Pacer Advisors Inc. grew its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 6.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,432 shares of the entertainment giant’s stock after purchasing an additional 2,322 shares during the period. Pacer Advisors Inc.’s holdings in Walt Disney Company (The) were worth $3,871,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in DIS. Harbour Capital Advisors LLC raised its holdings in shares of Walt Disney Company (The) by 10,076.9% during the second quarter. Harbour Capital Advisors LLC now owns 1,387,625 shares of the entertainment giant’s stock valued at $13,060,000 after purchasing an additional 1,373,990 shares during the period. Canada Pension Plan Investment Board raised its holdings in shares of Walt Disney Company (The) by 8,245.5% during the first quarter. Canada Pension Plan Investment Board now owns 670,726 shares of the entertainment giant’s stock valued at $76,054,000 after purchasing an additional 662,689 shares during the period. AQR Capital Management LLC raised its holdings in shares of Walt Disney Company (The) by 111.0% during the first quarter. AQR Capital Management LLC now owns 1,190,645 shares of the entertainment giant’s stock valued at $135,008,000 after purchasing an additional 626,245 shares during the period. State Treasurer State of Michigan raised its holdings in shares of Walt Disney Company (The) by 73.3% during the first quarter. State Treasurer State of Michigan now owns 1,355,053 shares of the entertainment giant’s stock valued at $153,649,000 after purchasing an additional 573,000 shares during the period. Finally, Scopus Asset Management L.P. raised its holdings in shares of Walt Disney Company (The) by 275.0% during the first quarter. Scopus Asset Management L.P. now owns 750,000 shares of the entertainment giant’s stock valued at $85,043,000 after purchasing an additional 550,000 shares during the period. Hedge funds and other institutional investors own 60.40% of the company’s stock.

Shares of Walt Disney Company (DIS) opened at $103.00 on Wednesday. Walt Disney Company has a 52 week low of $96.20 and a 52 week 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 stock has a market cap of $158,592.67, a P/E ratio of 18.03, a price-to-earnings-growth ratio of 2.19 and a beta of 1.37.

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

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Several equities analysts have recently weighed in on the stock. Vetr upgraded shares of Walt Disney Company (The) from a “hold” rating to a “buy” rating and set a $107.20 price objective on the stock in a report on Tuesday. Zacks Investment Research raised shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. 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 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 research report on Friday, November 10th. Finally, B. Riley reissued a “hold” rating and set a $101.00 target price (up from $97.00) on shares of Walt Disney Company (The) in a research report on Friday, November 10th. Three analysts have rated the stock with a sell rating, sixteen have issued a hold rating and eighteen have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $112.56.

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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