The Walt Disney Company $DIS Stock Holdings Decreased by Reik & CO. LLC

Reik & CO. LLC lowered its position in shares of The Walt Disney Company (NYSE:DIS) by 7.2% during the second quarter, Holdings Channel reports. The fund owned 7,705 shares of the entertainment giant’s stock after selling 600 shares during the quarter. Walt Disney makes up 0.2% of Reik & CO. LLC’s holdings, making the stock its 27th largest holding. Reik & CO. LLC’s holdings in Walt Disney were worth $955,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DIS. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Walt Disney in the second quarter valued at $4,220,599,000. Nuveen LLC acquired a new position in Walt Disney during the first quarter valued at $1,353,607,000. Diamond Hill Capital Management Inc. raised its position in Walt Disney by 1,080.7% during the first quarter. Diamond Hill Capital Management Inc. now owns 2,816,548 shares of the entertainment giant’s stock valued at $277,993,000 after buying an additional 2,578,004 shares during the period. Vanguard Group Inc. lifted its stake in Walt Disney by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 155,862,361 shares of the entertainment giant’s stock worth $15,383,615,000 after acquiring an additional 2,446,087 shares in the last quarter. Finally, Jennison Associates LLC boosted its position in Walt Disney by 9.4% during the 2nd quarter. Jennison Associates LLC now owns 20,676,921 shares of the entertainment giant’s stock worth $2,564,145,000 after acquiring an additional 1,774,772 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Walt Disney Stock Performance

DIS stock opened at $110.80 on Friday. The firm has a 50 day moving average of $113.45 and a two-hundred day moving average of $113.81. The Walt Disney Company has a 12 month low of $80.10 and a 12 month high of $124.69. The company has a market capitalization of $199.21 billion, a price-to-earnings ratio of 17.37, a P/E/G ratio of 1.45 and a beta of 1.55. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.32.

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

Analyst Upgrades and Downgrades

DIS has been the topic of a number of research reports. Susquehanna reiterated a “neutral” rating on shares of Walt Disney in a report on Monday, August 11th. Raymond James Financial reaffirmed a “neutral” rating on shares of Walt Disney in a research report on Monday, August 11th. Chardan Capital reiterated a “buy” rating on shares of Walt Disney in a research report on Monday, August 11th. Keefe, Bruyette & Woods reissued a “market perform” rating on shares of Walt Disney in a research note on Monday, August 11th. Finally, Stephens reaffirmed a “buy” rating on shares of Walt Disney in a research note on Monday, August 11th. Nineteen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus 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.