Daiwa SB Investments Ltd. lessened its stake in Walt Disney Company (The) (NYSE:DIS) by 11.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,980 shares of the entertainment giant’s stock after selling 870 shares during the quarter. Daiwa SB Investments Ltd.’s holdings in Walt Disney Company (The) were worth $742,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in DIS. RB Capital Management LLC increased its stake in shares of Walt Disney Company (The) by 2.9% during the 2nd quarter. RB Capital Management LLC now owns 16,182 shares of the entertainment giant’s stock worth $1,719,000 after purchasing an additional 455 shares during the last quarter. Dynamic Advisors Solutions LLC increased its stake in shares of Walt Disney Company (The) by 6.5% during the 2nd quarter. Dynamic Advisors Solutions LLC now owns 19,391 shares of the entertainment giant’s stock worth $2,060,000 after purchasing an additional 1,192 shares during the last quarter. Alta Capital Management LLC increased its stake in shares of Walt Disney Company (The) by 32.3% during the 2nd quarter. Alta Capital Management LLC now owns 2,576 shares of the entertainment giant’s stock worth $273,000 after purchasing an additional 629 shares during the last quarter. Koshinski Asset Management Inc. increased its stake in shares of Walt Disney Company (The) by 96.9% during the 2nd quarter. Koshinski Asset Management Inc. now owns 15,698 shares of the entertainment giant’s stock worth $1,668,000 after purchasing an additional 7,727 shares during the last quarter. Finally, Evanson Asset Management LLC increased its stake in shares of Walt Disney Company (The) by 5.3% during the 2nd quarter. Evanson Asset Management LLC now owns 2,070 shares of the entertainment giant’s stock worth $220,000 after purchasing an additional 104 shares during the last quarter. Hedge funds and other institutional investors own 61.38% of the company’s stock.

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

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Several brokerages have recently commented on DIS. Zacks Investment Research lowered shares of Walt Disney Company (The) from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Morgan Stanley restated an “overweight” rating and set a $130.00 price target on shares of Walt Disney Company (The) in a research note on Wednesday, June 21st. Vetr lowered shares of Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $103.55 price target on the stock. in a research note on Monday, August 21st. Wells Fargo & Company restated a “buy” rating and set a $116.00 price target on shares of Walt Disney Company (The) in a research note on Wednesday. Finally, Piper Jaffray Companies set a $130.00 price target on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a research note on Tuesday, August 22nd. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and twenty-one have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $113.98.

Walt Disney Company (NYSE:DIS) traded up 0.01% during midday trading on Friday, reaching $98.90. 2,630,231 shares of the company’s stock traded hands. Walt Disney Company has a 52-week low of $90.32 and a 52-week high of $116.10. The company has a market cap of $152.65 billion, a P/E ratio of 17.54 and a beta of 1.42. The stock has a 50-day moving average of $101.91 and a 200 day moving average of $107.44.

Walt Disney Company (The) (NYSE:DIS) last issued 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. The firm had revenue of $14.24 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was down .3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.62 earnings per share. On average, analysts anticipate that Walt Disney Company will post $5.81 earnings per share for the current fiscal year.

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.

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

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