Walt Disney Company (The) (DIS) Stake Lessened by Victory Capital Management Inc.

Victory Capital Management Inc. lessened its stake in Walt Disney Company (The) (NYSE:DIS) by 37.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,907 shares of the entertainment giant’s stock after selling 30,765 shares during the quarter. Victory Capital Management Inc.’s holdings in Walt Disney Company (The) were worth $5,515,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Lee Financial Co increased its holdings in Walt Disney Company (The) by 7.6% in the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock worth $112,000 after buying an additional 74 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. bought a new stake in Walt Disney Company (The) in the 1st quarter worth about $144,000. Allegis Investment Advisors LLC bought a new stake in Walt Disney Company (The) in the 2nd quarter worth about $206,000. Weybosset Research & Management LLC increased its holdings in Walt Disney Company (The) by 2.6% in the 2nd quarter. Weybosset Research & Management LLC now owns 2,000 shares of the entertainment giant’s stock worth $213,000 after buying an additional 50 shares in the last quarter. Finally, Comprehensive Portfolio Management LLC bought a new stake in Walt Disney Company (The) in the 2nd quarter worth about $219,000. 61.06% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts recently commented on the company. BMO Capital Markets reiterated an “underperform” rating and issued a $90.00 price objective (down from $95.00) on shares of Walt Disney Company (The) in a report on Thursday, August 10th. FBR & Co reiterated a “hold” rating and issued a $97.00 price objective on shares of Walt Disney Company (The) in a report on Friday, September 8th. B. Riley restated a “neutral” rating on shares of Walt Disney Company (The) in a research note on Wednesday, November 1st. Jefferies Group LLC restated a “hold” rating and set a $103.77 price target (up from $102.68) on shares of Walt Disney Company (The) in a research note on Friday, November 10th. Finally, Vetr upgraded Walt Disney Company (The) from a “hold” rating to a “buy” rating and set a $107.42 price target for the company in a research note on Wednesday. Four equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and eighteen have given a buy rating to the company’s stock. Walt Disney Company (The) presently has an average rating of “Hold” and a consensus target price of $112.81.

Walt Disney Company (DIS) opened at $103.17 on Wednesday. Walt Disney Company has a 12-month low of $96.20 and a 12-month high of $116.10. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 0.81. The stock has a market capitalization of $159,240.00, a price-to-earnings ratio of 18.38, a PEG ratio of 2.22 and a beta of 1.37.

Walt Disney Company (The) (NYSE:DIS) last posted its quarterly earnings results on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). Walt Disney Company (The) had a return on equity of 19.66% and a net margin of 16.29%. The firm had revenue of $12.78 billion for the quarter, compared to the consensus estimate of $13.30 billion. During the same period in the previous year, the company posted $1.10 EPS. Walt Disney Company (The)’s quarterly revenue was down 2.8% compared to the same quarter last year. research analysts forecast that Walt Disney Company will post 6.24 earnings per share for the current fiscal year.

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Walt Disney Company (The) Profile

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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