Walt Disney Company (The) (DIS) Holdings Increased by Exchange Capital Management Inc.

Exchange Capital Management Inc. raised its holdings in Walt Disney Company (The) (NYSE:DIS) by 1.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 51,211 shares of the entertainment giant’s stock after acquiring an additional 713 shares during the period. Walt Disney Company (The) makes up 1.8% of Exchange Capital Management Inc.’s investment portfolio, making the stock its 15th largest position. Exchange Capital Management Inc.’s holdings in Walt Disney Company (The) were worth $5,441,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in DIS. Wendell David Associates Inc. raised its holdings in shares of Walt Disney Company (The) by 6.6% during the 1st quarter. Wendell David Associates Inc. now owns 49,369 shares of the entertainment giant’s stock valued at $5,598,000 after buying an additional 3,070 shares in the last quarter. Sanders Morris Harris Inc. raised its holdings in shares of Walt Disney Company (The) by 41.5% during the 1st quarter. Sanders Morris Harris Inc. now owns 2,896 shares of the entertainment giant’s stock valued at $328,000 after buying an additional 850 shares in the last quarter. Oakbrook Investments LLC raised its holdings in shares of Walt Disney Company (The) by 22.2% during the 1st quarter. Oakbrook Investments LLC now owns 334,349 shares of the entertainment giant’s stock valued at $37,912,000 after buying an additional 60,845 shares in the last quarter. Huntington Steele LLC raised its holdings in shares of Walt Disney Company (The) by 2.8% during the 1st quarter. Huntington Steele LLC now owns 3,732 shares of the entertainment giant’s stock valued at $423,000 after buying an additional 100 shares in the last quarter. Finally, West Coast Financial LLC raised its holdings in shares of Walt Disney Company (The) by 2.2% during the 1st quarter. West Coast Financial LLC now owns 30,446 shares of the entertainment giant’s stock valued at $3,452,000 after buying an additional 666 shares in the last quarter. 61.38% of the stock is currently owned by hedge funds and other institutional investors.

In other Walt Disney Company (The) news, Director Maria Elena Lagomasino acquired 976 shares of the stock in a transaction dated Thursday, August 10th. The stock was purchased at an average price of $102.34 per share, with a total value of $99,883.84. Following the transaction, the director now directly owns 7,513 shares of the company’s stock, valued at $768,880.42. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.38% of the stock is owned by company insiders.

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A number of equities 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 price objective on the stock. in a report on Thursday, July 27th. BidaskClub raised Walt Disney Company (The) from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Credit Suisse Group reissued an “outperform” rating and set a $125.00 price objective on shares of Walt Disney Company (The) in a report on Tuesday, July 25th. 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 report on Wednesday, August 9th. Finally, Piper Jaffray Companies set a $130.00 price objective on Walt Disney Company (The) and gave the company a “buy” rating in a report on Wednesday, August 9th. Five investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $113.97.

Walt Disney Company (NYSE:DIS) opened at 98.55 on Thursday. Walt Disney Company has a 1-year low of $90.32 and a 1-year high of $116.10. The stock has a 50 day moving average price of $99.71 and a 200 day moving average price of $106.06. The stock has a market cap of $152.11 billion, a PE ratio of 17.48 and a beta of 1.40.

Walt Disney Company (The) (NYSE:DIS) last posted its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.53 by $0.05. The firm had revenue of $14.24 billion during the quarter, compared to analysts’ expectations of $14.44 billion. Walt Disney Company (The) had a return on equity of 19.69% and a net margin of 16.22%. The business’s quarterly revenue was down .3% on a year-over-year basis. During the same quarter last year, the firm earned $1.62 EPS. On average, analysts predict that Walt Disney Company will post $5.79 EPS for the current fiscal year.

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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