Walt Disney Company (The) (DIS) Position Boosted by BARING ASSET MANAGEMENT Ltd

BARING ASSET MANAGEMENT Ltd increased its stake in Walt Disney Company (The) (NYSE:DIS) by 4.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,966 shares of the entertainment giant’s stock after acquiring an additional 496 shares during the quarter. BARING ASSET MANAGEMENT Ltd’s holdings in Walt Disney Company (The) were worth $1,377,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Harbour Capital Advisors LLC lifted its stake in Walt Disney Company (The) by 10,076.9% in the second quarter. Harbour Capital Advisors LLC now owns 1,387,625 shares of the entertainment giant’s stock valued at $13,060,000 after buying an additional 1,373,990 shares during the period. Canada Pension Plan Investment Board increased its holdings in shares of 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 valued at $76,054,000 after acquiring an additional 662,689 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of 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 valued at $135,008,000 after acquiring an additional 626,245 shares in the last quarter. State Treasurer State of Michigan increased its holdings in shares of 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 valued at $153,649,000 after acquiring an additional 573,000 shares in the last quarter. Finally, Scopus Asset Management L.P. increased its holdings in shares of 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 valued at $85,043,000 after acquiring an additional 550,000 shares in the last quarter. 61.37% of the stock is currently owned by institutional investors.

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In related news, Director Maria Elena Lagomasino bought 976 shares of the stock in a transaction that occurred on Thursday, August 10th. The shares were bought at an average cost of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the transaction, the director now owns 7,513 shares of the company’s stock, valued at $768,880.42. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 13.00% of the stock is currently owned by insiders.

Walt Disney Company (NYSE:DIS) opened at $98.64 on Monday. The firm has a market capitalization of $152,248.95, a price-to-earnings ratio of 17.22, a P/E/G ratio of 2.13 and a beta of 1.37. The company has a current ratio of 1.00, a quick ratio of 0.93 and a debt-to-equity ratio of 0.41. Walt Disney Company has a 52-week low of $92.11 and a 52-week high of $116.10.

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 Thomson Reuters’ consensus estimate of $1.53 by $0.05. The company had revenue of $14.24 billion for the quarter, compared to the consensus estimate of $14.44 billion. Walt Disney Company (The) had a return on equity of 19.69% and a net margin of 16.22%. Walt Disney Company (The)’s quarterly revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.62 earnings per share. equities analysts anticipate that Walt Disney Company will post 5.76 EPS for the current fiscal year.

Several equities research analysts recently issued reports on the company. Zacks Investment Research upgraded Walt Disney Company (The) from a “sell” rating to a “hold” rating in a report on Friday. Citigroup Inc. reiterated a “buy” rating and set a $119.00 price target on shares of Walt Disney Company (The) in a report on Wednesday, November 1st. Piper Jaffray Companies set a $130.00 price target on Walt Disney Company (The) and gave the stock a “buy” rating in a report on Tuesday, October 31st. Morgan Stanley decreased their price target on Walt Disney Company (The) from $130.00 to $120.00 and set an “overweight” rating for the company in a report on Tuesday, October 31st. Finally, Vetr downgraded Walt Disney Company (The) from a “strong-buy” rating to a “buy” rating and set a $110.51 price target for the company. in a report on Thursday, October 19th. Four investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $113.40.

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)

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