Walt Disney Company Shares Sold by OLD National Bancorp IN

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Walt Disney Company Shares Sold by OLD National Bancorp IN


OLD National Bancorp IN decreased its stake in shares of Walt Disney Company (The) (NYSE:DIS) by 62.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 22,050 shares of the entertainment giant’s stock after selling 37,095 shares during the period. OLD National Bancorp IN’s holdings in Walt Disney Company (The) were worth $2,343,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in DIS. Acadian Asset Management LLC boosted its holdings in shares of Walt Disney Company (The) by 88.8% during the 1st quarter. Acadian Asset Management LLC now owns 3,345,124 shares of the entertainment giant’s stock worth $379,305,000 after buying an additional 1,573,215 shares during the period. Canada Pension Plan Investment Board boosted its holdings in shares of Walt Disney Company (The) by 8,245.5% during the 1st quarter. Canada Pension Plan Investment Board now owns 670,726 shares of the entertainment giant’s stock worth $76,054,000 after buying an additional 662,689 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Walt Disney Company (The) by 111.0% during the 1st quarter. AQR Capital Management LLC now owns 1,190,645 shares of the entertainment giant’s stock worth $135,008,000 after buying an additional 626,245 shares during the period. State Treasurer State of Michigan raised its stake in Walt Disney Company (The) by 73.3% in the 1st quarter. State Treasurer State of Michigan now owns 1,355,053 shares of the entertainment giant’s stock worth $153,649,000 after purchasing an additional 573,000 shares in the last quarter. Finally, Scopus Asset Management L.P. raised its stake in Walt Disney Company (The) by 275.0% in the 1st quarter. Scopus Asset Management L.P. now owns 750,000 shares of the entertainment giant’s stock worth $85,043,000 after purchasing an additional 550,000 shares in the last quarter. 61.38% of the stock is owned by institutional investors and hedge funds.

Several analysts have weighed in on DIS shares. Royal Bank Of Canada set a $130.00 price objective on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a research note on Monday, June 12th. Moffett Nathanson reiterated a “buy” rating on shares of Walt Disney Company (The) in a research note on Friday, June 9th. Guggenheim reiterated a “buy” rating and issued a $122.00 price objective (down previously from $128.00) on shares of Walt Disney Company (The) in a research note on Wednesday, July 12th. BidaskClub upgraded shares of Walt Disney Company (The) from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Finally, Piper Jaffray Companies set a $130.00 price objective on shares of Walt Disney Company (The) and gave the stock a “buy” rating in a research note on Wednesday, August 9th. Five equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and nineteen have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $113.92.

In related news, Director Maria Elena Lagomasino purchased 976 shares of the business’s stock in a transaction that occurred on Thursday, August 10th. The shares were acquired at an average price of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the acquisition, the director now directly owns 7,513 shares in the company, valued at approximately $768,880.42. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.38% of the company’s stock.

Walt Disney Company (NYSE DIS) traded down 0.04% during midday trading on Friday, hitting $100.07. 4,360,212 shares of the stock were exchanged. The company’s 50 day moving average is $99.91 and its 200-day moving average is $106.38. The stock has a market cap of $154.46 billion, a PE ratio of 17.75 and a beta of 1.40. Walt Disney Company has a 1-year low of $90.32 and a 1-year high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last released its quarterly earnings results 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. The business had revenue of $14.24 billion for the quarter, compared to analysts’ expectations of $14.44 billion. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The firm’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.62 earnings per share. On average, analysts expect that Walt Disney Company will post $5.81 earnings per share for the current year.

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.

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



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