Texan Capital Management increased its stake in Walt Disney Company (The) (NYSE:DIS) by 2.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,787 shares of the entertainment giant’s stock after acquiring an additional 575 shares during the period. Walt Disney Company (The) makes up approximately 1.9% of Texan Capital Management’s investment portfolio, making the stock its 19th biggest position. Texan Capital Management’s holdings in Walt Disney Company (The) were worth $2,846,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of DIS. Sumitomo Mitsui Financial Group Inc. acquired a new position in Walt Disney Company (The) during the first quarter worth about $144,000. Feltz Wealth PLAN Inc. bought a new stake in Walt Disney Company (The) in the first quarter worth about $173,000. Evanson Asset Management LLC lifted its holdings in Walt Disney Company (The) by 5.3% in the 2nd quarter. Evanson Asset Management LLC now owns 2,070 shares of the entertainment giant’s stock valued at $220,000 after acquiring an additional 104 shares during the last quarter. Milestone Group Inc. lifted its holdings in Walt Disney Company (The) by 6.0% in the 1st quarter. Milestone Group Inc. now owns 2,100 shares of the entertainment giant’s stock valued at $238,000 after acquiring an additional 119 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC lifted its holdings in Walt Disney Company (The) by 56.6% in the 1st quarter. Signature Estate & Investment Advisors LLC now owns 2,113 shares of the entertainment giant’s stock valued at $240,000 after acquiring an additional 764 shares during the last quarter. Institutional investors and hedge funds own 61.38% of the company’s stock.

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 stock was acquired 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 13.00% of the stock is currently owned by corporate insiders.

Walt Disney Company (DIS) traded down 0.39% during mid-day trading on Wednesday, reaching $100.40. The company’s stock had a trading volume of 2,427,418 shares. The company has a 50 day moving average of $100.04 and a 200-day moving average of $106.56. 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 $154.97 billion, a PE ratio of 17.81 and a beta of 1.40.

Walt Disney Company (The) (NYSE:DIS) last announced its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.05. The company had revenue of $14.24 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the firm posted $1.62 EPS. Equities analysts forecast that Walt Disney Company will post $5.81 earnings per share for the current year.

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Several research firms have recently weighed in on DIS. Royal Bank Of Canada set a $130.00 price objective on shares of Walt Disney Company (The) and gave the company a “buy” rating in a research report on Monday, June 12th. Moffett Nathanson reiterated a “buy” rating on shares of Walt Disney Company (The) in a report on Friday, June 9th. Guggenheim reiterated a “buy” rating and issued a $122.00 target price (down from $128.00) on shares of Walt Disney Company (The) in a report on Wednesday, July 12th. BidaskClub raised shares of Walt Disney Company (The) from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Finally, Piper Jaffray Companies set a $130.00 target price on shares of Walt Disney Company (The) and gave the company a “buy” rating in a research note on Wednesday, August 9th. Five investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twenty have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $113.52.

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)

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