Neumann Capital Management LLC lowered its holdings in Walt Disney Company (The) (NYSE:DIS) by 7.8% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,314 shares of the entertainment giant’s stock after selling 450 shares during the period. Neumann Capital Management LLC’s holdings in Walt Disney Company (The) were worth $565,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Tortoise Investment Management LLC raised its holdings in shares of Walt Disney Company (The) by 0.6% during the second quarter. Tortoise Investment Management LLC now owns 2,269 shares of the entertainment giant’s stock valued at $241,000 after buying an additional 14 shares during the last quarter. Burt Wealth Advisors raised its holdings in shares of Walt Disney Company (The) by 0.5% during the second quarter. Burt Wealth Advisors now owns 3,182 shares of the entertainment giant’s stock valued at $338,000 after buying an additional 15 shares during the last quarter. Sonata Capital Group Inc. raised its holdings in shares of Walt Disney Company (The) by 0.7% during the second quarter. Sonata Capital Group Inc. now owns 2,732 shares of the entertainment giant’s stock valued at $290,000 after buying an additional 20 shares during the last quarter. First Capital Advisors Group LLC. raised its holdings in shares of Walt Disney Company (The) by 0.4% during the second quarter. First Capital Advisors Group LLC. now owns 6,515 shares of the entertainment giant’s stock valued at $692,000 after buying an additional 24 shares during the last quarter. Finally, Ipswich Investment Management Co. Inc. raised its holdings in shares of Walt Disney Company (The) by 0.3% during the second quarter. Ipswich Investment Management Co. Inc. now owns 8,320 shares of the entertainment giant’s stock valued at $884,000 after buying an additional 25 shares during the last quarter. 61.06% of the stock is currently owned by hedge funds and other institutional investors.

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DIS has been the topic of several recent analyst reports. Zacks Investment Research raised Walt Disney Company (The) from a “sell” rating to a “hold” rating in a report on Wednesday. Vetr cut Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $106.77 target price on the stock. in a report on Monday, November 13th. Royal Bank Of Canada set a $125.00 target price on Walt Disney Company (The) and gave the stock a “buy” rating in a report on Sunday, November 12th. Piper Jaffray Companies reissued a “buy” rating and set a $120.00 target price on shares of Walt Disney Company (The) in a report on Friday, November 10th. Finally, B. Riley reissued a “hold” rating and set a $101.00 target price (up previously from $97.00) on shares of Walt Disney Company (The) in a report on Friday, November 10th. Three investment analysts have rated the stock with a sell rating, seventeen have given a hold rating and seventeen have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $112.55.

Walt Disney Company (NYSE DIS) opened at $103.44 on Friday. The firm has a market cap of $159,657.67, a price-to-earnings ratio of 18.15, a price-to-earnings-growth ratio of 2.20 and a beta of 1.37. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42. Walt Disney Company has a 52-week low of $96.20 and a 52-week high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last released its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.12 by ($0.05). The firm had revenue of $12.78 billion for the quarter, compared to analyst estimates of $13.30 billion. Walt Disney Company (The) had a return on equity of 19.66% and a net margin of 16.29%. The firm’s revenue was down 2.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.10 EPS. equities analysts expect that Walt Disney Company will post 6.24 earnings per share for the current year.

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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