Hermes Investment Management Ltd. held its stake in The Walt Disney Co. (NYSE:DIS) during the third quarter, according to its most recent filing with the SEC. The fund owned 46,650 shares of the entertainment giant’s stock at the end of the third quarter. Hermes Investment Management Ltd.’s holdings in The Walt Disney were worth $4,332,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of DIS. Baker Ellis Asset Management LLC boosted its stake in The Walt Disney by 1.7% in the third quarter. Baker Ellis Asset Management LLC now owns 35,080 shares of the entertainment giant’s stock valued at $3,258,000 after buying an additional 570 shares during the period. Middleton & Co Inc MA boosted its stake in The Walt Disney by 8.8% in the third quarter. Middleton & Co Inc MA now owns 6,363 shares of the entertainment giant’s stock valued at $591,000 after buying an additional 517 shares during the period. CFO4Life L.P. purchased a new stake in The Walt Disney during the third quarter valued at $219,000. Nwam LLC boosted its stake in The Walt Disney by 88.6% in the third quarter. Nwam LLC now owns 8,395 shares of the entertainment giant’s stock valued at $780,000 after buying an additional 3,943 shares during the period. Finally, Robshaw & Julian Associates Inc. boosted its stake in The Walt Disney by 5.9% in the third quarter. Robshaw & Julian Associates Inc. now owns 51,530 shares of the entertainment giant’s stock valued at $4,785,000 after buying an additional 2,850 shares during the period. Institutional investors own 56.30% of the company’s stock.

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

Shares of The Walt Disney Co. (NYSE:DIS) traded up 0.71% during midday trading on Tuesday, reaching $99.67. 8,392,508 shares of the company’s stock traded hands. The stock’s 50-day moving average price is $94.49 and its 200 day moving average price is $96.01. The firm has a market capitalization of $158.62 billion, a PE ratio of 17.39 and a beta of 1.21. The Walt Disney Co. has a one year low of $86.25 and a one year high of $115.47.

The Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Thursday, November 10th. The entertainment giant reported $1.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.16 by $0.06. The Walt Disney had a return on equity of 19.81% and a net margin of 16.88%. The business earned $13.14 billion during the quarter, compared to the consensus estimate of $13.71 billion. During the same quarter last year, the company earned $1.20 EPS. The Walt Disney’s revenue for the quarter was down 2.7% on a year-over-year basis. On average, equities research analysts expect that The Walt Disney Co. will post $5.95 earnings per share for the current fiscal year.

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A number of equities research analysts have commented on DIS shares. Credit Suisse Group AG restated a “buy” rating and issued a $125.00 price target on shares of The Walt Disney in a report on Friday, November 11th. Citigroup Inc. reduced their price target on shares of The Walt Disney from $120.00 to $117.00 and set a “buy” rating for the company in a report on Thursday, August 11th. Hilliard Lyons upgraded shares of The Walt Disney to a “buy” rating in a report on Thursday, August 25th. Brean Capital restated a “hold” rating on shares of The Walt Disney in a report on Friday, November 11th. Finally, Wood & Company restated a “sell” rating and issued a $120.65 price target on shares of The Walt Disney in a report on Thursday, November 17th. Three equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and fifteen have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $108.09.

In other news, EVP Alan N. Braverman sold 19,871 shares of the stock in a transaction that occurred on Wednesday, November 16th. The shares were sold at an average price of $99.00, for a total value of $1,967,229.00. Following the transaction, the executive vice president now owns 135,614 shares in the company, valued at approximately $13,425,786. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 13.00% of the stock is currently owned by insiders.

The Walt Disney Company Profile

The Walt Disney Company is a diversified entertainment company. The Company’s business segments include Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. The Media Networks segment includes cable and broadcast television networks, television production operations, television distribution, domestic television stations, and radio networks and stations.

5 Day Chart for NYSE:DIS

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