The 305 Shares of The Walt Disney Co. (DIS) are sold by Schnieders Capital Management LLC

The 305 Shares of The Walt Disney Co. (DIS) are sold by Schnieders Capital Management LLC

Schnieders Capital Management LLC decreased its stake in shares of The Walt Disney Co. (NYSE:DIS) by 0.6% during the second quarter, Holdings Channel reports. The fund owned 49,934 shares of the entertainment giant’s stock after selling 305 shares during the period. The Walt Disney accounts for about 2.7% of Schnieders Capital Management LLC’s investment portfolio, making the stock its 4th largest position. Schnieders Capital Management LLC’s holdings in The Walt Disney were worth $4,885,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Headinvest LLC raised its position in The Walt Disney by 22.9% in the first quarter. Headinvest LLC now owns 3,215 shares of the entertainment giant’s stock valued at $319,000 after buying an additional 600 shares during the period. Lodestar Investment Counsel LLC IL raised its position in The Walt Disney by 6.4% in the first quarter. Lodestar Investment Counsel LLC IL now owns 217,630 shares of the entertainment giant’s stock valued at $21,613,000 after buying an additional 13,161 shares during the period. ST Germain D J Co. Inc. raised its position in The Walt Disney by 14.7% in the first quarter. ST Germain D J Co. Inc. now owns 6,521 shares of the entertainment giant’s stock valued at $648,000 after buying an additional 837 shares during the period. Murphy Pohlad Asset Management LLC raised its position in The Walt Disney by 12.6% in the first quarter. Murphy Pohlad Asset Management LLC now owns 13,100 shares of the entertainment giant’s stock valued at $1,300,000 after buying an additional 1,465 shares during the period. Finally, OLD National Bancorp IN raised its position in The Walt Disney by 2.5% in the first quarter. OLD National Bancorp IN now owns 69,328 shares of the entertainment giant’s stock valued at $6,885,000 after buying an additional 1,706 shares during the period. 57.92% of the stock is owned by hedge funds and other institutional investors.

Shares of The Walt Disney Co. (NYSE:DIS) traded down 0.158% during trading on Wednesday, reaching $91.715. 1,480,957 shares of the company’s stock traded hands. The stock has a market capitalization of $147.40 billion, a PE ratio of 16.484 and a beta of 1.25. The company has a 50 day moving average price of $93.30 and a 200 day moving average price of $97.63. The Walt Disney Co. has a 1-year low of $86.25 and a 1-year high of $120.65.

The Walt Disney (NYSE:DIS) last issued its quarterly earnings results on Tuesday, August 9th. The entertainment giant reported $1.62 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.61 by $0.01. The Walt Disney had a return on equity of 19.98% and a net margin of 16.48%. The business earned $14.20 billion during the quarter, compared to the consensus estimate of $14.16 billion. During the same period in the previous year, the business earned $1.45 EPS. The business’s quarterly revenue was up 9.0% on a year-over-year basis. On average, equities analysts forecast that The Walt Disney Co. will post $5.78 EPS for the current fiscal year.

Several equities analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of The Walt Disney from a “hold” rating to a “sell” rating in a report on Tuesday, July 12th. Morgan Stanley boosted their price target on shares of The Walt Disney from $100.00 to $105.00 and gave the stock an “equal weight” rating in a report on Thursday, July 14th. FBR & Co reissued an “outperform” rating and issued a $111.00 price target on shares of The Walt Disney in a report on Tuesday, June 21st. Stifel Nicolaus lowered shares of The Walt Disney from a “buy” rating to a “hold” rating and set a $110.00 price target for the company. in a report on Wednesday, July 20th. They noted that the move was a valuation call. Finally, Brean Capital started coverage on shares of The Walt Disney in a report on Wednesday, July 6th. They issued a “hold” rating and a $100.00 price target for the company. Three research analysts have rated the stock with a sell rating, fifteen have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $109.71.

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.

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