Howard Capital Management increased its position in Walt Disney Co (NYSE:DIS) by 0.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 210,294 shares of the entertainment giant’s stock after purchasing an additional 721 shares during the period. Walt Disney comprises 3.3% of Howard Capital Management’s investment portfolio, making the stock its 5th largest position. Howard Capital Management’s holdings in Walt Disney were worth $24,592,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of DIS. Phocas Financial Corp. boosted its position in shares of Walt Disney by 989,639.9% during the second quarter. Phocas Financial Corp. now owns 67,054,876 shares of the entertainment giant’s stock valued at $703,000 after buying an additional 67,048,101 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Walt Disney by 22.2% during the second quarter. Dimensional Fund Advisors LP now owns 6,228,738 shares of the entertainment giant’s stock valued at $652,841,000 after buying an additional 1,129,743 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its position in shares of Walt Disney by 2.7% during the second quarter. Schwab Charles Investment Management Inc. now owns 5,966,257 shares of the entertainment giant’s stock valued at $625,324,000 after buying an additional 159,265 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its position in shares of Walt Disney by 5.4% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,979,316 shares of the entertainment giant’s stock valued at $521,882,000 after buying an additional 254,293 shares during the last quarter. Finally, Swiss National Bank boosted its position in shares of Walt Disney by 2.6% during the second quarter. Swiss National Bank now owns 4,971,428 shares of the entertainment giant’s stock valued at $521,055,000 after buying an additional 125,900 shares during the last quarter. 62.64% of the stock is currently owned by institutional investors.

DIS stock opened at $115.42 on Tuesday. Walt Disney Co has a fifty-two week low of $97.68 and a fifty-two week high of $120.20. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.86 and a current ratio of 0.94. The stock has a market capitalization of $172.80 billion, a price-to-earnings ratio of 16.30, a PEG ratio of 1.74 and a beta of 1.17.

Walt Disney (NYSE:DIS) last posted its earnings results on Thursday, November 8th. The entertainment giant reported $1.48 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.17. Walt Disney had a return on equity of 21.43% and a net margin of 21.20%. The company had revenue of $14.30 billion for the quarter, compared to the consensus estimate of $13.76 billion. During the same quarter in the prior year, the company earned $1.07 earnings per share. Walt Disney’s revenue was up 11.9% on a year-over-year basis. On average, equities analysts predict that Walt Disney Co will post 7.08 earnings per share for the current year.

In other news, Chairman Robert A. Iger sold 47,733 shares of the firm’s stock in a transaction dated Friday, November 9th. The stock was sold at an average price of $120.00, for a total value of $5,727,960.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Brent Woodford sold 961 shares of the firm’s stock in a transaction dated Monday, October 1st. The stock was sold at an average price of $117.06, for a total value of $112,494.66. Following the completion of the transaction, the executive vice president now directly owns 25,737 shares in the company, valued at approximately $3,012,773.22. The disclosure for this sale can be found here. In the last three months, insiders sold 78,838 shares of company stock worth $9,391,319. 0.38% of the stock is owned by corporate insiders.

DIS has been the topic of several recent analyst reports. Zacks Investment Research cut Walt Disney from a “hold” rating to a “sell” rating in a research report on Tuesday, July 31st. B. Riley dropped their price objective on Walt Disney from $123.00 to $121.00 and set a “buy” rating on the stock in a research report on Wednesday, August 8th. Bank of America set a $144.00 price objective on Walt Disney and gave the company a “buy” rating in a research report on Wednesday, August 8th. BMO Capital Markets increased their price objective on Walt Disney from $100.00 to $110.00 and gave the company a “market perform” rating in a research report on Wednesday, August 8th. Finally, Imperial Capital increased their price objective on Walt Disney from $108.00 to $112.00 and gave the company an “inline” rating in a research report on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $121.54.

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Walt Disney Company 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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