Telos Capital Management Inc. Has $3.34 Million Position in Walt Disney Company (The) (DIS)

Telos Capital Management Inc. boosted its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 7.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,452 shares of the entertainment giant’s stock after acquiring an additional 2,151 shares during the quarter. Walt Disney Company (The) accounts for about 1.3% of Telos Capital Management Inc.’s investment portfolio, making the stock its 17th largest holding. Telos Capital Management Inc.’s holdings in Walt Disney Company (The) were worth $3,342,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently modified their holdings of DIS. Lee Financial Co raised its position in Walt Disney Company (The) by 7.6% during 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. Sumitomo Mitsui Financial Group Inc. bought a new position in Walt Disney Company (The) during the 1st quarter valued at approximately $144,000. Paragon Capital Management Ltd bought a new position in Walt Disney Company (The) during the 1st quarter valued at approximately $200,000. Evanson Asset Management LLC raised its position in Walt Disney Company (The) by 5.3% during the 2nd quarter. Evanson Asset Management LLC now owns 2,070 shares of the entertainment giant’s stock valued at $220,000 after purchasing an additional 104 shares during the last quarter. Finally, Harwood Advisory Group LLC raised its position in Walt Disney Company (The) by 0.6% during the 2nd quarter. Harwood Advisory Group LLC now owns 2,071 shares of the entertainment giant’s stock valued at $220,000 after purchasing an additional 12 shares during the last quarter. Institutional investors own 61.38% of the company’s stock.

Walt Disney Company (DIS) opened at 96.93 on Friday. The stock has a market cap of $149.61 billion, a price-to-earnings ratio of 17.19 and a beta of 1.40. The company has a 50-day moving average price of $99.58 and a 200 day moving average price of $106.00. Walt Disney Company has a 52-week low of $90.56 and a 52-week 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 EPS for the quarter, beating the Zacks’ consensus estimate of $1.53 by $0.05. The company had revenue of $14.24 billion during 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 quarterly revenue was down .3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.62 EPS. On average, analysts expect that Walt Disney Company will post $5.79 earnings per share for the current year.

Several research analysts have recently issued reports on the company. Guggenheim reissued a “buy” rating and issued a $122.00 target price on shares of Walt Disney Company (The) in a research report on Tuesday, September 5th. Jefferies Group LLC reissued a “hold” rating and issued a $103.00 target price (down previously from $110.00) on shares of Walt Disney Company (The) in a research report on Friday, October 6th. BidaskClub raised Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. BTIG Research reissued a “sell” rating on shares of Walt Disney Company (The) in a research report on Monday, September 25th. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of Walt Disney Company (The) in a research report on Tuesday, September 12th. Five analysts have rated the stock with a sell rating, fifteen have given a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $113.97.

In other Walt Disney Company (The) news, Director Maria Elena Lagomasino acquired 976 shares of the business’s stock in a transaction on Thursday, August 10th. The stock was bought at an average price of $102.34 per share, for a total transaction of $99,883.84. Following the acquisition, the director now owns 7,513 shares in the company, valued at $768,880.42. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.38% of the stock is currently owned by corporate insiders.

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Walt Disney Company (The) 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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