Sfmg LLC Acquires Shares of 4,246 Walt Disney Company (The) (DIS)

Sfmg LLC bought a new stake in Walt Disney Company (The) (NYSE:DIS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 4,246 shares of the entertainment giant’s stock, valued at approximately $451,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Tdam USA Inc. raised its stake in Walt Disney Company (The) by 4.1% in the second quarter. Tdam USA Inc. now owns 195,498 shares of the entertainment giant’s stock valued at $20,666,000 after purchasing an additional 7,785 shares in the last quarter. State Treasurer State of Michigan raised 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 valued at $153,649,000 after purchasing an additional 573,000 shares in the last quarter. Walter & Keenan Financial Consulting Co. MI ADV raised its stake in Walt Disney Company (The) by 7.9% in the second quarter. Walter & Keenan Financial Consulting Co. MI ADV now owns 24,719 shares of the entertainment giant’s stock valued at $2,626,000 after purchasing an additional 1,800 shares in the last quarter. Mutual of America Capital Management LLC raised its stake in Walt Disney Company (The) by 1.4% in the first quarter. Mutual of America Capital Management LLC now owns 175,248 shares of the entertainment giant’s stock valued at $19,871,000 after purchasing an additional 2,351 shares in the last quarter. Finally, Connecticut Wealth Management LLC raised its stake in Walt Disney Company (The) by 1.4% in the second quarter. Connecticut Wealth Management LLC now owns 3,038 shares of the entertainment giant’s stock valued at $315,000 after purchasing an additional 42 shares in the last quarter. 60.40% of the stock is currently owned by institutional investors and hedge funds.

Shares of Walt Disney Company (NYSE DIS) opened at $103.44 on Monday. Walt Disney Company has a 52-week low of $96.20 and a 52-week high of $116.10. The company has a market cap of $159,657.67, a PE ratio of 18.15, a PEG ratio of 2.20 and a beta of 1.37. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.74 and a current ratio of 0.81.

Walt Disney Company (The) (NYSE:DIS) last released its quarterly 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 19.66%. The business had revenue of $12.78 billion for the quarter, compared to analysts’ expectations of $13.30 billion. During the same period in the previous year, the company earned $1.10 EPS. Walt Disney Company (The)’s revenue for the quarter was down 2.8% compared to the same quarter last year. sell-side analysts expect that Walt Disney Company will post 6.24 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “Sfmg LLC Acquires Shares of 4,246 Walt Disney Company (The) (DIS)” was first published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this piece of content on another website, it was stolen and reposted in violation of U.S. & international trademark & copyright legislation. The legal version of this piece of content can be read at https://stocknewstimes.com/2017/11/20/sfmg-llc-acquires-shares-of-4246-walt-disney-company-the-dis.html.

Several research firms have commented on DIS. Vetr downgraded shares of Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $110.54 price target on the stock. in a research note on Thursday, July 27th. BidaskClub raised shares of Walt Disney Company (The) from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Credit Suisse Group reissued an “outperform” rating and set a $125.00 price target on shares of Walt Disney Company (The) in a research note 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 research note on Wednesday, August 9th. Finally, Jefferies Group LLC reissued a “hold” rating and set a $110.00 price target on shares of Walt Disney Company (The) in a research note 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 issued a buy rating to the company’s stock. Walt Disney Company (The) presently has an average rating of “Hold” and a consensus price target of $112.55.

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)

Receive News & Ratings for Walt Disney Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply