Walt Disney Company (The) (DIS) Shares Bought by Legal & General Group Plc

Legal & General Group Plc grew its position in Walt Disney Company (The) (NYSE:DIS) by 5.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,885,053 shares of the entertainment giant’s stock after buying an additional 394,012 shares during the quarter. Walt Disney Company (The) accounts for 0.7% of Legal & General Group Plc’s holdings, making the stock its 27th largest holding. Legal & General Group Plc owned about 0.50% of Walt Disney Company (The) worth $837,761,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Narwhal Capital Management increased its position in Walt Disney Company (The) by 0.6% during the 1st quarter. Narwhal Capital Management now owns 35,974 shares of the entertainment giant’s stock valued at $4,079,000 after buying an additional 229 shares in the last quarter. Barton Investment Management increased its holdings in shares of Walt Disney Company (The) by 0.3% in the first quarter. Barton Investment Management now owns 7,732 shares of the entertainment giant’s stock valued at $876,000 after purchasing an additional 20 shares during the period. Kanawha Capital Management LLC increased its holdings in shares of Walt Disney Company (The) by 6.7% in the first quarter. Kanawha Capital Management LLC now owns 54,249 shares of the entertainment giant’s stock valued at $6,151,000 after purchasing an additional 3,421 shares during the period. Investment Counsel Inc. increased its holdings in shares of Walt Disney Company (The) by 10.5% in the first quarter. Investment Counsel Inc. now owns 28,728 shares of the entertainment giant’s stock valued at $3,257,000 after purchasing an additional 2,740 shares during the period. Finally, Capital Management Corp VA grew its holdings in Walt Disney Company (The) by 5.6% during the first quarter. Capital Management Corp VA now owns 33,110 shares of the entertainment giant’s stock worth $3,754,000 after acquiring an additional 1,741 shares during the period. Institutional investors and hedge funds own 61.06% of the company’s stock.

Shares of Walt Disney Company (NYSE DIS) opened at $104.74 on Tuesday. 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 firm has a market cap of $161,725.94, a P/E ratio of 18.38, a P/E/G ratio of 2.30 and a beta of 1.37.

Walt Disney Company (The) (NYSE:DIS) last issued its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.05). Walt Disney Company (The) had a net margin of 16.29% and a return on equity of 19.66%. The firm had revenue of $12.78 billion during 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. The firm’s revenue for the quarter was down 2.8% on a year-over-year basis. analysts predict that Walt Disney Company will post 6.26 EPS for the current year.

Several research firms recently commented on DIS. BMO Capital Markets reaffirmed an “underperform” rating and set a $90.00 target price (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 set a $97.00 price target on shares of Walt Disney Company (The) in a research report on Friday, September 8th. B. Riley reiterated a “neutral” rating on shares of Walt Disney Company (The) in a research report on Wednesday, November 1st. Jefferies Group LLC reiterated a “hold” rating and set a $103.77 price target (up previously from $102.68) on shares of Walt Disney Company (The) in a research report on Friday. Finally, Vetr downgraded Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $106.77 target price on the stock. in a research report on Monday. Four equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and seventeen have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $112.79.

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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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