Walt Disney Company (The) (DIS) Shares Bought by Lockheed Martin Investment Management Co.

Lockheed Martin Investment Management Co. raised its stake in Walt Disney Company (The) (NYSE:DIS) by 15.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 81,200 shares of the entertainment giant’s stock after purchasing an additional 10,600 shares during the quarter. Lockheed Martin Investment Management Co.’s holdings in Walt Disney Company (The) were worth $8,627,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Exchange Capital Management Inc. boosted its holdings in shares of Walt Disney Company (The) by 1.4% in the 2nd quarter. Exchange Capital Management Inc. now owns 51,211 shares of the entertainment giant’s stock valued at $5,441,000 after purchasing an additional 713 shares during the last quarter. Grandfield & Dodd LLC boosted its holdings in shares of Walt Disney Company (The) by 20.8% in the 2nd quarter. Grandfield & Dodd LLC now owns 86,811 shares of the entertainment giant’s stock valued at $9,224,000 after purchasing an additional 14,932 shares during the last quarter. Lyell Wealth Management LP boosted its holdings in shares of Walt Disney Company (The) by 9.5% in the 2nd quarter. Lyell Wealth Management LP now owns 21,730 shares of the entertainment giant’s stock valued at $2,309,000 after purchasing an additional 1,881 shares during the last quarter. Lee Financial Co boosted its holdings in shares of Walt Disney Company (The) by 7.6% in the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after purchasing an additional 74 shares during the last quarter. Finally, Nwam LLC boosted its holdings in shares of Walt Disney Company (The) by 9.5% in the 2nd quarter. Nwam LLC now owns 8,418 shares of the entertainment giant’s stock valued at $894,000 after purchasing an additional 729 shares during the last quarter. Institutional investors own 61.38% of the company’s stock.

DIS has been the topic of a number of research analyst reports. Morgan Stanley reiterated an “overweight” rating and issued a $130.00 price target on shares of Walt Disney Company (The) in a report on Wednesday, June 21st. Bank of America Corporation set a $125.00 target price on shares of Walt Disney Company (The) and gave the company a “hold” rating in a research note on Saturday, June 24th. BidaskClub raised shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. Zacks Investment Research downgraded shares of Walt Disney Company (The) from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Finally, Guggenheim reissued a “buy” rating and issued a $122.00 target price (down previously from $128.00) on shares of Walt Disney Company (The) in a research note on Wednesday, July 12th. Five investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $113.97.

In other Walt Disney Company (The) news, Director Maria Elena Lagomasino purchased 976 shares of the firm’s stock in a transaction dated Thursday, August 10th. The stock was bought 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 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 link. Company insiders own 0.38% of the company’s stock.

Shares of Walt Disney Company (DIS) opened at 98.55 on Thursday. The stock’s 50 day moving average is $99.71 and its 200-day moving average is $106.06. The firm has a market cap of $152.11 billion, a price-to-earnings ratio of 17.48 and a beta of 1.40. 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 announced its quarterly earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.05. The business had revenue of $14.24 billion for the quarter, compared to the consensus estimate of $14.44 billion. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. Walt Disney Company (The)’s revenue for the quarter was down .3% on a year-over-year basis. During the same period last year, the company posted $1.62 EPS. On average, analysts anticipate that Walt Disney Company will post $5.79 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Walt Disney Company (The) (DIS) Shares Bought by Lockheed Martin Investment Management Co.” was first posted by Community Financial News and is owned by of Community Financial News. If you are reading this story on another publication, it was copied illegally and reposted in violation of international trademark & copyright law. The legal version of this story can be accessed at https://www.com-unik.info/2017/10/12/walt-disney-company-the-dis-shares-bought-by-lockheed-martin-investment-management-co.html.

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.

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

What are top analysts saying about Walt Disney Company (The)? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Walt Disney Company (The) and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit