Walt Disney Company (The) (DIS) Shares Sold by West Oak Capital LLC

West Oak Capital LLC reduced its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 2.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,569 shares of the entertainment giant’s stock after selling 175 shares during the quarter. West Oak Capital LLC’s holdings in Walt Disney Company (The) were worth $804,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. First PREMIER Bank raised its stake in Walt Disney Company (The) by 8.6% during the 2nd quarter. First PREMIER Bank now owns 4,356 shares of the entertainment giant’s stock worth $463,000 after acquiring an additional 344 shares in the last quarter. DnB Asset Management AS raised its stake in Walt Disney Company (The) by 2.4% during the 2nd quarter. DnB Asset Management AS now owns 246,801 shares of the entertainment giant’s stock worth $26,223,000 after acquiring an additional 5,900 shares in the last quarter. Private Asset Management Inc. raised its stake in Walt Disney Company (The) by 3.2% during the 2nd quarter. Private Asset Management Inc. now owns 103,699 shares of the entertainment giant’s stock worth $11,018,000 after acquiring an additional 3,205 shares in the last quarter. McQueen Ball & Associates Inc. raised its stake in Walt Disney Company (The) by 0.7% during the 2nd quarter. McQueen Ball & Associates Inc. now owns 22,652 shares of the entertainment giant’s stock worth $2,407,000 after acquiring an additional 150 shares in the last quarter. Finally, Bath Savings Trust Co raised its stake in Walt Disney Company (The) by 6.2% during the 2nd quarter. Bath Savings Trust Co now owns 73,382 shares of the entertainment giant’s stock worth $7,796,000 after acquiring an additional 4,285 shares in the last quarter. Hedge funds and other institutional investors own 61.48% of the company’s stock.

In other news, Director Maria Elena Lagomasino bought 976 shares of the firm’s stock in a transaction on Thursday, August 10th. The stock was bought at an average cost of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the acquisition, the director now directly owns 7,513 shares in the company, valued at approximately $768,880.42. The purchase was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.38% of the company’s stock.

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Walt Disney Company (NYSE DIS) traded up 0.63% during trading on Friday, hitting $98.52. 23,870,293 shares of the stock were exchanged. The firm has a market cap of $152.06 billion, a PE ratio of 17.47 and a beta of 1.42. The stock’s 50-day moving average price is $102.58 and its 200-day moving average price is $107.67. Walt Disney Company has a 12-month low of $90.32 and a 12-month high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last announced its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, topping the consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The company had revenue of $14.24 billion during the quarter, compared to analysts’ expectations of $14.44 billion. During the same period last year, the company posted $1.62 earnings per share. The business’s revenue for the quarter was down .3% on a year-over-year basis. On average, equities analysts expect that Walt Disney Company will post $5.82 EPS for the current year.

Several equities research analysts recently commented on DIS shares. Royal Bank Of Canada reiterated a “buy” rating and set a $130.00 price target on shares of Walt Disney Company (The) in a research note on Friday, July 14th. Guggenheim reiterated a “buy” rating and set a $122.00 price target (down from $128.00) on shares of Walt Disney Company (The) in a research note on Wednesday, July 12th. Moffett Nathanson reiterated a “buy” rating on shares of Walt Disney Company (The) in a research note on Friday, June 9th. Credit Suisse Group reiterated a “buy” rating and set a $125.00 price target on shares of Walt Disney Company (The) in a research note on Sunday, May 28th. Finally, Goldman Sachs Group, Inc. (The) set a $134.00 price objective on shares of Walt Disney Company (The) and gave the company a “buy” rating in a research note on Saturday, May 20th. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and twenty-one have given a buy rating to the company. Walt Disney Company (The) has a consensus rating of “Hold” and an average target price of $113.98.

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.

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

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