Pillar Pacific Capital Management LLC boosted its position in Walt Disney Company (The) (NYSE:DIS) by 0.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 80,202 shares of the entertainment giant’s stock after acquiring an additional 745 shares during the quarter. Walt Disney Company (The) accounts for approximately 1.2% of Pillar Pacific Capital Management LLC’s portfolio, making the stock its 16th largest holding. Pillar Pacific Capital Management LLC’s holdings in Walt Disney Company (The) were worth $8,521,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Sumitomo Mitsui Financial Group Inc. bought a new position in shares of Walt Disney Company (The) during the first quarter valued at about $144,000. Doyle Wealth Management grew its stake in shares of Walt Disney Company (The) by 3.2% during the second quarter. Doyle Wealth Management now owns 2,069 shares of the entertainment giant’s stock valued at $220,000 after buying an additional 65 shares during the last quarter. Evanson Asset Management LLC grew its stake in shares of Walt Disney Company (The) by 5.3% during the second quarter. Evanson Asset Management LLC now owns 2,070 shares of the entertainment giant’s stock valued at $220,000 after buying an additional 104 shares during the last quarter. Harwood Advisory Group LLC grew its stake in shares of Walt Disney Company (The) by 0.6% during the second quarter. Harwood Advisory Group LLC now owns 2,071 shares of the entertainment giant’s stock valued at $220,000 after buying an additional 12 shares during the last quarter. Finally, Accurate Investment Solutions Inc. grew its stake in shares of Walt Disney Company (The) by 5.3% during the second quarter. Accurate Investment Solutions Inc. now owns 2,080 shares of the entertainment giant’s stock valued at $221,000 after buying an additional 105 shares during the last quarter. 61.38% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have recently issued reports on DIS. BMO Capital Markets reaffirmed an “underperform” rating and set a $90.00 price objective (down from $95.00) on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. Loop Capital reaffirmed a “hold” rating and set a $108.00 price objective on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. Jefferies Group LLC reaffirmed a “hold” rating and set a $103.00 price objective (down from $110.00) on shares of Walt Disney Company (The) in a research note on Friday. Goldman Sachs Group, Inc. (The) set a $133.00 price objective on Walt Disney Company (The) and gave the company a “buy” rating in a research note on Wednesday, August 9th. Finally, Wells Fargo & Company reaffirmed a “market perform” rating and set a $109.00 price objective on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. Five analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. Walt Disney Company (The) presently has a consensus rating of “Hold” and an average target price of $113.76.

Walt Disney Company (NYSE DIS) opened at 99.57 on Tuesday. The stock has a market capitalization of $153.68 billion, a price-to-earnings ratio of 17.66 and a beta of 1.40. The stock’s 50 day moving average is $99.88 and its 200 day moving average is $106.21. Walt Disney Company has a 12-month low of $90.32 and a 12-month high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last released its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, beating the Zacks’ 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 firm had revenue of $14.24 billion for the quarter, compared to the consensus estimate of $14.44 billion. During the same period last year, the firm earned $1.62 earnings per share. The company’s quarterly revenue was down .3% on a year-over-year basis. Equities analysts predict that Walt Disney Company will post $5.80 earnings per share for the current fiscal year.

In other Walt Disney Company (The) news, Director Maria Elena Lagomasino acquired 976 shares of the company’s stock in a transaction dated Thursday, August 10th. The shares were purchased 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 filing with the SEC, which is accessible through the SEC website. 13.00% of the stock is currently owned by company insiders.

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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.

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

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