Walt Disney Company (The) (DIS) Position Boosted by Wayne Hummer Investments L.L.C.

Wayne Hummer Investments L.L.C. grew its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 0.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,326 shares of the entertainment giant’s stock after purchasing an additional 8 shares during the period. Wayne Hummer Investments L.L.C.’s holdings in Walt Disney Company (The) were worth $672,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in DIS. Moloney Securities Asset Management LLC increased its position in shares of Walt Disney Company (The) by 3.2% during the first quarter. Moloney Securities Asset Management LLC now owns 16,171 shares of the entertainment giant’s stock worth $1,834,000 after acquiring an additional 496 shares in the last quarter. Whittier Trust Co. increased its position in shares of Walt Disney Company (The) by 15.6% during the first quarter. Whittier Trust Co. now owns 252,155 shares of the entertainment giant’s stock worth $28,591,000 after acquiring an additional 34,101 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in shares of Walt Disney Company (The) by 3.9% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 119,019 shares of the entertainment giant’s stock worth $13,496,000 after acquiring an additional 4,417 shares in the last quarter. Hennessy Advisors Inc. bought a new stake in shares of Walt Disney Company (The) during the first quarter worth about $2,177,000. Finally, Capital Advisors Inc. OK increased its position in shares of Walt Disney Company (The) by 8.9% during the first quarter. Capital Advisors Inc. OK now owns 119,751 shares of the entertainment giant’s stock worth $13,579,000 after acquiring an additional 9,743 shares in the last quarter. Hedge funds and other institutional investors own 61.37% of the company’s stock.

DIS has been the subject of several recent research reports. Bank of America Corporation reissued a “buy” rating and set a $120.00 target price (down from $125.00) on shares of Walt Disney Company (The) in a research report on Friday, September 8th. FBR & Co reissued a “hold” rating and set a $97.00 target price on shares of Walt Disney Company (The) in a research report on Friday, September 8th. Guggenheim reissued a “buy” rating and set a $122.00 target price on shares of Walt Disney Company (The) in a research report on Tuesday, September 5th. UBS AG reissued a “buy” rating and set a $126.00 target price on shares of Walt Disney Company (The) in a research report on Tuesday, September 5th. Finally, Wells Fargo & Company raised shares of Walt Disney Company (The) from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $109.00 to $116.00 in a research report on Tuesday, September 5th. Four investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $112.91.

Walt Disney Company (NYSE:DIS) opened at $104.78 on Friday. The company has a market cap of $161,725.94, a price-to-earnings ratio of 18.38, a PEG ratio of 2.26 and a beta of 1.37. Walt Disney Company has a twelve month low of $95.78 and a twelve month high of $116.10. The company has a quick ratio of 0.93, a current ratio of 1.00 and a debt-to-equity ratio of 0.41.

Walt Disney Company (The) (NYSE:DIS) last released its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.12 by ($0.05). Walt Disney Company (The) had a net margin of 16.29% and a return on equity of 19.46%. The business had revenue of $12.78 billion for the quarter, compared to the consensus estimate of $13.30 billion. During the same period in the prior year, the business posted $1.10 EPS. Walt Disney Company (The)’s revenue for the quarter was down 2.8% on a year-over-year basis. equities research analysts expect that Walt Disney Company will post 6.26 earnings per share for the current fiscal year.

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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.

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

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