Walt Disney Company (The) (DIS) Stake Increased by Bingham Osborn & Scarborough LLC

Bingham Osborn & Scarborough LLC lifted its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 4.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,163 shares of the entertainment giant’s stock after buying an additional 230 shares during the quarter. Bingham Osborn & Scarborough LLC’s holdings in Walt Disney Company (The) were worth $549,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. Lee Financial Co boosted its holdings 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 purchasing an additional 74 shares during the period. Sumitomo Mitsui Financial Group Inc. acquired a new position in Walt Disney Company (The) in the first quarter worth $144,000. Paragon Capital Management Ltd acquired a new position in Walt Disney Company (The) in the first quarter worth $200,000. Weybosset Research & Management LLC boosted its holdings 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 purchasing an additional 50 shares during the period. Finally, Anchor Capital Advisors LLC boosted its holdings in Walt Disney Company (The) by 1.6% in the second quarter. Anchor Capital Advisors LLC now owns 2,062 shares of the entertainment giant’s stock worth $219,000 after purchasing an additional 32 shares during the period. 61.41% of the stock is owned by institutional investors and hedge funds.

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In other Walt Disney Company (The) news, Director Maria Elena Lagomasino purchased 976 shares of the company’s stock in a transaction dated Thursday, August 10th. The shares were bought at an average price of $102.34 per share, with a total value of $99,883.84. Following the completion of the transaction, the director now directly owns 7,513 shares in the company, valued at approximately $768,880.42. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 13.00% of the company’s stock.

Walt Disney Company (DIS) opened at 97.81 on Wednesday. Walt Disney Company has a 52 week low of $91.69 and a 52 week high of $116.10. The stock has a market cap of $150.97 billion, a PE ratio of 17.35 and a beta of 1.40. The company has a 50-day moving average price of $98.74 and a 200-day moving average price of $104.58.

Walt Disney Company (The) (NYSE:DIS) last released its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a return on equity of 19.69% and a net margin of 16.22%. The firm had revenue of $14.24 billion for the quarter, compared to analyst estimates of $14.44 billion. During the same quarter in the prior year, the firm posted $1.62 earnings per share. The company’s quarterly revenue was down .3% on a year-over-year basis. Analysts anticipate that Walt Disney Company will post $5.76 earnings per share for the current year.

A number of equities analysts have commented on DIS shares. Guggenheim reaffirmed a “buy” rating and issued a $122.00 price objective on shares of Walt Disney Company (The) in a report on Tuesday, September 5th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $103.00 price objective (down previously from $110.00) on shares of Walt Disney Company (The) in a report on Friday, October 6th. BidaskClub raised shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a report on Monday, July 24th. BTIG Research reaffirmed a “sell” rating on shares of Walt Disney Company (The) in a report on Monday, September 25th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Walt Disney Company (The) in a report on Tuesday, September 12th. Five research analysts have rated the stock with a sell rating, fifteen have given a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $113.55.

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.

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

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