LS Investment Advisors LLC boosted its position in The Walt Disney Co. (NYSE:DIS) by 2.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 195,058 shares of the entertainment giant’s stock after buying an additional 4,358 shares during the period. The Walt Disney accounts for about 1.3% of LS Investment Advisors LLC’s holdings, making the stock its 8th largest position. LS Investment Advisors LLC’s holdings in The Walt Disney were worth $19,081,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DIS. Allegis Investment Advisors LLC increased its position in The Walt Disney by 0.6% in the first quarter. Allegis Investment Advisors LLC now owns 2,281 shares of the entertainment giant’s stock worth $227,000 after buying an additional 13 shares in the last quarter. Hengehold Capital Management LLC increased its position in The Walt Disney by 0.9% in the second quarter. Hengehold Capital Management LLC now owns 2,307 shares of the entertainment giant’s stock worth $226,000 after buying an additional 20 shares in the last quarter. West Oak Capital LLC increased its position in The Walt Disney by 0.3% in the second quarter. West Oak Capital LLC now owns 8,419 shares of the entertainment giant’s stock worth $824,000 after buying an additional 25 shares in the last quarter. M&R Capital Management Inc. increased its position in The Walt Disney by 0.3% in the first quarter. M&R Capital Management Inc. now owns 11,057 shares of the entertainment giant’s stock worth $1,098,000 after buying an additional 35 shares in the last quarter. Finally, Stillwater Capital Advisors LLC increased its position in The Walt Disney by 2.4% in the second quarter. Stillwater Capital Advisors LLC now owns 2,347 shares of the entertainment giant’s stock worth $230,000 after buying an additional 54 shares in the last quarter. Institutional investors and hedge funds 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 up 0.20% during mid-day trading on Friday, reaching $91.30. The company’s stock had a trading volume of 4,345,659 shares. The company has a 50-day moving average of $92.91 and a 200-day moving average of $97.49. The Walt Disney Co. has a 12 month low of $86.25 and a 12 month high of $120.65. The company has a market cap of $146.73 billion, a P/E ratio of 16.41 and a beta of 1.25.

The Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Tuesday, August 9th. The entertainment giant reported $1.62 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.61 by $0.01. The Walt Disney had a return on equity of 19.98% and a net margin of 16.48%. The firm had revenue of $14.20 billion for the quarter, compared to analysts’ expectations of $14.16 billion. During the same period last 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. Equities research analysts forecast that The Walt Disney Co. will post $5.78 earnings per share for the current fiscal year.

A number of research analysts have weighed in on DIS shares. Vetr downgraded The Walt Disney from a “strong-buy” rating to a “buy” rating and set a $108.99 price target for the company. in a research note on Thursday, June 30th. Pivotal Research reaffirmed a “buy” rating and issued a $122.00 price objective on shares of The Walt Disney in a research report on Sunday, July 24th. Citigroup Inc. cut their price objective on The Walt Disney from $120.00 to $117.00 and set a “buy” rating for the company in a research report on Thursday, August 11th. Hilliard Lyons raised The Walt Disney to a “buy” rating in a research report on Thursday, August 25th. Finally, Loop Capital reaffirmed a “buy” rating and issued a $114.00 price objective on shares of The Walt Disney in a research report on Tuesday, September 27th. Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, fourteen have given 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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