Reinhart Partners Inc. Has $386,000 Stake in Walt Disney Company (The) (DIS)

Reinhart Partners Inc. boosted its stake in Walt Disney Company (The) (NYSE:DIS) by 1.7% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 3,635 shares of the entertainment giant’s stock after buying an additional 60 shares during the period. Reinhart Partners Inc.’s holdings in Walt Disney Company (The) were worth $386,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in DIS. Regent Investment Management LLC boosted its stake in Walt Disney Company (The) by 21.2% in the second quarter. Regent Investment Management LLC now owns 13,355 shares of the entertainment giant’s stock valued at $1,419,000 after buying an additional 2,335 shares during the period. Oregon Public Employees Retirement Fund boosted its stake in shares of Walt Disney Company (The) by 6.6% in the second quarter. Oregon Public Employees Retirement Fund now owns 364,923 shares of the entertainment giant’s stock valued at $38,773,000 after buying an additional 22,500 shares during the period. Cascade Investment Advisors Inc. boosted its stake in shares of Walt Disney Company (The) by 3.6% in the second quarter. Cascade Investment Advisors Inc. now owns 11,135 shares of the entertainment giant’s stock valued at $1,183,000 after buying an additional 385 shares during the period. CENTRAL TRUST Co boosted its stake in shares of Walt Disney Company (The) by 1.5% in the second quarter. CENTRAL TRUST Co now owns 101,975 shares of the entertainment giant’s stock valued at $10,835,000 after buying an additional 1,515 shares during the period. Finally, LVM Capital Management Ltd. MI boosted its stake in shares of Walt Disney Company (The) by 4.8% in the second quarter. LVM Capital Management Ltd. MI now owns 81,501 shares of the entertainment giant’s stock valued at $8,659,000 after buying an additional 3,750 shares during the period. Institutional investors own 62.42% of the company’s stock.

Walt Disney Company (DIS) traded up 0.63% during mid-day trading on Friday, reaching $101.99. 9,410,408 shares of the company traded hands. The stock has a 50 day moving average price of $106.08 and a 200-day moving average price of $109.24. The company has a market capitalization of $157.42 billion, a P/E ratio of 18.09 and a beta of 1.40. Walt Disney Company has a 52-week low of $90.32 and a 52-week high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last posted its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a return on equity of 19.69% and a net margin of 16.22%. The company had revenue of $14.24 billion during the quarter, compared to analysts’ expectations of $14.44 billion. During the same period in the prior year, the business earned $1.62 earnings per share. Walt Disney Company (The)’s revenue for the quarter was down .3% compared to the same quarter last year. Analysts expect that Walt Disney Company will post $5.90 EPS for the current fiscal year.

The firm also recently disclosed a Semi-Annual dividend, which was paid on Thursday, July 27th. Stockholders of record on Monday, July 10th were given a $0.78 dividend. The ex-dividend date of this dividend was Thursday, July 6th. Walt Disney Company (The)’s dividend payout ratio is 27.56%.

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Several analysts recently commented on DIS shares. Needham & Company LLC reiterated a “hold” rating on shares of Walt Disney Company (The) in a research note on Tuesday, April 25th. BidaskClub upgraded shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Deutsche Bank AG reiterated a “buy” rating and issued a $125.00 price objective (down previously from $130.00) on shares of Walt Disney Company (The) in a research note on Monday, May 15th. Credit Suisse Group reiterated an “outperform” rating and issued a $120.00 price objective (down previously from $125.00) on shares of Walt Disney Company (The) in a research note on Wednesday. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $130.00 price objective on shares of Walt Disney Company (The) in a research note on Friday, July 14th. Five research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and seventeen have issued a buy rating to the company. Walt Disney Company (The) has a consensus rating of “Hold” and a consensus target price of $115.19.

In other news, Director Maria Elena Lagomasino bought 976 shares of Walt Disney Company (The) stock in a transaction that occurred on Thursday, August 10th. The stock was purchased at an average cost of $102.34 per share, with a total value of $99,883.84. Following the completion of the transaction, the director now directly owns 7,513 shares in the company, valued at $768,880.42. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Robert A. Iger sold 797,578 shares of the firm’s stock in a transaction on Friday, June 9th. The stock was sold at an average price of $105.09, for a total value of $83,817,472.02. Following the completion of the transaction, the chairman now directly owns 1,566,484 shares of the company’s stock, valued at $164,621,803.56. The disclosure for this sale can be found here. 0.38% of the stock is currently owned by corporate insiders.

Walt Disney Company (The) Company Profile

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.

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

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