Gamble Jones Investment Counsel boosted its position in Walt Disney Company (The) (NYSE:DIS) by 1.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 78,867 shares of the entertainment giant’s stock after buying an additional 1,485 shares during the period. Walt Disney Company (The) comprises about 0.9% of Gamble Jones Investment Counsel’s holdings, making the stock its 22nd largest position. Gamble Jones Investment Counsel’s holdings in Walt Disney Company (The) were worth $8,943,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. New Capital Management LP purchased a new stake in Walt Disney Company (The) during the fourth quarter worth $139,000. Meridian Investment Counsel Inc. bought a new position in shares of Walt Disney Company (The) during the fourth quarter worth approximately $214,000. Private Advisor Group LLC boosted its position in shares of Walt Disney Company (The) by 1.8% in the fourth quarter. Private Advisor Group LLC now owns 150,738 shares of the entertainment giant’s stock worth $16,497,000 after buying an additional 2,720 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Walt Disney Company (The) by 2.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 4,416,104 shares of the entertainment giant’s stock worth $460,265,000 after buying an additional 96,169 shares during the period. Finally, Tredje AP fonden boosted its position in shares of Walt Disney Company (The) by 3.8% in the fourth quarter. Tredje AP fonden now owns 158,882 shares of the entertainment giant’s stock worth $16,683,000 after buying an additional 5,862 shares during the period. Institutional investors own 62.35% of the company’s stock.

Walt Disney Company (NYSE:DIS) traded down 1.31% during mid-day trading on Friday, reaching $107.69. The company had a trading volume of 8,498,594 shares. The stock’s 50-day moving average price is $106.01 and its 200 day moving average price is $109.39. The firm has a market capitalization of $168.52 billion, a PE ratio of 18.78 and a beta of 1.40. Walt Disney Company has a 52 week low of $90.32 and a 52 week high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last issued its quarterly earnings data on Tuesday, May 9th. The entertainment giant reported $1.50 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.45 by $0.05. The business had revenue of $13.34 billion during the quarter, compared to analysts’ expectations of $13.44 billion. Walt Disney Company (The) had a return on equity of 19.81% and a net margin of 16.63%. The company’s revenue for the quarter was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.36 EPS. On average, equities research analysts predict that Walt Disney Company will post $5.90 EPS for the current year.

The business also recently disclosed a Semi-Annual dividend, which was paid on Thursday, July 27th. Stockholders of record on Monday, July 10th were issued a $0.78 dividend. The ex-dividend date of this dividend was Thursday, July 6th. Walt Disney Company (The)’s dividend payout ratio (DPR) is presently 27.18%.

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A number of equities analysts have commented on the company. BidaskClub raised Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Bank of America Corporation set a $125.00 price target on Walt Disney Company (The) and gave the stock a “hold” rating in a research note on Saturday, June 24th. Credit Suisse Group reaffirmed an “outperform” rating and issued a $125.00 price target on shares of Walt Disney Company (The) in a research note on Tuesday, July 25th. Royal Bank Of Canada set a $130.00 price target on Walt Disney Company (The) and gave the stock a “buy” rating in a research note on Monday, June 12th. Finally, Vetr cut Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $110.54 price target on the stock. in a research note on Thursday, July 27th. Six equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $115.95.

In other news, Director Susan E. Arnold sold 12,143 shares of the business’s stock in a transaction dated Thursday, May 11th. The stock was sold at an average price of $109.02, for a total value of $1,323,829.86. Following the completion of the transaction, the director now owns 48,673 shares of the company’s stock, valued at approximately $5,306,330.46. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman Robert A. Iger sold 797,578 shares of the business’s 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 directly owns 1,566,484 shares of the company’s stock, valued at approximately $164,621,803.56. The disclosure for this sale can be found here. Insiders own 0.38% of the company’s stock.

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.

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

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