American National Registered Investment Advisor Inc. continued to hold its position in shares of Walt Disney Company (The) (NYSE:DIS) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,635 shares of the entertainment giant’s stock at the end of the first quarter. Walt Disney Company (The) accounts for 1.1% of American National Registered Investment Advisor Inc.’s portfolio, making the stock its 11th largest position. American National Registered Investment Advisor Inc.’s holdings in Walt Disney Company (The) were worth $2,680,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of DIS. Sequoia Financial Advisors LLC boosted its stake in shares of Walt Disney Company (The) by 0.5% in the first quarter. Sequoia Financial Advisors LLC now owns 11,118 shares of the entertainment giant’s stock valued at $1,261,000 after buying an additional 53 shares during the last quarter. WASHINGTON TRUST Co boosted its stake in shares of Walt Disney Company (The) by 12.8% in the first quarter. WASHINGTON TRUST Co now owns 82,718 shares of the entertainment giant’s stock valued at $9,379,000 after buying an additional 9,412 shares during the last quarter. First Houston Capital Inc. boosted its stake in shares of Walt Disney Company (The) by 63.8% in the first quarter. First Houston Capital Inc. now owns 20,800 shares of the entertainment giant’s stock valued at $2,359,000 after buying an additional 8,100 shares during the last quarter. Barry Investment Advisors LLC boosted its stake in shares of Walt Disney Company (The) by 0.3% in the first quarter. Barry Investment Advisors LLC now owns 69,389 shares of the entertainment giant’s stock valued at $7,868,000 after buying an additional 213 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in shares of Walt Disney Company (The) during the first quarter valued at $3,128,000. 62.34% of the stock is owned by institutional investors and hedge funds.

Walt Disney Company (NYSE DIS) traded up 0.88% during midday trading on Friday, reaching $102.41. The company had a trading volume of 6,186,933 shares. Walt Disney Company has a 52 week low of $90.32 and a 52 week high of $116.10. The company has a market capitalization of $158.07 billion, a price-to-earnings ratio of 18.16 and a beta of 1.40. The firm has a 50-day moving average price of $104.96 and a 200-day moving average price of $108.67.

Walt Disney Company (The) (NYSE:DIS) last released its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.05. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The firm had revenue of $14.24 billion during the quarter, compared to the consensus estimate of $14.44 billion. During the same period in the previous year, the firm earned $1.62 earnings per share. Walt Disney Company (The)’s revenue was down .3% compared to the same quarter last year. Analysts expect that Walt Disney Company will post $5.88 EPS for the current fiscal year.

The business also recently announced a Semi-Annual dividend, which was paid on Thursday, July 27th. Investors 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 payout ratio is 27.56%.

TRADEMARK VIOLATION WARNING: “Walt Disney Company (The) (DIS) Stake Held by American National Registered Investment Advisor Inc.” was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece of content on another site, it was stolen and reposted in violation of United States & international trademark and copyright legislation. The legal version of this piece of content can be read at https://www.thecerbatgem.com/2017/08/26/walt-disney-company-the-dis-stake-held-by-american-national-registered-investment-advisor-inc.html.

Several brokerages have recently weighed in on DIS. BMO Capital Markets reissued an “underperform” rating and issued a $90.00 price target (down previously from $95.00) on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. Loop Capital reissued a “hold” rating and issued a $108.00 price target on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. Goldman Sachs Group, Inc. (The) set a $133.00 price target on Walt Disney Company (The) and gave the company a “buy” rating in a research note on Wednesday, August 9th. Wells Fargo & Company reissued a “market perform” rating and issued a $109.00 price target on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. Finally, FBR & Co decreased their price target on Walt Disney Company (The) from $114.00 to $112.00 and set a “market perform” rating for the company in a research note on Wednesday, August 9th. Five equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and sixteen have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $114.61.

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

Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walt Disney Company (The) (NYSE:DIS).

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

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.