Svenska Handelsbanken AB publ maintained its position in Walt Disney Company (The) (NYSE:DIS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,400 shares of the entertainment giant’s stock at the close of the 2nd quarter. Walt Disney Company (The) makes up approximately 1.7% of Svenska Handelsbanken AB publ’s portfolio, making the stock its 25th largest position. Svenska Handelsbanken AB publ’s holdings in Walt Disney Company (The) were worth $1,105,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Tdam USA Inc. lifted its stake in Walt Disney Company (The) by 4.1% in the 2nd quarter. Tdam USA Inc. now owns 195,498 shares of the entertainment giant’s stock valued at $20,666,000 after buying an additional 7,785 shares in the last quarter. State Treasurer State of Michigan lifted its stake in Walt Disney Company (The) by 73.3% in the 1st quarter. State Treasurer State of Michigan now owns 1,355,053 shares of the entertainment giant’s stock valued at $153,649,000 after buying an additional 573,000 shares in the last quarter. Walter & Keenan Financial Consulting Co. MI ADV lifted its stake in Walt Disney Company (The) by 7.9% in the 2nd quarter. Walter & Keenan Financial Consulting Co. MI ADV now owns 24,719 shares of the entertainment giant’s stock valued at $2,626,000 after buying an additional 1,800 shares in the last quarter. Mutual of America Capital Management LLC lifted its stake in Walt Disney Company (The) by 1.4% in the 1st quarter. Mutual of America Capital Management LLC now owns 175,248 shares of the entertainment giant’s stock valued at $19,871,000 after buying an additional 2,351 shares in the last quarter. Finally, Connecticut Wealth Management LLC raised its holdings in Walt Disney Company (The) by 1.4% in the 2nd quarter. Connecticut Wealth Management LLC now owns 3,038 shares of the entertainment giant’s stock valued at $315,000 after acquiring an additional 42 shares during the last quarter. 60.40% of the stock is currently owned by hedge funds and other institutional investors.

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Shares of Walt Disney Company (NYSE:DIS) opened at $102.74 on Friday. The company has a market capitalization of $155,169.44, a price-to-earnings ratio of 18.02, a PEG ratio of 2.18 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 twelve month low of $96.20 and a twelve month high of $116.10.

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 analysts’ consensus estimates 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 company’s quarterly revenue was down 2.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.10 earnings per share. research analysts predict that Walt Disney Company will post 6.24 earnings per share for the current year.

DIS has been the subject of several analyst reports. Bank of America Corporation reiterated a “buy” rating and issued a $120.00 price target (down from $125.00) on shares of Walt Disney Company (The) in a report on Friday, September 8th. FBR & Co reiterated a “hold” rating and issued a $97.00 price target on shares of Walt Disney Company (The) in a report on Friday, September 8th. Guggenheim reiterated a “buy” rating and issued a $122.00 price target on shares of Walt Disney Company (The) in a report on Tuesday, September 5th. UBS AG reiterated a “buy” rating and issued a $126.00 price target on shares of Walt Disney Company (The) in a report on Tuesday, September 5th. Finally, Zacks Investment Research upgraded Walt Disney Company (The) from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Three research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eighteen have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $112.56.

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.

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

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