Walt Disney Company (The) (DIS) Shares Bought by Blume Capital Management Inc.

Blume Capital Management Inc. boosted its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 19.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 39,424 shares of the entertainment giant’s stock after purchasing an additional 6,496 shares during the period. Walt Disney Company (The) makes up about 2.4% of Blume Capital Management Inc.’s portfolio, making the stock its 18th biggest position. Blume Capital Management Inc.’s holdings in Walt Disney Company (The) were worth $4,189,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Lee Financial Co lifted its stake in Walt Disney Company (The) by 7.6% during the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after acquiring an additional 74 shares during the period. Sumitomo Mitsui Financial Group Inc. purchased a new stake in shares of Walt Disney Company (The) during the first quarter worth $144,000. BDO Wealth Advisors LLC purchased a new stake in shares of Walt Disney Company (The) during the second quarter worth $153,000. Allegis Investment Advisors LLC purchased a new stake in shares of Walt Disney Company (The) during the second quarter worth $206,000. Finally, Weybosset Research & Management LLC grew its holdings in shares of Walt Disney Company (The) by 2.6% during the second quarter. Weybosset Research & Management LLC now owns 2,000 shares of the entertainment giant’s stock worth $213,000 after buying an additional 50 shares in the last quarter. 60.40% of the stock is currently owned by institutional investors.

A number of brokerages recently issued reports on DIS. Vetr raised shares of Walt Disney Company (The) from a “hold” rating to a “buy” rating and set a $107.20 price objective for the company in a report on Tuesday. Zacks Investment Research raised shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a report on Wednesday, November 15th. Royal Bank Of Canada set a $125.00 price objective on shares of Walt Disney Company (The) and gave the company a “buy” rating in a report on Sunday, November 12th. Piper Jaffray Companies reissued a “buy” rating and issued a $120.00 price objective on shares of Walt Disney Company (The) in a report on Friday, November 10th. Finally, B. Riley reissued a “hold” rating and issued a $101.00 price objective (up previously from $97.00) on shares of Walt Disney Company (The) in a report on Friday, November 10th. Three equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and eighteen have given a buy rating to the company’s stock. Walt Disney Company (The) presently has a consensus rating of “Hold” and an average price target of $112.56.

COPYRIGHT VIOLATION NOTICE: This story was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this story on another publication, it was stolen and republished in violation of United States & international trademark & copyright laws. The correct version of this story can be accessed at https://stocknewstimes.com/2017/11/22/walt-disney-company-the-dis-shares-bought-by-blume-capital-management-inc.html.

Walt Disney Company (NYSE:DIS) opened at $103.00 on Wednesday. The company has a market capitalization of $158,592.67, a price-to-earnings ratio of 18.03, a P/E/G ratio of 2.19 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 has a 52 week low of $96.20 and a 52 week high of $116.10.

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

Walt Disney Company (The) 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)

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