Chesley Taft & Associates LLC boosted its stake in The Walt Disney Co. (NYSE:DIS) by 0.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 270,147 shares of the entertainment giant’s stock after buying an additional 1,205 shares during the period. The Walt Disney makes up approximately 2.7% of Chesley Taft & Associates LLC’s portfolio, making the stock its 2nd largest position. Chesley Taft & Associates LLC’s holdings in The Walt Disney were worth $26,426,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of DIS. Aviva PLC increased its position in shares of The Walt Disney by 0.7% in the first quarter. Aviva PLC now owns 972,383 shares of the entertainment giant’s stock valued at $96,567,000 after buying an additional 6,742 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt increased its position in shares of The Walt Disney by 4.9% in the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 183,218 shares of the entertainment giant’s stock valued at $17,922,000 after buying an additional 8,500 shares in the last quarter. Exxonmobil Investment Management Inc. TX increased its position in shares of The Walt Disney by 5.7% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 386,372 shares of the entertainment giant’s stock valued at $37,795,000 after buying an additional 20,904 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of The Walt Disney by 54.3% in the second quarter. Acadian Asset Management LLC now owns 202,079 shares of the entertainment giant’s stock valued at $19,766,000 after buying an additional 71,156 shares in the last quarter. Finally, National Pension Service increased its position in shares of The Walt Disney by 4.2% in the first quarter. National Pension Service now owns 785,855 shares of the entertainment giant’s stock valued at $78,043,000 after buying an additional 31,780 shares in the last quarter. Hedge funds and other institutional investors own 57.92% of the company’s stock.

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

Shares of The Walt Disney Co. (NYSE:DIS) traded down 0.37% during midday trading on Friday, reaching $92.49. 6,144,089 shares of the company were exchanged. The firm has a 50-day moving average of $93.53 and a 200 day moving average of $97.70. The firm has a market capitalization of $148.64 billion, a P/E ratio of 16.62 and a beta of 1.25. The Walt Disney Co. has a 52 week low of $86.25 and a 52 week high of $120.65.

The Walt Disney (NYSE:DIS) last released its earnings results on Tuesday, August 9th. The entertainment giant reported $1.62 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.61 by $0.01. The Walt Disney had a net margin of 16.48% and a return on equity of 19.98%. The business earned $14.20 billion during the quarter, compared to analyst estimates of $14.16 billion. During the same quarter in the prior year, the firm earned $1.45 earnings per share. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. On average, equities research analysts expect that The Walt Disney Co. will post $5.78 EPS for the current year.

DIS has been the topic of several analyst reports. Credit Agricole SA dropped their target price on shares of The Walt Disney from $115.00 to $108.00 and set an “outperform” rating on the stock in a research note on Friday, September 23rd. Brean Capital restated a “hold” rating on shares of The Walt Disney in a research report on Wednesday, September 28th. Jefferies Group restated a “hold” rating on shares of The Walt Disney in a research report on Thursday, August 25th. Wells Fargo & Co. downgraded shares of The Walt Disney to a “hold” rating in a research report on Thursday, August 25th. Finally, Barclays PLC restated an “underweight” rating on shares of The Walt Disney in a research report on Friday, September 30th. Three analysts have rated the stock with a sell rating, fifteen have issued a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. The Walt Disney has an average rating of “Hold” and a consensus target price of $109.71.

About The Walt Disney

The Walt Disney Company is a diversified entertainment company. The Company’s business segments include Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. The Media Networks segment includes cable and broadcast television networks, television production operations, television distribution, domestic television stations, and radio networks and stations.

5 Day Chart for NYSE:DIS

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