First Houston Capital Inc. decreased its holdings in shares of Walt Disney Company (The) (NYSE:DIS) by 7.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 19,300 shares of the entertainment giant’s stock after selling 1,500 shares during the quarter. Walt Disney Company (The) accounts for about 2.1% of First Houston Capital Inc.’s investment portfolio, making the stock its 23rd biggest position. First Houston Capital Inc.’s holdings in Walt Disney Company (The) were worth $2,051,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Lee Financial Co grew its stake in Walt Disney Company (The) by 7.6% in the second quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock worth $112,000 after purchasing an additional 74 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. bought a new position in Walt Disney Company (The) in the first quarter worth approximately $144,000. Allegis Investment Advisors LLC bought a new position in Walt Disney Company (The) in the second quarter worth approximately $206,000. Weybosset Research & Management LLC grew its stake in Walt Disney Company (The) by 2.6% in the second quarter. Weybosset Research & Management LLC now owns 2,000 shares of the entertainment giant’s stock worth $213,000 after purchasing an additional 50 shares in the last quarter. Finally, Anchor Capital Advisors LLC grew its stake in Walt Disney Company (The) by 1.6% in the second quarter. Anchor Capital Advisors LLC now owns 2,062 shares of the entertainment giant’s stock worth $219,000 after purchasing an additional 32 shares in the last quarter. 61.06% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Walt Disney Company (NYSE:DIS) opened at $104.78 on Monday. Walt Disney Company has a 1-year low of $95.78 and a 1-year high of $116.10. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42. The company has a market cap of $161,725.94, a PE ratio of 18.38, a PEG ratio of 2.30 and a beta of 1.37.

Walt Disney Company (The) (NYSE:DIS) last announced its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). Walt Disney Company (The) had a net margin of 16.29% and a return on equity of 19.66%. The business had revenue of $12.78 billion during the quarter, compared to analysts’ expectations of $13.30 billion. During the same period in the previous year, the company posted $1.10 earnings per share. Walt Disney Company (The)’s quarterly revenue was down 2.8% on a year-over-year basis. sell-side analysts anticipate that Walt Disney Company will post 6.26 EPS for the current fiscal year.

Several research analysts recently issued reports on DIS shares. Goldman Sachs Group, Inc. (The) set a $133.00 price objective on Walt Disney Company (The) and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Piper Jaffray Companies set a $130.00 price objective on Walt Disney Company (The) and gave the stock a “buy” rating in a research note on Wednesday, August 9th. BidaskClub raised Walt Disney Company (The) from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Deutsche Bank AG restated a “buy” rating and set a $125.00 target price on shares of Walt Disney Company (The) in a report on Thursday, August 10th. Finally, Vetr upgraded Walt Disney Company (The) from a “hold” rating to a “buy” rating and set a $107.66 target price for the company in a report on Thursday, August 10th. Four equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and seventeen have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $112.79.

TRADEMARK VIOLATION NOTICE: “First Houston Capital Inc. Has $2.05 Million Stake in Walt Disney Company (The) (DIS)” was originally reported by Daily Political and is owned by of Daily Political. If you are viewing this news story on another site, it was copied illegally and republished in violation of international trademark & copyright laws. The legal version of this news story can be read at https://www.dailypolitical.com/2017/11/13/first-houston-capital-inc-has-2-05-million-stake-in-walt-disney-company-the-dis.html.

About Walt Disney Company (The)

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.

Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walt Disney Company (The) (NYSE:DIS).

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

Receive News & Ratings for Walt Disney Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.