Exencial Wealth Advisors LLC grew its stake in shares of Walt Disney Co (NYSE:DIS) by 2.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 57,869 shares of the entertainment giant’s stock after buying an additional 1,525 shares during the quarter. Walt Disney accounts for approximately 1.7% of Exencial Wealth Advisors LLC’s portfolio, making the stock its 12th largest holding. Exencial Wealth Advisors LLC’s holdings in Walt Disney were worth $6,065,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in DIS. American Century Companies Inc. grew its stake in shares of Walt Disney by 53.4% in the first quarter. American Century Companies Inc. now owns 3,604,766 shares of the entertainment giant’s stock worth $362,063,000 after purchasing an additional 1,255,464 shares during the last quarter. Ruffer LLP grew its stake in shares of Walt Disney by 39.1% in the second quarter. Ruffer LLP now owns 3,977,520 shares of the entertainment giant’s stock worth $417,261,000 after purchasing an additional 1,117,959 shares during the last quarter. Cornerstone Wealth Management LLC grew its stake in shares of Walt Disney by 10,630.8% in the second quarter. Cornerstone Wealth Management LLC now owns 1,022,536 shares of the entertainment giant’s stock worth $9,705,000 after purchasing an additional 1,013,007 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of Walt Disney by 512.5% in the first quarter. SG Americas Securities LLC now owns 1,137,319 shares of the entertainment giant’s stock worth $114,232,000 after purchasing an additional 951,642 shares during the last quarter. Finally, Schroder Investment Management Group grew its stake in shares of Walt Disney by 73.7% in the first quarter. Schroder Investment Management Group now owns 2,174,764 shares of the entertainment giant’s stock worth $218,434,000 after purchasing an additional 923,048 shares during the last quarter. 67.57% of the stock is currently owned by hedge funds and other institutional investors.

In other news, EVP Brent Woodford sold 768 shares of Walt Disney stock in a transaction that occurred on Monday, July 2nd. The shares were sold at an average price of $104.35, for a total transaction of $80,140.80. Following the completion of the transaction, the executive vice president now directly owns 28,493 shares in the company, valued at $2,973,244.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Alan N. Braverman sold 140,638 shares of Walt Disney stock in a transaction that occurred on Wednesday, July 11th. The shares were sold at an average price of $107.00, for a total transaction of $15,048,266.00. Following the transaction, the executive vice president now owns 160,316 shares of the company’s stock, valued at $17,153,812. The disclosure for this sale can be found here. Insiders sold 710,954 shares of company stock valued at $80,620,932 over the last 90 days. 0.38% of the stock is currently owned by company insiders.

Several research firms recently issued reports on DIS. Zacks Investment Research cut Walt Disney from a “hold” rating to a “sell” rating in a research note on Tuesday, July 31st. Bank of America set a $144.00 target price on Walt Disney and gave the stock a “buy” rating in a research note on Wednesday, August 8th. Royal Bank of Canada reissued a “buy” rating and issued a $140.00 target price on shares of Walt Disney in a research note on Wednesday, August 8th. Credit Suisse Group began coverage on Walt Disney in a research note on Tuesday, July 10th. They issued a “neutral” rating and a $114.00 target price on the stock. Finally, Imperial Capital began coverage on Walt Disney in a research note on Thursday, June 28th. They issued an “in-line” rating and a $108.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and thirteen have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $119.45.

Shares of DIS opened at $110.97 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.88 and a debt-to-equity ratio of 0.35. Walt Disney Co has a one year low of $96.26 and a one year high of $117.90. The stock has a market capitalization of $163.98 billion, a price-to-earnings ratio of 19.47, a P/E/G ratio of 1.46 and a beta of 1.31.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, August 7th. The entertainment giant reported $1.87 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.97 by ($0.10). Walt Disney had a return on equity of 21.37% and a net margin of 20.76%. The company had revenue of $15.23 billion during the quarter, compared to analysts’ expectations of $15.49 billion. During the same quarter last year, the business earned $1.58 earnings per share. sell-side analysts predict that Walt Disney Co will post 6.92 EPS for the current fiscal year.

Walt Disney Profile

The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The company's Media Networks segment operates cable programming services under the brand ESPN, Disney, and Freeform; broadcast businesses, which include the ABC TV Network and eight owned television stations; radio businesses consisting of the ESPN Radio network; and the Radio Disney network.

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

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