Walt Disney Company (The) (DIS) Position Trimmed by Alliance Wealth Management Group

Alliance Wealth Management Group decreased its position in shares of Walt Disney Company (The) (NYSE:DIS) by 1.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,128 shares of the entertainment giant’s stock after selling 30 shares during the quarter. Alliance Wealth Management Group’s holdings in Walt Disney Company (The) were worth $226,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DIS. Harbour Capital Advisors LLC lifted its position in Walt Disney Company (The) by 10,076.9% during the second quarter. Harbour Capital Advisors LLC now owns 1,387,625 shares of the entertainment giant’s stock worth $13,060,000 after purchasing an additional 1,373,990 shares during the period. Canada Pension Plan Investment Board raised its stake in Walt Disney Company (The) by 8,245.5% during the first quarter. Canada Pension Plan Investment Board now owns 670,726 shares of the entertainment giant’s stock worth $76,054,000 after acquiring an additional 662,689 shares in the last quarter. AQR Capital Management LLC raised its stake in Walt Disney Company (The) by 111.0% during the first quarter. AQR Capital Management LLC now owns 1,190,645 shares of the entertainment giant’s stock worth $135,008,000 after acquiring an additional 626,245 shares in the last quarter. State Treasurer State of Michigan raised its stake in Walt Disney Company (The) by 73.3% during the first quarter. State Treasurer State of Michigan now owns 1,355,053 shares of the entertainment giant’s stock worth $153,649,000 after acquiring an additional 573,000 shares in the last quarter. Finally, Scopus Asset Management L.P. raised its stake in Walt Disney Company (The) by 275.0% during the first quarter. Scopus Asset Management L.P. now owns 750,000 shares of the entertainment giant’s stock worth $85,043,000 after acquiring an additional 550,000 shares in the last quarter. 61.06% of the stock is owned by institutional investors and hedge funds.

Walt Disney Company (NYSE DIS) opened at $103.69 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 0.81. Walt Disney Company has a 52 week low of $96.20 and a 52 week high of $116.10. The firm has a market capitalization of $159,240.92, a price-to-earnings ratio of 18.10, a price-to-earnings-growth ratio of 2.19 and a beta of 1.37.

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

Several brokerages have commented on DIS. BMO Capital Markets reissued an “underperform” rating and set a $90.00 target price (down previously from $95.00) on shares of Walt Disney Company (The) in a research note on Thursday, August 10th. FBR & Co reissued a “hold” rating and set a $97.00 target price on shares of Walt Disney Company (The) in a research note on Friday, September 8th. B. Riley reissued a “neutral” rating on shares of Walt Disney Company (The) in a research note on Wednesday, November 1st. Jefferies Group LLC reissued a “hold” rating and set a $103.77 target price (up previously from $102.68) on shares of Walt Disney Company (The) in a research note on Friday, November 10th. Finally, Zacks Investment Research raised Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research note on Wednesday. Four investment analysts have rated the stock with a sell rating, seventeen have given a hold rating and seventeen have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $112.79.

ILLEGAL ACTIVITY NOTICE: “Walt Disney Company (The) (DIS) Position Trimmed by Alliance Wealth Management Group” was published by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international trademark & copyright legislation. The legal version of this story can be accessed at https://sportsperspectives.com/2017/11/16/walt-disney-company-the-dis-position-trimmed-by-alliance-wealth-management-group.html.

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)

Receive News & Ratings for Walt Disney Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply