Personal Capital Advisors Corp Boosts Position in Walt Disney Company (The) (DIS)

Personal Capital Advisors Corp increased its holdings in Walt Disney Company (The) (NYSE:DIS) by 5.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 272,835 shares of the entertainment giant’s stock after buying an additional 14,980 shares during the quarter. Personal Capital Advisors Corp’s holdings in Walt Disney Company (The) were worth $28,989,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. State Street Corp boosted its holdings in shares of Walt Disney Company (The) by 0.7% in the first quarter. State Street Corp now owns 67,739,871 shares of the entertainment giant’s stock worth $7,681,023,000 after buying an additional 456,053 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Walt Disney Company (The) by 1.2% in the first quarter. Fisher Asset Management LLC now owns 8,846,672 shares of the entertainment giant’s stock worth $1,003,124,000 after buying an additional 101,808 shares during the last quarter. Clearbridge Investments LLC boosted its holdings in shares of Walt Disney Company (The) by 2.0% in the first quarter. Clearbridge Investments LLC now owns 7,623,125 shares of the entertainment giant’s stock worth $864,386,000 after buying an additional 150,316 shares during the last quarter. Parnassus Investments CA boosted its holdings in shares of Walt Disney Company (The) by 0.4% in the first quarter. Parnassus Investments CA now owns 5,823,364 shares of the entertainment giant’s stock worth $638,073,000 after buying an additional 20,641 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its holdings in shares of Walt Disney Company (The) by 4.1% in the first quarter. Schwab Charles Investment Management Inc. now owns 4,707,552 shares of the entertainment giant’s stock worth $533,790,000 after buying an additional 185,290 shares during the last quarter. 61.38% of the stock is currently owned by institutional investors.

Shares of Walt Disney Company (NYSE DIS) traded down 0.63% during mid-day trading on Monday, hitting $97.90. 3,265,268 shares of the stock were exchanged. Walt Disney Company has a 12 month low of $90.32 and a 12 month high of $116.10. The stock has a market cap of $151.11 billion, a price-to-earnings ratio of 17.36 and a beta of 1.42. The company has a 50-day moving average price of $102.58 and a 200-day moving average price of $107.67.

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

DIS has been the topic of a number of recent analyst reports. Zacks Investment Research cut shares of Walt Disney Company (The) from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Morgan Stanley restated an “overweight” rating and set a $130.00 target price on shares of Walt Disney Company (The) in a research note on Wednesday, June 21st. Vetr cut shares of Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $103.55 target price on the stock. in a research note on Monday, August 21st. Piper Jaffray Companies set a $130.00 target price on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a research note on Tuesday, August 22nd. Finally, BidaskClub cut shares of Walt Disney Company (The) from a “hold” rating to a “sell” rating in a research note on Sunday, July 16th. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating and twenty-one have given a buy rating to the company’s stock. Walt Disney Company (The) currently has an average rating of “Hold” and an average target price of $113.98.

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In other Walt Disney Company (The) news, Director Maria Elena Lagomasino acquired 976 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The stock was purchased at an average cost of $102.34 per share, with a total value of $99,883.84. Following the transaction, the director now owns 7,513 shares of the company’s stock, valued at $768,880.42. The transaction was disclosed in a filing with the SEC, which is available at this link. 13.00% of the stock is currently owned by company insiders.

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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