Karp Capital Management Corp Decreases Holdings in Walt Disney Company (The) (DIS)

Karp Capital Management Corp trimmed its holdings in Walt Disney Company (The) (NYSE:DIS) by 98.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,722 shares of the entertainment giant’s stock after selling 845,799 shares during the quarter. Karp Capital Management Corp’s holdings in Walt Disney Company (The) were worth $1,033,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. State Street Corp lifted its stake in Walt Disney Company (The) by 0.7% in the 1st quarter. State Street Corp now owns 67,739,871 shares of the entertainment giant’s stock worth $7,681,023,000 after purchasing an additional 456,053 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of Walt Disney Company (The) by 5.3% during the 2nd quarter. Legal & General Group Plc now owns 7,885,053 shares of the entertainment giant’s stock worth $837,761,000 after buying an additional 394,012 shares during the last quarter. Clearbridge Investments LLC increased its holdings in shares of Walt Disney Company (The) by 2.0% during the 1st quarter. Clearbridge Investments LLC now owns 7,623,125 shares of the entertainment giant’s stock worth $864,386,000 after buying an additional 150,316 shares during the last quarter. Parnassus Investments CA increased its holdings in shares of Walt Disney Company (The) by 0.4% during the 1st quarter. Parnassus Investments CA now owns 5,823,364 shares of the entertainment giant’s stock worth $638,073,000 after buying an additional 20,641 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. increased its holdings in shares of Walt Disney Company (The) by 5.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 4,958,719 shares of the entertainment giant’s stock worth $526,864,000 after buying an additional 251,167 shares during the last quarter. 61.06% of the stock is currently owned by institutional investors and hedge funds.

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A number of analysts have recently issued reports on the stock. Vetr downgraded shares of Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $110.54 price target for the company. in a report on Thursday, July 27th. BidaskClub upgraded shares of Walt Disney Company (The) from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. Credit Suisse Group restated an “outperform” rating and set a $125.00 price target on shares of Walt Disney Company (The) in a report on Tuesday, July 25th. Goldman Sachs Group, Inc. (The) set a $133.00 price target on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a report on Wednesday, August 9th. Finally, Jefferies Group LLC restated a “hold” rating and set a $110.00 price target on shares of Walt Disney Company (The) in a report on Wednesday, August 9th. Three equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and seventeen have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $112.55.

Walt Disney Company (NYSE DIS) opened at $103.44 on Friday. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42. The company has a market cap of $159,900.00, a price-to-earnings ratio of 18.10, a price-to-earnings-growth ratio of 2.19 and a beta of 1.37. Walt Disney Company has a one year low of $96.20 and a one year high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last posted its quarterly earnings data on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). The business had revenue of $12.78 billion during the quarter, compared to analyst estimates of $13.30 billion. Walt Disney Company (The) had a net margin of 16.29% and a return on equity of 19.66%. The company’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.10 earnings per share. equities research analysts anticipate that Walt Disney Company will post 6.24 EPS for the current year.

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.

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

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