Canada Pension Plan Investment Board increased its position in shares of Walt Disney Company (The) (NYSE:DIS) by 8,245.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 670,726 shares of the entertainment giant’s stock after buying an additional 662,689 shares during the period. Canada Pension Plan Investment Board’s holdings in Walt Disney Company (The) were worth $76,054,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of DIS. Thomas J. Herzfeld Advisors Inc. acquired a new position in shares of Walt Disney Company (The) during the fourth quarter worth $110,000. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC raised its position in shares of 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. Feltz Wealth PLAN Inc. acquired a new position in shares of Walt Disney Company (The) during the first quarter worth $173,000. Cordasco Financial Network raised its position in shares of Walt Disney Company (The) by 2.4% in the first quarter. Cordasco Financial Network now owns 1,549 shares of the entertainment giant’s stock worth $176,000 after buying an additional 37 shares in the last quarter. Finally, Paragon Capital Management Ltd acquired a new position in shares of Walt Disney Company (The) during the first quarter worth $200,000. 62.34% of the stock is currently owned by hedge funds and other institutional investors.

Walt Disney Company (NYSE DIS) traded down 0.67% on Friday, reaching $100.70. 6,893,916 shares of the company’s stock traded hands. The firm has a market capitalization of $155.43 billion, a PE ratio of 17.86 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. The firm’s 50 day moving average price is $105.49 and its 200 day moving average price is $108.98.

Walt Disney Company (The) (NYSE:DIS) last issued its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.53 by $0.05. The company had revenue of $14.24 billion for the quarter, compared to analyst estimates of $14.44 billion. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The company’s revenue was down .3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.62 earnings per share. On average, analysts predict that Walt Disney Company will post $5.88 EPS for the current fiscal 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 given a $0.78 dividend. The ex-dividend date was Thursday, July 6th. Walt Disney Company (The)’s payout ratio is presently 27.56%.

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DIS has been the topic of a number of recent analyst reports. Deutsche Bank AG reissued a “buy” rating and set a $125.00 price target (down previously from $130.00) on shares of Walt Disney Company (The) in a research note on Monday, May 15th. Goldman Sachs Group, Inc. (The) reissued a “buy” rating and set a $134.00 price target on shares of Walt Disney Company (The) in a research note on Wednesday, May 10th. Piper Jaffray Companies set a $130.00 price objective on Walt Disney Company (The) and gave the stock a “buy” rating in a report on Wednesday, May 10th. Credit Suisse Group restated a “buy” rating and set a $125.00 price objective on shares of Walt Disney Company (The) in a report on Sunday, May 28th. Finally, Moffett Nathanson restated a “buy” rating on shares of Walt Disney Company (The) in a report on Friday, June 9th. Five research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and seventeen have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $115.16.

In other news, Chairman Robert A. Iger sold 797,578 shares of the firm’s stock in a transaction that occurred on 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 sale, the chairman now directly owns 1,566,484 shares in the company, valued at approximately $164,621,803.56. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Maria Elena Lagomasino purchased 976 shares of Walt Disney Company (The) stock in a transaction dated Thursday, August 10th. The stock was bought at an average price of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the purchase, the director now owns 7,513 shares in the company, valued at approximately $768,880.42. The disclosure for this purchase can be found here. 0.38% of the stock is owned by corporate 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.

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

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