Dowling & Yahnke LLC Sells 558 Shares of Walt Disney Company (The) (DIS)

Dowling & Yahnke LLC cut its holdings in Walt Disney Company (The) (NYSE:DIS) by 0.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 87,785 shares of the entertainment giant’s stock after selling 558 shares during the quarter. Walt Disney Company (The) comprises approximately 1.0% of Dowling & Yahnke LLC’s portfolio, making the stock its 19th largest holding. Dowling & Yahnke LLC’s holdings in Walt Disney Company (The) were worth $9,327,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Lee Financial Co increased its stake in shares of Walt Disney Company (The) by 7.6% during the second quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock worth $112,000 after acquiring an additional 74 shares during the period. Sumitomo Mitsui Financial Group Inc. acquired a new position in shares of Walt Disney Company (The) during the first quarter worth about $144,000. Paragon Capital Management Ltd acquired a new position in shares of Walt Disney Company (The) during the first quarter worth about $200,000. Weybosset Research & Management LLC increased its stake in shares of Walt Disney Company (The) by 2.6% during the second quarter. Weybosset Research & Management LLC now owns 2,000 shares of the entertainment giant’s stock worth $213,000 after acquiring an additional 50 shares during the period. Finally, Anchor Capital Advisors LLC increased its stake in shares of Walt Disney Company (The) by 1.6% during the second quarter. Anchor Capital Advisors LLC now owns 2,062 shares of the entertainment giant’s stock worth $219,000 after acquiring an additional 32 shares during the period. Institutional investors own 61.41% of the company’s stock.

In other Walt Disney Company (The) news, Director Maria Elena Lagomasino bought 976 shares of Walt Disney Company (The) stock in a transaction on Thursday, August 10th. The stock was purchased at an average cost of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the purchase, the director now directly owns 7,513 shares of the company’s stock, valued at $768,880.42. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.38% of the stock is owned by insiders.

COPYRIGHT VIOLATION WARNING: This piece of content was reported by Community Financial News and is the property of of Community Financial News. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of United States & international copyright legislation. The legal version of this piece of content can be read at https://www.com-unik.info/2017/11/03/dowling-yahnke-llc-sells-558-shares-of-walt-disney-company-the-dis.html.

Walt Disney Company (The) (NYSE:DIS) last posted its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.53 by $0.05. The firm had revenue of $14.24 billion during the quarter, compared to analysts’ expectations of $14.44 billion. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The company’s revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.62 earnings per share.

DIS has been the topic of a number of recent analyst reports. 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 note on Wednesday, August 9th. BidaskClub upgraded shares of Walt Disney Company (The) from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Royal Bank Of Canada reiterated a “buy” rating and set a $130.00 price target on shares of Walt Disney Company (The) in a research note on Friday, July 14th. Guggenheim reiterated a “buy” rating and set a $122.00 price target (down from $128.00) on shares of Walt Disney Company (The) in a research note on Wednesday, July 12th. Finally, Goldman Sachs Group, Inc. (The) set a $133.00 target price on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Five research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $113.40.

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.

Want to see what other hedge funds are holding DIS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walt Disney Company (The) (NYSE:DIS).

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