Strs Ohio Has $113.13 Million Position in The Walt Disney Company $DIS

Strs Ohio raised its position in The Walt Disney Company (NYSE:DIS) by 4.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 912,294 shares of the entertainment giant’s stock after acquiring an additional 38,148 shares during the quarter. Strs Ohio’s holdings in Walt Disney were worth $113,134,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of Walt Disney by 7.7% in the fourth quarter. Brighton Jones LLC now owns 26,767 shares of the entertainment giant’s stock valued at $2,980,000 after purchasing an additional 1,904 shares during the period. Golden State Wealth Management LLC increased its position in Walt Disney by 19.7% during the first quarter. Golden State Wealth Management LLC now owns 7,220 shares of the entertainment giant’s stock worth $713,000 after acquiring an additional 1,188 shares during the period. Ameritas Advisory Services LLC increased its position in Walt Disney by 2.8% during the first quarter. Ameritas Advisory Services LLC now owns 16,660 shares of the entertainment giant’s stock worth $1,773,000 after acquiring an additional 457 shares during the period. Mather Group LLC. increased its position in Walt Disney by 18.6% during the first quarter. Mather Group LLC. now owns 13,042 shares of the entertainment giant’s stock worth $1,287,000 after acquiring an additional 2,048 shares during the period. Finally, Harbour Trust & Investment Management Co increased its position in Walt Disney by 0.6% during the first quarter. Harbour Trust & Investment Management Co now owns 59,692 shares of the entertainment giant’s stock worth $5,892,000 after acquiring an additional 375 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Trading Down 1.3%

Shares of Walt Disney stock opened at $110.21 on Thursday. The firm has a market capitalization of $198.15 billion, a PE ratio of 17.27, a price-to-earnings-growth ratio of 1.46 and a beta of 1.54. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 0.32. The firm’s 50 day moving average is $114.33 and its 200 day moving average is $112.49. The Walt Disney Company has a 1 year low of $80.10 and a 1 year high of $124.69.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, August 6th. The entertainment giant reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.45 by $0.16. Walt Disney had a net margin of 12.22% and a return on equity of 9.67%. The company had revenue of $23.65 billion for the quarter, compared to analyst estimates of $23.69 billion. During the same period in the previous year, the firm posted $1.39 EPS. The firm’s revenue was up 2.1% on a year-over-year basis. Equities research analysts forecast that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.

Analyst Ratings Changes

DIS has been the topic of a number of recent research reports. Chardan Capital reaffirmed a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Susquehanna reaffirmed a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. JPMorgan Chase & Co. raised their price target on shares of Walt Disney from $130.00 to $138.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 29th. Barclays raised their price target on shares of Walt Disney from $120.00 to $140.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 9th. Finally, Jefferies Financial Group lowered shares of Walt Disney from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 11th. Nineteen investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $132.90.

About Walt Disney

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.