Nottingham Advisors Inc. increased its position in Walt Disney Company (The) (NYSE:DIS) by 43.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,064 shares of the entertainment giant’s stock after buying an additional 929 shares during the period. Nottingham Advisors Inc.’s holdings in Walt Disney Company (The) were worth $347,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. HM Capital Management LLC raised its stake in Walt Disney Company (The) by 0.5% in the first quarter. HM Capital Management LLC now owns 2,690 shares of the entertainment giant’s stock worth $305,000 after buying an additional 14 shares in the last quarter. Barton Investment Management raised its stake in Walt Disney Company (The) by 0.3% in the first quarter. Barton Investment Management now owns 7,732 shares of the entertainment giant’s stock worth $876,000 after buying an additional 20 shares in the last quarter. Mutual of Omaha Bank Wealth Management raised its stake in Walt Disney Company (The) by 0.7% in the first quarter. Mutual of Omaha Bank Wealth Management now owns 4,570 shares of the entertainment giant’s stock worth $519,000 after buying an additional 30 shares in the last quarter. Cordasco Financial Network raised its stake in 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, West Oak Capital LLC raised its stake in Walt Disney Company (The) by 0.6% in the first quarter. West Oak Capital LLC now owns 7,744 shares of the entertainment giant’s stock worth $878,000 after buying an additional 50 shares in the last quarter. 61.46% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Company (DIS) traded down 1.29% during midday trading on Thursday, hitting $101.54. 2,938,061 shares of the stock were exchanged. The firm’s 50-day moving average is $104.96 and its 200 day moving average is $108.67. Walt Disney Company has a 52 week low of $90.32 and a 52 week high of $116.10. The stock has a market cap of $156.72 billion, a price-to-earnings ratio of 18.01 and a beta of 1.40.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share for the quarter, beating the Zacks’ consensus estimate 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 for the quarter, compared to analyst estimates of $14.44 billion. During the same quarter in the previous year, the firm posted $1.62 earnings per share. The business’s revenue was down .3% on a year-over-year basis. Equities research analysts expect that Walt Disney Company will post $5.88 EPS for the current fiscal year.

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Several research firms recently commented on DIS. Bank of America Corporation set a $125.00 target price on Walt Disney Company (The) and gave the company a “hold” rating in a report on Saturday, June 24th. BMO Capital Markets reissued an “underperform” rating and issued a $90.00 target price (down previously from $95.00) on shares of Walt Disney Company (The) in a report on Thursday, August 10th. Guggenheim reissued a “buy” rating and issued a $122.00 target price (down previously from $128.00) on shares of Walt Disney Company (The) in a report on Wednesday, July 12th. Credit Suisse Group reissued an “outperform” rating and issued a $125.00 target price on shares of Walt Disney Company (The) in a report on Tuesday, July 25th. Finally, BidaskClub lowered Walt Disney Company (The) from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Five equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and sixteen have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $114.61.

In other Walt Disney Company (The) news, Chairman Robert A. Iger sold 797,578 shares of Walt Disney Company (The) 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 transaction, the chairman now owns 1,566,484 shares of the company’s stock, valued at $164,621,803.56. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Maria Elena Lagomasino purchased 976 shares of the business’s stock in a transaction on Thursday, August 10th. The stock was bought at an average cost of $102.34 per share, for a total transaction of $99,883.84. Following the purchase, 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. 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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