Pillar Pacific Capital Management LLC boosted its position in shares of Walt Disney Company (The) (NYSE:DIS) by 1.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 79,457 shares of the entertainment giant’s stock after buying an additional 910 shares during the period. Walt Disney Company (The) makes up 1.3% of Pillar Pacific Capital Management LLC’s investment portfolio, making the stock its 10th largest position. Pillar Pacific Capital Management LLC’s holdings in Walt Disney Company (The) were worth $9,010,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Wsfs Capital Management LLC bought a new stake in Walt Disney Company (The) during the fourth quarter valued at about $364,000. Macquarie Group Ltd. raised its stake in Walt Disney Company (The) by 4.1% in the fourth quarter. Macquarie Group Ltd. now owns 316,759 shares of the entertainment giant’s stock valued at $33,012,000 after buying an additional 12,377 shares in the last quarter. TrueNorth Inc. raised its stake in Walt Disney Company (The) by 82.2% in the fourth quarter. TrueNorth Inc. now owns 9,813 shares of the entertainment giant’s stock valued at $1,023,000 after buying an additional 4,427 shares in the last quarter. First Financial Bank N.A. Trust Division raised its stake in Walt Disney Company (The) by 1.2% in the first quarter. First Financial Bank N.A. Trust Division now owns 60,312 shares of the entertainment giant’s stock valued at $6,838,000 after buying an additional 720 shares in the last quarter. Finally, Private Asset Management Inc. raised its stake in Walt Disney Company (The) by 3.6% in the first quarter. Private Asset Management Inc. now owns 100,494 shares of the entertainment giant’s stock valued at $11,395,000 after buying an additional 3,500 shares in the last quarter. Institutional investors own 61.46% of the company’s stock.

Walt Disney Company (NYSE DIS) traded down 0.03% on Monday, reaching $102.38. The company’s stock had a trading volume of 993,380 shares. The firm has a market capitalization of $158.02 billion, a price-to-earnings ratio of 18.16 and a beta of 1.40. The company has a 50 day moving average of $104.96 and a 200 day moving average of $108.67. 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 posted its earnings results 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 business 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 business’s quarterly revenue was down .3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.62 EPS. On average, analysts forecast that Walt Disney Company will post $5.88 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: This story was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this story on another domain, it was illegally stolen and republished in violation of United States & international trademark & copyright laws. The original version of this story can be accessed at https://www.thecerbatgem.com/2017/08/28/pillar-pacific-capital-management-llc-boosts-position-in-walt-disney-company-the-dis.html.

DIS has been the subject of several recent research reports. Goldman Sachs Group, Inc. (The) set a $134.00 price target on Walt Disney Company (The) and gave the company a “buy” rating in a report on Saturday, May 20th. Piper Jaffray Companies set a $130.00 price target on Walt Disney Company (The) and gave the company a “buy” rating in a report on Wednesday, May 10th. 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 report on Monday, May 15th. Credit Suisse Group reissued a “buy” rating and set a $125.00 price target on shares of Walt Disney Company (The) in a report on Sunday, May 28th. Finally, Moffett Nathanson reissued a “buy” rating on shares of Walt Disney Company (The) in a report on Friday, June 9th. Five investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and sixteen have issued a buy rating to the company. Walt Disney Company (The) presently has a consensus rating of “Hold” and a consensus price target of $114.61.

In other Walt Disney Company (The) news, Director Maria Elena Lagomasino bought 976 shares of Walt Disney Company (The) stock in a transaction that occurred on Thursday, August 10th. The shares were acquired at an average price of $102.34 per share, for a total transaction of $99,883.84. Following the acquisition, the director now owns 7,513 shares of the company’s stock, valued at approximately $768,880.42. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Chairman Robert A. Iger sold 797,578 shares of Walt Disney Company (The) stock in a transaction on Friday, June 9th. The shares were sold at an average price of $105.09, for a total transaction of $83,817,472.02. Following 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 own 13.00% of the company’s stock.

Walt Disney Company (The) Company Profile

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)

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.