Los Angeles Capital Management & Equity Research Inc. grew its holdings in shares of Walt Disney Company (The) (NYSE:DIS) by 139.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 561,382 shares of the entertainment giant’s stock after purchasing an additional 327,399 shares during the quarter. Los Angeles Capital Management & Equity Research Inc.’s holdings in Walt Disney were worth $59,647,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Calamos Advisors LLC lifted its holdings in shares of Walt Disney by 0.3% in the second quarter. Calamos Advisors LLC now owns 927,244 shares of the entertainment giant’s stock worth $98,520,000 after buying an additional 2,438 shares in the last quarter. Calamos Wealth Management LLC lifted its holdings in shares of Walt Disney by 35.1% in the second quarter. Calamos Wealth Management LLC now owns 83,773 shares of the entertainment giant’s stock worth $8,901,000 after buying an additional 21,760 shares in the last quarter. Sterling Investment Advisors Ltd. lifted its holdings in shares of Walt Disney by 3.0% in the second quarter. Sterling Investment Advisors Ltd. now owns 3,475 shares of the entertainment giant’s stock worth $369,000 after buying an additional 100 shares in the last quarter. Atlantic Trust Group LLC lifted its holdings in shares of Walt Disney by 34.9% in the second quarter. Atlantic Trust Group LLC now owns 331,189 shares of the entertainment giant’s stock worth $35,190,000 after buying an additional 85,753 shares in the last quarter. Finally, Meiji Yasuda Life Insurance Co lifted its holdings in shares of Walt Disney by 9.4% in the second quarter. Meiji Yasuda Life Insurance Co now owns 43,249 shares of the entertainment giant’s stock worth $4,595,000 after buying an additional 3,700 shares in the last quarter. Hedge funds and other institutional investors own 61.51% of the company’s stock.

Walt Disney Company (NYSE:DIS) opened at $107.22 on Wednesday. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 0.42. Walt Disney Company has a fifty-two week low of $96.20 and a fifty-two week high of $116.10. The stock has a market cap of $166,466.58, a P/E ratio of 19.34, a PEG ratio of 2.34 and a beta of 1.38.

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

The company also recently announced a Semi-Annual dividend, which will be paid on Thursday, January 11th. Stockholders of record on Monday, December 11th will be issued a $0.84 dividend. The ex-dividend date is Friday, December 8th. Walt Disney’s dividend payout ratio is 27.42%.

A number of brokerages recently weighed in on DIS. Rosenblatt Securities reaffirmed a “hold” rating and issued a $115.00 target price on shares of Walt Disney in a research note on Monday. Vetr downgraded shares of Walt Disney from a “buy” rating to a “hold” rating and set a $107.36 target price on the stock. in a research note on Wednesday, November 29th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $120.00 target price on shares of Walt Disney in a research note on Wednesday, November 22nd. BMO Capital Markets reaffirmed a “sell” rating and issued a $90.00 target price on shares of Walt Disney in a research note on Wednesday, November 22nd. Finally, Zacks Investment Research raised shares of Walt Disney from a “sell” rating to a “hold” rating in a research note on Wednesday, November 15th. Three analysts have rated the stock with a sell rating, seventeen have issued a hold rating and sixteen have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $112.20.

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About Walt Disney

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 (NYSE:DIS)

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