set a $130.00 price objective on shares of Walt Disney Company (The) in a research note on Wednesday, June 21st. Four analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twenty-one have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target 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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