GAM Holding AG trimmed its holdings in Walt Disney Company (The) (NYSE:DIS) by 7.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 250,346 shares of the entertainment giant’s stock after selling 21,029 shares during the period. GAM Holding AG’s holdings in Walt Disney Company (The) were worth $26,598,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. State Street Corp increased its position in Walt Disney Company (The) by 0.7% during the first quarter. State Street Corp now owns 67,739,871 shares of the entertainment giant’s stock worth $7,681,023,000 after purchasing an additional 456,053 shares during the last quarter. Legal & General Group Plc increased its position in Walt Disney Company (The) by 5.3% during the second quarter. Legal & General Group Plc now owns 7,885,053 shares of the entertainment giant’s stock worth $837,761,000 after purchasing an additional 394,012 shares during the last quarter. Clearbridge Investments LLC boosted its stake in Walt Disney Company (The) by 2.0% during the first quarter. Clearbridge Investments LLC now owns 7,623,125 shares of the entertainment giant’s stock worth $864,386,000 after buying an additional 150,316 shares during the period. Parnassus Investments CA boosted its stake in Walt Disney Company (The) by 0.4% during the first quarter. Parnassus Investments CA now owns 5,823,364 shares of the entertainment giant’s stock worth $638,073,000 after buying an additional 20,641 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its stake in Walt Disney Company (The) by 5.3% during the second quarter. Schwab Charles Investment Management Inc. now owns 4,958,719 shares of the entertainment giant’s stock worth $526,864,000 after buying an additional 251,167 shares during the period. Institutional investors and hedge funds own 61.06% of the company’s stock.

Several brokerages have weighed in on DIS. Vetr lowered shares of Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $106.77 target price for the company. in a research note on Monday. Royal Bank Of Canada set a $125.00 target price on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a research note on Sunday. Piper Jaffray Companies reaffirmed a “buy” rating and set a $120.00 target price on shares of Walt Disney Company (The) in a research note on Friday. B. Riley reaffirmed a “hold” rating and set a $101.00 target price (up previously from $97.00) on shares of Walt Disney Company (The) in a research note on Friday. Finally, J P Morgan Chase & Co set a $125.00 target price on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a research note on Friday. Four analysts have rated the stock with a sell rating, seventeen have given a hold rating and seventeen have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $112.79.

Shares of Walt Disney Company (NYSE DIS) opened at $104.74 on Tuesday. Walt Disney Company has a 1 year low of $96.20 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 P/E/G ratio of 2.30 and a beta of 1.37.

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

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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.

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

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