Neville Rodie & Shaw Inc. lowered its position in The Walt Disney Co. (NYSE:DIS) by 0.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 131,645 shares of the entertainment giant’s stock after selling 600 shares during the period. The Walt Disney accounts for about 1.4% of Neville Rodie & Shaw Inc.’s holdings, making the stock its 13th largest position. Neville Rodie & Shaw Inc.’s holdings in The Walt Disney were worth $12,225,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of DIS. Thomas J. Herzfeld Advisors Inc. purchased a new stake in shares of The Walt Disney during the second quarter worth about $103,000. Balentine LLC boosted its stake in shares of The Walt Disney by 365.8% in the second quarter. Balentine LLC now owns 1,076 shares of the entertainment giant’s stock worth $105,000 after buying an additional 845 shares in the last quarter. Krilogy Financial LLC boosted its stake in shares of The Walt Disney by 5.0% in the second quarter. Krilogy Financial LLC now owns 1,292 shares of the entertainment giant’s stock worth $126,000 after buying an additional 61 shares in the last quarter. Cordasco Financial Network boosted its stake in shares of The Walt Disney by 149.8% in the second quarter. Cordasco Financial Network now owns 1,501 shares of the entertainment giant’s stock worth $147,000 after buying an additional 900 shares in the last quarter. Finally, Opera Trading Capital purchased a new stake in shares of The Walt Disney during the first quarter worth about $158,000. Institutional investors and hedge funds own 56.30% of the company’s stock.

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

The Walt Disney Co. (NYSE:DIS) traded up 0.06% during midday trading on Wednesday, reaching $99.73. 5,980,266 shares of the company’s stock traded hands. The Walt Disney Co. has a 52-week low of $86.25 and a 52-week high of $115.47. The firm has a market cap of $158.72 billion, a PE ratio of 17.40 and a beta of 1.21. The firm’s 50-day moving average is $94.49 and its 200 day moving average is $96.01.

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

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Several equities research analysts recently issued reports on DIS shares. FBR & Co reiterated a “hold” rating on shares of The Walt Disney in a research note on Sunday, September 4th. reiterated a “buy” rating and issued a $108.00 price target on shares of The Walt Disney in a research note on Friday, November 11th. Brean Capital reiterated a “hold” rating on shares of The Walt Disney in a research note on Thursday, October 27th. Wells Fargo & Co. cut The Walt Disney to a “hold” rating in a research note on Thursday, August 25th. Finally, Pivotal Research cut The Walt Disney from a “buy” rating to a “hold” rating and cut their price target for the company from $108.00 to $102.00 in a research note on Friday, November 11th. Three analysts have rated the stock with a sell rating, seventeen have given a hold rating and fifteen have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $108.09.

In other news, EVP Alan N. Braverman sold 19,871 shares of The Walt Disney stock in a transaction dated Wednesday, November 16th. The shares were sold at an average price of $99.00, for a total transaction of $1,967,229.00. Following the sale, the executive vice president now owns 135,614 shares of the company’s stock, valued at approximately $13,425,786. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 13.00% of the company’s stock.

The Walt Disney Company Profile

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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