Arthur M. Cohen & Associates LLC trimmed its holdings in Walt Disney Company (The) (NYSE:DIS) by 2.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,827 shares of the entertainment giant’s stock after selling 282 shares during the period. Arthur M. Cohen & Associates LLC’s holdings in Walt Disney Company (The) were worth $1,486,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DIS. Harwood Advisory Group LLC raised its stake in Walt Disney Company (The) by 0.6% during the 2nd quarter. Harwood Advisory Group LLC now owns 2,071 shares of the entertainment giant’s stock valued at $220,000 after purchasing an additional 12 shares during the period. HM Capital Management LLC lifted its holdings in Walt Disney Company (The) by 0.5% in the 1st quarter. HM Capital Management LLC now owns 2,690 shares of the entertainment giant’s stock worth $305,000 after purchasing an additional 14 shares in the last quarter. Barton Investment Management lifted its holdings in Walt Disney Company (The) by 0.3% in the 1st quarter. Barton Investment Management now owns 7,732 shares of the entertainment giant’s stock worth $876,000 after purchasing an additional 20 shares in the last quarter. Ipswich Investment Management Co. Inc. lifted its holdings in Walt Disney Company (The) by 0.3% in the 2nd quarter. Ipswich Investment Management Co. Inc. now owns 8,320 shares of the entertainment giant’s stock worth $884,000 after purchasing an additional 25 shares in the last quarter. Finally, Youngs Advisory Group Inc. lifted its holdings in Walt Disney Company (The) by 0.5% in the 2nd quarter. Youngs Advisory Group Inc. now owns 5,797 shares of the entertainment giant’s stock worth $616,000 after purchasing an additional 30 shares in the last quarter. 61.38% of the stock is owned by hedge funds and other institutional investors.

DIS has been the subject of several recent analyst reports. Zacks Investment Research downgraded Walt Disney Company (The) from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Citigroup Inc. reiterated a “neutral” rating on shares of Walt Disney Company (The) in a research report on Thursday, September 28th. Morgan Stanley reissued an “overweight” rating and issued a $130.00 target price on shares of Walt Disney Company (The) in a report on Wednesday, June 21st. Vetr downgraded shares of Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $103.55 target price on the stock. in a report on Monday, August 21st. Finally, Wells Fargo & Company restated a “buy” rating and set a $116.00 target price on shares of Walt Disney Company (The) in a research report on Wednesday, September 20th. Four investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and twenty have assigned a buy rating to the company’s stock. Walt Disney Company (The) presently has a consensus rating of “Hold” and a consensus price target of $113.52.

Walt Disney Company (NYSE DIS) opened at 99.86 on Tuesday. The company has a market capitalization of $154.13 billion, a price-to-earnings ratio of 17.71 and a beta of 1.40. Walt Disney Company has a 52-week low of $90.32 and a 52-week high of $116.10. The stock has a 50 day moving average price of $100.05 and a 200 day moving average price of $106.64.

Walt Disney Company (The) (NYSE:DIS) last issued its quarterly earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.53 by $0.05. The company 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 firm’s revenue was down .3% compared to the same quarter last year. During the same quarter last year, the company posted $1.62 EPS. On average, equities analysts expect that Walt Disney Company will post $5.81 earnings per share for the current year.

In related news, Director Maria Elena Lagomasino acquired 976 shares of Walt Disney Company (The) stock in a transaction dated Thursday, August 10th. The shares were acquired at an average cost of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the purchase, the director now owns 7,513 shares in the company, valued at $768,880.42. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 13.00% of the stock is currently owned by corporate insiders.

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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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