Andra AP fonden Boosts Stake in Walt Disney Company (The) (DIS)

Andra AP fonden lifted its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 40.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 94,100 shares of the entertainment giant’s stock after purchasing an additional 27,200 shares during the period. Andra AP fonden’s holdings in Walt Disney Company (The) were worth $9,998,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Tdam USA Inc. raised its position in shares of Walt Disney Company (The) by 4.1% during the second quarter. Tdam USA Inc. now owns 195,498 shares of the entertainment giant’s stock worth $20,666,000 after purchasing an additional 7,785 shares during the period. State Treasurer State of Michigan raised its position in shares of Walt Disney Company (The) by 73.3% during the first quarter. State Treasurer State of Michigan now owns 1,355,053 shares of the entertainment giant’s stock worth $153,649,000 after purchasing an additional 573,000 shares during the period. Walter & Keenan Financial Consulting Co. MI ADV raised its position in shares of Walt Disney Company (The) by 7.9% during the second quarter. Walter & Keenan Financial Consulting Co. MI ADV now owns 24,719 shares of the entertainment giant’s stock worth $2,626,000 after purchasing an additional 1,800 shares during the period. Mutual of America Capital Management LLC raised its position in shares of Walt Disney Company (The) by 1.4% during the first quarter. Mutual of America Capital Management LLC now owns 175,248 shares of the entertainment giant’s stock worth $19,871,000 after purchasing an additional 2,351 shares during the period. Finally, Connecticut Wealth Management LLC raised its position in shares of Walt Disney Company (The) by 1.4% during the second quarter. Connecticut Wealth Management LLC now owns 3,038 shares of the entertainment giant’s stock worth $315,000 after purchasing an additional 42 shares during the period. 60.40% of the stock is currently owned by institutional investors.

DIS has been the topic of a number of recent analyst reports. BidaskClub raised Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Credit Suisse Group reaffirmed an “outperform” rating and set a $125.00 target price on shares of Walt Disney Company (The) in a research report on Tuesday, July 25th. Vetr lowered Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $110.54 price target on the stock. in a research report on Thursday, July 27th. Piper Jaffray Companies set a $130.00 price target on Walt Disney Company (The) and gave the company a “buy” rating in a research report on Wednesday, August 9th. Finally, FBR & Co dropped their price target on Walt Disney Company (The) from $114.00 to $112.00 and set a “market perform” rating on the stock in a research report on Wednesday, August 9th. Three analysts have rated the stock with a sell rating, sixteen have given a hold rating and eighteen have assigned a buy rating to the company. Walt Disney Company (The) presently has an average rating of “Hold” and an average price target of $112.56.

Walt Disney Company (NYSE DIS) opened at $102.75 on Tuesday. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $158,590.00, a P/E ratio of 18.15, a price-to-earnings-growth ratio of 2.20 and a beta of 1.37. Walt Disney Company has a twelve month low of $96.20 and a twelve month high of $116.10.

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

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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.

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

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