Hendley & Co. Inc. lifted its position in Walt Disney Company (The) (NYSE:DIS) by 0.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 82,913 shares of the entertainment giant’s stock after purchasing an additional 325 shares during the quarter. Walt Disney Company (The) accounts for about 4.9% of Hendley & Co. Inc.’s holdings, making the stock its 2nd largest holding. Hendley & Co. Inc.’s holdings in Walt Disney Company (The) were worth $8,810,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. HM Capital Management LLC boosted its holdings in 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 during the period. Fox Run Management L.L.C. purchased a new stake in Walt Disney Company (The) during the 1st quarter valued at about $1,270,000. State Treasurer State of Michigan boosted its holdings in 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 during the period. Mutual of America Capital Management LLC boosted its holdings in Walt Disney Company (The) by 1.4% during the 1st quarter. Mutual of America Capital Management LLC now owns 175,248 shares of the entertainment giant’s stock valued at $19,871,000 after acquiring an additional 2,351 shares during the period. Finally, Clearbridge Investments LLC boosted its holdings in Walt Disney Company (The) by 2.0% during the 1st quarter. Clearbridge Investments LLC now owns 7,623,125 shares of the entertainment giant’s stock valued at $864,386,000 after acquiring an additional 150,316 shares during the period. Hedge funds and other institutional investors own 61.48% of the company’s stock.

Several equities research analysts recently weighed in on the company. Vetr cut Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $110.54 target price for the company. in a report on Thursday, July 27th. BidaskClub upgraded Walt Disney Company (The) from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Credit Suisse Group restated a “buy” rating and set a $125.00 target price on shares of Walt Disney Company (The) in a report on Sunday, May 28th. Goldman Sachs Group, Inc. (The) set a $134.00 target price on Walt Disney Company (The) and gave the company a “buy” rating in a report on Saturday, May 20th. Finally, Wells Fargo & Company restated a “market perform” rating and set a $111.00 target price on shares of Walt Disney Company (The) in a report on Thursday, May 25th. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twenty-one have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $113.98.

In other news, Director Maria Elena Lagomasino bought 976 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The shares were purchased at an average cost of $102.34 per share, with a total value of $99,883.84. Following the transaction, the director now directly owns 7,513 shares in the company, valued at $768,880.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.38% of the stock is owned by corporate insiders.

COPYRIGHT VIOLATION WARNING: “Walt Disney Company (The) (DIS) is Hendley & Co. Inc.’s 2nd Largest Position” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another site, it was copied illegally and reposted in violation of U.S. and international trademark & copyright laws. The legal version of this story can be read at https://www.thecerbatgem.com/2017/09/16/walt-disney-company-the-dis-is-hendley-co-inc-s-2nd-largest-position.html.

Walt Disney Company (NYSE DIS) traded up 0.63% during trading on Friday, hitting $98.52. The stock had a trading volume of 23,870,293 shares. The firm has a market cap of $152.06 billion, a PE ratio of 17.47 and a beta of 1.42. The company’s 50 day moving average is $102.58 and its 200 day moving average is $107.67. 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 released its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a return on equity of 19.69% and a net margin of 16.22%. The firm had revenue of $14.24 billion for the quarter, compared to the consensus estimate of $14.44 billion. During the same period in the prior year, the firm earned $1.62 EPS. The firm’s revenue was down .3% on a year-over-year basis. Equities research analysts forecast that Walt Disney Company will post $5.82 earnings per share for the current year.

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.