New York State Teachers Retirement System cut its position in shares of The Walt Disney Co. (NYSE:DIS) by 2.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,831,783 shares of the entertainment giant’s stock after selling 73,528 shares during the period. The Walt Disney accounts for about 0.7% of New York State Teachers Retirement System’s portfolio, making the stock its 26th largest position. New York State Teachers Retirement System owned 0.17% of The Walt Disney worth $277,005,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Chesley Taft & Associates LLC raised its position in The Walt Disney by 0.4% in the second quarter. Chesley Taft & Associates LLC now owns 270,147 shares of the entertainment giant’s stock valued at $26,426,000 after buying an additional 1,205 shares in the last quarter. Aviva PLC raised its position in 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. Oakbrook Investments LLC raised its position in The Walt Disney by 16.7% in the second quarter. Oakbrook Investments LLC now owns 304,720 shares of the entertainment giant’s stock valued at $29,808,000 after buying an additional 43,625 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt raised its position in 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. Finally, Exxonmobil Investment Management Inc. TX raised its position in 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. Institutional investors own 57.92% of the company’s stock.

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

The Walt Disney Co. (NYSE:DIS) traded up 0.20% on Friday, reaching $91.30. The company’s stock had a trading volume of 4,345,659 shares. The Walt Disney Co. has a 52 week low of $86.25 and a 52 week high of $120.65. The firm has a market capitalization of $146.73 billion, a PE ratio of 16.41 and a beta of 1.25. The stock’s 50 day moving average is $92.91 and its 200-day moving average is $97.49.

The Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Tuesday, August 9th. The entertainment giant reported $1.62 earnings per share for the quarter, topping analysts’ consensus estimates 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 company earned $14.20 billion during the quarter, compared to analysts’ expectations of $14.16 billion. During the same quarter in the previous year, the firm earned $1.45 earnings per share. The business’s quarterly revenue was up 9.0% compared to the same quarter last year. Analysts predict that The Walt Disney Co. will post $5.78 EPS for the current year.

Several research analysts have recently commented on DIS shares. Credit Agricole SA reduced their price target on The Walt Disney from $115.00 to $108.00 and set an “outperform” rating on the stock in a report on Friday, September 23rd. Brean Capital reiterated a “hold” rating on shares of The Walt Disney in a report on Wednesday, September 28th. Jefferies Group reiterated a “hold” rating on shares of The Walt Disney in a report on Thursday, August 25th. Wells Fargo & Co. lowered The Walt Disney to a “hold” rating in a report on Thursday, August 25th. Finally, Barclays PLC reiterated an “underweight” rating on shares of The Walt Disney in a report on Friday, September 30th. Three equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $109.56.

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

Receive News & Stock Ratings for The Walt Disney Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Walt Disney Co. and related stocks with our FREE daily email newsletter.