CWM LLC lowered its position in Walt Disney Company (The) (NYSE:DIS) by 36.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,264 shares of the entertainment giant’s stock after selling 2,484 shares during the period. CWM LLC’s holdings in Walt Disney Company (The) were worth $483,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Thomas J. Herzfeld Advisors Inc. acquired a new stake in Walt Disney Company (The) during the fourth quarter valued at approximately $110,000. Lombard Odier Transatlantic Limited Partnership increased its position in Walt Disney Company (The) by 71.4% in the third quarter. Lombard Odier Transatlantic Limited Partnership now owns 1,200 shares of the entertainment giant’s stock worth $111,000 after buying an additional 500 shares in the last quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its position in Walt Disney Company (The) by 7,240.3% in the fourth quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 128,089 shares of the entertainment giant’s stock worth $128,000 after buying an additional 126,344 shares in the last quarter. TLP Group LLC bought a new position in Walt Disney Company (The) during the third quarter worth $129,000. Finally, New Capital Management LP bought a new position in Walt Disney Company (The) during the fourth quarter worth $139,000. Institutional investors and hedge funds own 63.74% of the company’s stock.

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

Walt Disney Company (NYSE:DIS) traded down 0.89% during midday trading on Friday, hitting $105.04. 3,060,632 shares of the stock traded hands. The stock has a market capitalization of $164.37 billion, a PE ratio of 18.32 and a beta of 1.39. Walt Disney Company has a 12-month low of $90.32 and a 12-month high of $116.10. The firm’s 50 day moving average is $108.82 and its 200-day moving average is $108.97.

Walt Disney Company (The) (NYSE:DIS) last issued its quarterly earnings results on Tuesday, May 9th. The entertainment giant reported $1.50 EPS for the quarter, topping the Zacks’ consensus estimate of $1.45 by $0.05. Walt Disney Company (The) had a return on equity of 19.81% and a net margin of 16.63%. The company had revenue of $13.34 billion for the quarter, compared to analysts’ expectations of $13.44 billion. During the same quarter last year, the business earned $1.36 earnings per share. Walt Disney Company (The)’s revenue was up 2.8% on a year-over-year basis. On average, analysts anticipate that Walt Disney Company will post $5.95 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: This report was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another domain, it was illegally stolen and republished in violation of U.S. and international trademark & copyright legislation. The original version of this report can be accessed at https://www.thecerbatgem.com/2017/06/16/cwm-llc-sells-2484-shares-of-walt-disney-co-dis-updated-updated.html.

A number of brokerages have recently commented on DIS. Royal Bank of Canada set a $130.00 target price on shares of Walt Disney Company (The) and gave the company a “buy” rating in a research note on Monday. Moffett Nathanson reaffirmed a “buy” rating on shares of Walt Disney Company (The) in a report on Friday, June 9th. Vetr lowered shares of Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $114.56 price objective for the company. in a report on Monday, February 27th. Instinet reissued a “buy” rating and set a $120.00 price objective on shares of Walt Disney Company (The) in a report on Wednesday, March 8th. Finally, Jefferies Group LLC reissued a “hold” rating and set a $110.00 price objective on shares of Walt Disney Company (The) in a report on Wednesday, May 10th. Five equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eighteen have given a buy rating to the company’s stock. Walt Disney Company (The) has an average rating of “Hold” and an average target price of $116.49.

In other Walt Disney Company (The) news, EVP Brent Woodford sold 2,000 shares of Walt Disney Company (The) stock in a transaction dated Tuesday, April 18th. The stock was sold at an average price of $114.50, for a total value of $229,000.00. Following the transaction, the executive vice president now owns 27,745 shares in the company, valued at $3,176,802.50. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Robert A. Iger sold 797,578 shares of Walt Disney Company (The) stock in a transaction dated Friday, June 9th. The shares were sold at an average price of $105.09, for a total value of $83,817,472.02. Following the completion of the transaction, the chairman now owns 1,566,484 shares in the company, valued at approximately $164,621,803.56. The disclosure for this sale can be found here. Insiders sold 811,721 shares of company stock worth $85,370,302 in the last 90 days. 0.38% of the stock is owned by company insiders.

About Walt Disney Company (The)

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

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