Robshaw & Julian Associates Inc. raised its position in shares of The Walt Disney Co. (NYSE:DIS) by 5.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 51,530 shares of the entertainment giant’s stock after buying an additional 2,850 shares during the period. The Walt Disney comprises 3.6% of Robshaw & Julian Associates Inc.’s investment portfolio, making the stock its 10th largest position. Robshaw & Julian Associates Inc.’s holdings in The Walt Disney were worth $4,785,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of DIS. AMP Capital Investors Ltd boosted its stake in The Walt Disney by 1.4% in the first quarter. AMP Capital Investors Ltd now owns 821,616 shares of the entertainment giant’s stock worth $81,266,000 after buying an additional 11,648 shares during the period. National Pension Service boosted its stake in The Walt Disney by 4.2% in the first quarter. National Pension Service now owns 785,855 shares of the entertainment giant’s stock worth $78,043,000 after buying an additional 31,780 shares during the period. Wealthsource Partners LLC acquired a new stake in The Walt Disney during the first quarter worth approximately $1,752,000. Legal & General Group Plc boosted its stake in The Walt Disney by 1.0% in the first quarter. Legal & General Group Plc now owns 6,983,106 shares of the entertainment giant’s stock worth $693,503,000 after buying an additional 69,928 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in The Walt Disney by 10.1% in the first quarter. Envestnet Asset Management Inc. now owns 392,295 shares of the entertainment giant’s stock worth $38,959,000 after buying an additional 35,959 shares during the period. Institutional investors and hedge funds own 56.30% 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 0.15% during mid-day trading on Monday, hitting $98.97. The company had a trading volume of 7,106,569 shares. The Walt Disney Co. has a 52-week low of $86.25 and a 52-week high of $115.58. The stock’s 50-day moving average is $94.31 and its 200-day moving average is $96.15. The stock has a market cap of $158.35 billion, a price-to-earnings ratio of 17.27 and a beta of 1.21.

The Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Thursday, November 10th. The entertainment giant reported $1.10 EPS for the quarter, missing the Zacks’ consensus estimate of $1.16 by $0.06. The company had revenue of $13.14 billion for the quarter, compared to analyst estimates of $13.71 billion. The Walt Disney had a return on equity of 19.81% and a net margin of 16.88%. The company’s revenue for the quarter was down 2.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.20 EPS. Equities analysts forecast that The Walt Disney Co. will post $5.95 earnings per share for the current year.

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A number of analysts have recently commented on DIS shares. Deutsche Bank AG restated a “hold” rating and issued a $115.00 price objective on shares of The Walt Disney in a research report on Thursday, August 4th. Piper Jaffray Cos. reiterated an “overweight” rating and set a $120.00 price target on shares of The Walt Disney in a research report on Monday, August 8th. Stifel Nicolaus cut The Walt Disney to a “hold” rating in a research report on Tuesday, August 9th. Macquarie upgraded The Walt Disney from a “neutral” rating to an “outperform” rating and set a $125.00 price target for the company in a research report on Wednesday, August 10th. Finally, Pivotal Research dropped their price target on The Walt Disney from $122.00 to $118.00 and set a “buy” rating for the company in a research report on Wednesday, August 10th. Three investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and fifteen have given a buy rating to the stock. The company has a consensus 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 dated 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 transaction, the executive vice president now owns 135,614 shares in the company, valued at $13,425,786. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 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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