Pensions

British Airways Pensions Investment Management Ltd Has $27.01 Million Position in Walt Disney Company (The) (DIS)

British Airways Pensions Investment Management Ltd reduced its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 8.7% during the first quarter, according to its most recent filing with the SEC. The fund owned 238,365 shares of the entertainment giant’s stock after selling 22,770 shares during the period. British Airways Pensions Investment Management Ltd’s holdings in Walt Disney Company (The) were worth $27,014,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Roundview Capital LLC boosted its position in Walt Disney Company (The) by 1.4% in the fourth quarter. Roundview Capital LLC now owns 64,185 shares of the entertainment giant’s stock valued at $6,689,000 after buying an additional 901 shares during the period. Sandhill Capital Partners LLC boosted its position in Walt Disney Company (The) by 12.0% in the fourth quarter. Sandhill Capital Partners LLC now owns 4,670 shares of the entertainment giant’s stock valued at $487,000 after buying an additional 502 shares during the last quarter. Guardian Capital Advisors LP purchased a new position in Walt Disney Company (The) during the fourth quarter valued at $230,000. Gardner Lewis Asset Management L P boosted its position in Walt Disney Company (The) by 3.2% in the fourth quarter. Gardner Lewis Asset Management L P now owns 55,254 shares of the entertainment giant’s stock valued at $5,759,000 after buying an additional 1,705 shares during the last quarter. Finally, Zurich Insurance Group Ltd FI boosted its position in Walt Disney Company (The) by 31.5% in the fourth quarter. Zurich Insurance Group Ltd FI now owns 292,118 shares of the entertainment giant’s stock valued at $30,445,000 after buying an additional 70,009 shares during the last quarter. 62.32% of the stock is currently owned by institutional investors and hedge funds.

Walt Disney Company (DIS) opened at 109.96 on Friday. The stock has a market cap of $172.07 billion, a price-to-earnings ratio of 19.18 and a beta of 1.39. Walt Disney Company has a 52-week low of $90.32 and a 52-week high of $116.10. The company has a 50-day moving average price of $105.78 and a 200 day moving average price of $109.35.

Walt Disney Company (The) (NYSE:DIS) last posted its quarterly earnings results on Tuesday, May 9th. The entertainment giant reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.05. Walt Disney Company (The) had a net margin of 16.63% and a return on equity of 19.81%. The business had revenue of $13.34 billion during the quarter, compared to analysts’ expectations of $13.44 billion. During the same quarter in the prior year, the company posted $1.36 EPS. The business’s revenue for the quarter was up 2.8% on a year-over-year basis. On average, analysts expect that Walt Disney Company will post $5.91 earnings per share for the current year.

The company also recently declared a Semi-Annual dividend, which was paid on Thursday, July 27th. Stockholders of record on Monday, July 10th were paid a $0.78 dividend. The ex-dividend date was Thursday, July 6th. Walt Disney Company (The)’s dividend payout ratio (DPR) is 27.18%.

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Several equities analysts have recently weighed in on the company. Vetr cut Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $110.54 price target on the stock. in a report on Thursday. Credit Suisse Group reissued an “outperform” rating and set a $125.00 price target on shares of Walt Disney Company (The) in a report on Tuesday, July 25th. BidaskClub raised Walt Disney Company (The) from a “sell” rating to a “hold” rating in a report on Monday, July 24th. BMO Capital Markets reissued a “sell” rating and set a $95.00 price target on shares of Walt Disney Company (The) in a report on Sunday, July 16th. Finally, Royal Bank Of Canada reissued a “buy” rating and set a $130.00 price target on shares of Walt Disney Company (The) in a report on Friday, July 14th. Six equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and sixteen have given a buy rating to the company. Walt Disney Company (The) has a consensus rating of “Hold” and a consensus target price of $115.95.

In other news, Director Susan E. Arnold sold 12,143 shares of the stock in a transaction that occurred on Thursday, May 11th. The shares were sold at an average price of $109.02, for a total value of $1,323,829.86. Following the completion of the sale, the director now owns 48,673 shares of the company’s stock, valued at approximately $5,306,330.46. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman Robert A. Iger sold 797,578 shares of the stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $105.09, for a total transaction of $83,817,472.02. Following the completion of the sale, the chairman now directly owns 1,566,484 shares of the company’s stock, valued at approximately $164,621,803.56. The disclosure for this sale can be found here. Corporate insiders own 0.38% of the company’s stock.

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.

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

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