Glenmede Trust Co. NA Has $54,520,000 Holdings in Walt Disney Company (The) (DIS)

Glenmede Trust Co. NA maintained its position in Walt Disney Company (The) (NYSE:DIS) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 523,139 shares of the entertainment giant’s stock at the close of the 1st quarter. Glenmede Trust Co. NA’s holdings in Walt Disney Company (The) were worth $54,520,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. HM Capital Management LLC lifted its holdings in shares of Walt Disney Company (The) by 0.5% during the 1st quarter. HM Capital Management LLC now owns 2,690 shares of the entertainment giant’s stock worth $305,000 after acquiring an additional 14 shares during the last quarter. Fox Run Management L.L.C. bought a new stake in Walt Disney Company (The) in the first quarter worth $1,270,000. State Treasurer State of Michigan lifted its stake in Walt Disney Company (The) by 73.3% in the first quarter. State Treasurer State of Michigan now owns 1,355,053 shares of the entertainment giant’s stock worth $153,649,000 after purchasing an additional 573,000 shares during the last quarter. Virtu Financial LLC bought a new stake in Walt Disney Company (The) in the first quarter worth $450,000. Finally, Gradient Investments LLC lifted its stake in Walt Disney Company (The) by 2.5% in the first quarter. Gradient Investments LLC now owns 4,636 shares of the entertainment giant’s stock worth $526,000 after purchasing an additional 112 shares during the last quarter. 61.48% of the stock is owned by institutional investors.

Walt Disney Company (DIS) traded up 0.22% during midday trading on Monday, hitting $97.28. 4,475,097 shares of the stock traded hands. The stock has a 50-day moving average of $103.83 and a 200 day moving average of $108.07. The firm has a market cap of $150.15 billion, a PE ratio of 17.25 and a beta of 1.42. Walt Disney Company has a 52-week low of $90.32 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, topping the Zacks’ consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The firm had revenue of $14.24 billion for the quarter, compared to analyst estimates of $14.44 billion. During the same period in the prior year, the firm earned $1.62 earnings per share. The business’s quarterly revenue was down .3% compared to the same quarter last year. Equities analysts forecast that Walt Disney Company will post $5.84 EPS for the current year.

In other news, Director Maria Elena Lagomasino bought 976 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The shares were 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 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 available through this hyperlink. 13.00% of the stock is currently owned by corporate insiders.

DIS has been the subject of several recent research reports. Guggenheim reissued a “buy” rating and issued a $122.00 price target on shares of Walt Disney Company (The) in a research note on Tuesday, September 5th. BidaskClub raised shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Deutsche Bank AG reissued a “buy” rating and issued a $125.00 price target (down from $130.00) on shares of Walt Disney Company (The) in a research note on Monday, May 15th. Credit Suisse Group reissued an “outperform” rating and issued a $120.00 price target (down from $125.00) on shares of Walt Disney Company (The) in a research note on Wednesday, August 9th. Finally, Royal Bank Of Canada reissued a “buy” rating and issued a $130.00 price target on shares of Walt Disney Company (The) in a research note on Friday, July 14th. Four analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twenty-one have given a buy rating to the company. Walt Disney Company (The) has a consensus rating of “Hold” and an average target price of $113.95.

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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.

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

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