ProVise Management Group LLC Sells 3,026 Shares of Walt Disney Company (The) (DIS)

ProVise Management Group LLC decreased its holdings in Walt Disney Company (The) (NYSE:DIS) by 21.7% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,949 shares of the entertainment giant’s stock after selling 3,026 shares during the quarter. ProVise Management Group LLC’s holdings in Walt Disney Company (The) were worth $1,164,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Lee Financial Co grew its position in Walt Disney Company (The) by 7.6% in the second quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock worth $112,000 after buying an additional 74 shares during the last quarter. Sumitomo Mitsui Financial Group Inc. acquired a new position in Walt Disney Company (The) in the first quarter worth approximately $144,000. Allegis Investment Advisors LLC acquired a new position in Walt Disney Company (The) in the second quarter worth approximately $206,000. Weybosset Research & Management LLC grew its position in Walt Disney Company (The) by 2.6% in the second quarter. Weybosset Research & Management LLC now owns 2,000 shares of the entertainment giant’s stock worth $213,000 after buying an additional 50 shares during the last quarter. Finally, Comprehensive Portfolio Management LLC acquired a new position in Walt Disney Company (The) in the second quarter worth approximately $219,000. Hedge funds and other institutional investors own 61.06% of the company’s stock.

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Walt Disney Company (DIS) opened at $103.17 on Wednesday. Walt Disney Company has a twelve month low of $96.20 and a twelve month high of $116.10. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42. The stock has a market cap of $159,240.00, a PE ratio of 18.38, a PEG ratio of 2.22 and a beta of 1.37.

Walt Disney Company (The) (NYSE:DIS) last posted its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by ($0.05). The company had revenue of $12.78 billion for the quarter, compared to the consensus estimate of $13.30 billion. Walt Disney Company (The) had a return on equity of 19.66% and a net margin of 16.29%. The business’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.10 EPS. equities research analysts forecast that Walt Disney Company will post 6.24 earnings per share for the current year.

DIS has been the topic of several recent research reports. BidaskClub upgraded shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research upgraded shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. Piper Jaffray Companies set a $130.00 price target on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a research report on Tuesday, August 22nd. Vetr upgraded shares of Walt Disney Company (The) from a “buy” rating to a “strong-buy” rating and set a $110.51 price target on the stock in a research report on Wednesday, October 11th. Finally, Barclays PLC lowered their price objective on shares of Walt Disney Company (The) from $98.00 to $94.00 and set an “equal weight” rating on the stock in a research report on Friday, October 13th. Four investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eighteen have given a buy rating to the stock. Walt Disney Company (The) currently has a consensus rating of “Hold” and a consensus target price of $112.81.

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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