Gotham Asset Management LLC decreased its holdings in shares of Walt Disney Company (The) (NYSE:DIS) by 43.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,370 shares of the entertainment giant’s stock after selling 92,474 shares during the quarter. Gotham Asset Management LLC’s holdings in Walt Disney Company (The) were worth $13,762,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. HM Capital Management LLC lifted its holdings in shares of Walt Disney Company (The) by 0.5% during the 1st quarter. HM Capital Management LLC now owns 2,690 shares of the entertainment giant’s stock valued at $305,000 after acquiring an additional 14 shares in the last quarter. Fox Run Management L.L.C. acquired a new position in shares of Walt Disney Company (The) during the 1st quarter valued at $1,270,000. State Treasurer State of Michigan lifted its holdings in shares of Walt Disney Company (The) by 73.3% during the 1st quarter. State Treasurer State of Michigan now owns 1,355,053 shares of the entertainment giant’s stock valued at $153,649,000 after acquiring an additional 573,000 shares in the last quarter. Virtu Financial LLC acquired a new position in shares of Walt Disney Company (The) during the 1st quarter valued at $450,000. Finally, Gradient Investments LLC lifted its holdings in shares of Walt Disney Company (The) by 2.5% during the 1st quarter. Gradient Investments LLC now owns 4,636 shares of the entertainment giant’s stock valued at $526,000 after acquiring an additional 112 shares in the last quarter. Institutional investors and hedge funds own 61.47% of the company’s stock.

In related news, Director Maria Elena Lagomasino acquired 976 shares of the stock in a transaction on Thursday, August 10th. The stock was purchased at an average price of $102.34 per share, for a total transaction of $99,883.84. Following the transaction, 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 through this link. Company insiders own 0.38% of the company’s stock.

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DIS has been the topic of several recent research reports. BMO Capital Markets restated an “underperform” rating and set a $95.00 target price on shares of Walt Disney Company (The) in a report on Friday, May 12th. Loop Capital restated a “hold” rating and set a $117.00 target price on shares of Walt Disney Company (The) in a report on Friday, May 12th. Deutsche Bank AG restated a “buy” rating and set a $125.00 target price (down previously from $130.00) on shares of Walt Disney Company (The) in a report on Monday, May 15th. Macquarie lowered shares of Walt Disney Company (The) from an “outperform” rating to a “neutral” rating and lifted their target price for the company from $90.32 to $105.00 in a report on Wednesday, May 17th. Finally, Piper Jaffray Companies restated an “overweight” rating and set a $130.00 target price on shares of Walt Disney Company (The) in a report on Friday, May 19th. Four research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and twenty-one have issued a buy rating to the company. Walt Disney Company (The) currently has a consensus rating of “Hold” and a consensus price target of $113.95.

Shares of Walt Disney Company (NYSE DIS) traded up 0.01% during mid-day trading on Friday, hitting $97.07. 13,147,662 shares of the stock were exchanged. The firm has a market cap of $149.83 billion, a price-to-earnings ratio of 17.22 and a beta of 1.42. Walt Disney Company has a 1-year low of $90.32 and a 1-year high of $116.10. The company’s 50-day moving average is $103.93 and its 200-day moving average is $108.10. Walt Disney Company (The) also was the recipient of some unusual options trading activity on Thursday. Traders acquired 43,955 put options on the stock. This represents an increase of approximately 179% compared to the average daily volume of 15,745 put options.

Walt Disney Company (The) (NYSE:DIS) last posted its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.05. The firm had revenue of $14.24 billion during the quarter, compared to analysts’ expectations 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 quarterly revenue was down .3% compared to the same quarter last year. During the same quarter last year, the company posted $1.62 EPS. Equities research analysts anticipate that Walt Disney Company will post $5.87 earnings per share for the current fiscal year.

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.

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

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