Cohen & Steers Inc. lowered its stake in Walt Disney Co (NYSE:DIS) by 14.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 169,269 shares of the entertainment giant’s stock after selling 28,420 shares during the quarter. Cohen & Steers Inc.’s holdings in Walt Disney were worth $16,685,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of DIS. ST Germain D J Co. Inc. increased its stake in shares of Walt Disney by 14.8% in the second quarter. ST Germain D J Co. Inc. now owns 11,234 shares of the entertainment giant’s stock valued at $1,194,000 after buying an additional 1,446 shares during the period. Whitnell & Co. increased its stake in shares of Walt Disney by 4.9% in the second quarter. Whitnell & Co. now owns 36,575 shares of the entertainment giant’s stock valued at $3,886,000 after buying an additional 1,725 shares during the period. Brave Asset Management Inc. increased its stake in shares of Walt Disney by 21.8% in the second quarter. Brave Asset Management Inc. now owns 17,590 shares of the entertainment giant’s stock valued at $1,869,000 after buying an additional 3,153 shares during the period. Papp L Roy & Associates increased its stake in shares of Walt Disney by 1.2% in the second quarter. Papp L Roy & Associates now owns 93,777 shares of the entertainment giant’s stock valued at $9,964,000 after buying an additional 1,102 shares during the period. Finally, Enterprise Financial Services Corp increased its stake in shares of Walt Disney by 7.0% in the second quarter. Enterprise Financial Services Corp now owns 5,842 shares of the entertainment giant’s stock valued at $621,000 after buying an additional 382 shares during the period. 61.12% of the stock is owned by hedge funds and other institutional investors.

Several research firms have recently issued reports on DIS. B. Riley reaffirmed a “neutral” rating on shares of Walt Disney in a research note on Wednesday, November 1st. Jefferies Group reaffirmed a “hold” rating and issued a $112.00 price objective on shares of Walt Disney in a research note on Wednesday, February 7th. Cowen reaffirmed a “hold” rating and issued a $102.00 price objective on shares of Walt Disney in a research note on Monday, February 5th. Vetr downgraded Walt Disney from a “strong-buy” rating to a “buy” rating and set a $114.86 price objective for the company. in a research note on Tuesday. Finally, Pivotal Research reaffirmed a “sell” rating and issued a $94.00 price objective on shares of Walt Disney in a research note on Wednesday, February 7th. Three analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $118.61.

Shares of Walt Disney Co (NYSE DIS) opened at $103.39 on Tuesday. The firm has a market cap of $155,013.95, a P/E ratio of 17.07, a price-to-earnings-growth ratio of 1.79 and a beta of 1.30. The company has a current ratio of 0.87, a quick ratio of 0.80 and a debt-to-equity ratio of 0.43. Walt Disney Co has a 52-week low of $96.20 and a 52-week high of $116.10.

Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.89 EPS for the quarter, topping the consensus estimate of $1.61 by $0.28. The company had revenue of $15.35 billion during the quarter, compared to the consensus estimate of $15.47 billion. Walt Disney had a net margin of 19.61% and a return on equity of 20.44%. The company’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.55 EPS. equities research analysts forecast that Walt Disney Co will post 6.8 earnings per share for the current fiscal year.

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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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