First American Bank boosted its position in shares of The Walt Disney Co. (NYSE:DIS) by 1.3% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 101,619 shares of the entertainment giant’s stock after buying an additional 1,294 shares during the period. The Walt Disney accounts for approximately 0.9% of First American Bank’s portfolio, making the stock its 22nd largest position. First American Bank’s holdings in The Walt Disney were worth $9,436,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of The Walt Disney by 0.7% in the second quarter. Vanguard Group Inc. now owns 89,587,720 shares of the entertainment giant’s stock worth $8,763,471,000 after buying an additional 633,253 shares in the last quarter. Fisher Asset Management LLC raised its stake in shares of The Walt Disney by 0.3% in the second quarter. Fisher Asset Management LLC now owns 8,674,051 shares of the entertainment giant’s stock worth $867,232,000 after buying an additional 28,364 shares in the last quarter. Legal & General Group Plc raised its stake in shares of The Walt Disney by 1.8% in the second quarter. Legal & General Group Plc now owns 7,105,883 shares of the entertainment giant’s stock worth $695,080,000 after buying an additional 122,777 shares in the last quarter. Swiss National Bank raised its stake in shares of The Walt Disney by 6.5% in the second quarter. Swiss National Bank now owns 4,344,828 shares of the entertainment giant’s stock worth $425,011,000 after buying an additional 264,600 shares in the last quarter. Finally, California Public Employees Retirement System raised its stake in shares of The Walt Disney by 0.3% in the second quarter. California Public Employees Retirement System now owns 4,343,976 shares of the entertainment giant’s stock worth $424,928,000 after buying an additional 15,100 shares in the last quarter. 56.30% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of The Walt Disney Co. (NYSE:DIS) traded up 0.15% during midday trading on Monday, hitting $98.97. The company had a trading volume of 7,078,451 shares. The company has a market capitalization of $158.35 billion, a PE ratio of 17.27 and a beta of 1.21. The Walt Disney Co. has a 12 month low of $86.25 and a 12 month high of $115.58. The company has a 50-day moving average of $94.31 and a 200-day moving average of $96.15.

The Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Thursday, November 10th. The entertainment giant reported $1.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.16 by $0.06. The Walt Disney had a return on equity of 19.81% and a net margin of 16.88%. The firm had revenue of $13.14 billion for the quarter, compared to analysts’ expectations of $13.71 billion. During the same quarter last year, the firm posted $1.20 earnings per share. The Walt Disney’s quarterly revenue was down 2.7% on a year-over-year basis. Analysts predict that The Walt Disney Co. will post $5.95 earnings per share for the current year.

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A number of equities research analysts have recently weighed in on the company. Wood & Company reiterated a “sell” rating and issued a $120.65 price objective on shares of The Walt Disney in a research report on Thursday, November 17th. Stifel Nicolaus restated a “buy” rating and set a $100.00 price target on shares of The Walt Disney in a research report on Friday. Needham & Company LLC restated a “hold” rating on shares of The Walt Disney in a research report on Saturday. restated an “outperform” rating and set a $115.00 price target on shares of The Walt Disney in a research report on Thursday, August 11th. Finally, Goldman Sachs Group Inc. restated a “neutral” rating and set a $108.00 price target (down from $109.00) on shares of The Walt Disney in a research report on Thursday, August 11th. Three equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and fifteen have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $108.09.

In other The Walt Disney news, EVP Alan N. Braverman sold 19,871 shares of the business’s stock in a transaction that occurred on Wednesday, November 16th. The stock was sold at an average price of $99.00, for a total transaction of $1,967,229.00. Following the completion of the sale, the executive vice president now directly owns 135,614 shares in the company, valued at approximately $13,425,786. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 13.00% of the company’s stock.

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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