Eqis Capital Management Inc. boosted its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 78.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,019 shares of the entertainment giant’s stock after acquiring an additional 7,478 shares during the quarter. Eqis Capital Management Inc.’s holdings in Walt Disney Company (The) were worth $1,808,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of DIS. Coastline Trust Co boosted its holdings in Walt Disney Company (The) by 33.3% during the 1st quarter. Coastline Trust Co now owns 11,330 shares of the entertainment giant’s stock valued at $1,284,000 after acquiring an additional 2,828 shares during the period. Benin Management CORP boosted its holdings in Walt Disney Company (The) by 0.9% during the 1st quarter. Benin Management CORP now owns 19,853 shares of the entertainment giant’s stock valued at $2,251,000 after acquiring an additional 170 shares during the period. Patten & Patten Inc. TN boosted its holdings in Walt Disney Company (The) by 7.3% during the 1st quarter. Patten & Patten Inc. TN now owns 23,419 shares of the entertainment giant’s stock valued at $2,655,000 after acquiring an additional 1,597 shares during the period. Barometer Capital Management Inc. purchased a new stake in Walt Disney Company (The) during the 1st quarter valued at about $14,004,000. Finally, Nisa Investment Advisors LLC boosted its holdings in Walt Disney Company (The) by 0.4% during the 1st quarter. Nisa Investment Advisors LLC now owns 587,566 shares of the entertainment giant’s stock valued at $66,622,000 after acquiring an additional 2,368 shares during the period. Institutional investors own 61.38% of the company’s stock.

Walt Disney Company (DIS) traded down 0.12% during trading on Friday, hitting $99.99. The stock had a trading volume of 2,220,845 shares. Walt Disney Company has a 52-week low of $90.32 and a 52-week high of $116.10. The firm has a market cap of $154.33 billion, a PE ratio of 17.74 and a beta of 1.40. The company’s 50 day moving average is $99.95 and its 200 day moving average is $106.47.

Walt Disney Company (The) (NYSE:DIS) last posted its quarterly earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, beating the 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 company had revenue of $14.24 billion for the quarter, compared to analyst estimates of $14.44 billion. During the same period in the prior year, the company earned $1.62 earnings per share. The firm’s revenue was down .3% on a year-over-year basis. Equities research analysts forecast that Walt Disney Company will post $5.81 earnings per share for the current year.

In other news, Director Maria Elena Lagomasino bought 976 shares of the stock in a transaction dated Thursday, August 10th. The shares were acquired at an average cost of $102.34 per share, with a total value of $99,883.84. Following the purchase, the director now directly owns 7,513 shares in the company, valued at approximately $768,880.42. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.38% of the company’s stock.

A number of research analysts have commented on the company. Jefferies Group LLC lowered their price target on Walt Disney Company (The) from $110.00 to $103.00 and set a “hold” rating for the company in a research report on Friday. BMO Capital Markets reaffirmed an “underperform” rating and set a $90.00 price target (down previously from $95.00) on shares of Walt Disney Company (The) in a research report on Thursday, August 10th. Loop Capital reaffirmed a “hold” rating and set a $108.00 price target on shares of Walt Disney Company (The) in a research report on Thursday, August 10th. Goldman Sachs Group, Inc. (The) set a $133.00 price target on Walt Disney Company (The) and gave the company a “buy” rating in a research report on Wednesday, August 9th. Finally, Wells Fargo & Company reaffirmed a “market perform” rating and set a $109.00 price target on shares of Walt Disney Company (The) in a research report on Thursday, August 10th. Five research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and nineteen have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $113.92.

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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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