Atalanta Sosnoff Capital LLC Sells 950 Shares of The Walt Disney Company (NYSE:DIS)

Atalanta Sosnoff Capital LLC reduced its position in shares of The Walt Disney Company (NYSE:DIS) by 0.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 306,918 shares of the entertainment giant’s stock after selling 950 shares during the period. Atalanta Sosnoff Capital LLC’s holdings in Walt Disney were worth $51,921,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Investors Asset Management of Georgia Inc. GA ADV boosted its holdings in shares of Walt Disney by 1.7% during the third quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 14,098 shares of the entertainment giant’s stock worth $2,385,000 after purchasing an additional 242 shares during the period. Columbia Trust Co 01012016 boosted its holdings in shares of Walt Disney by 1.8% during the third quarter. Columbia Trust Co 01012016 now owns 5,223 shares of the entertainment giant’s stock worth $884,000 after purchasing an additional 92 shares during the period. BEAM Asset Management LLC boosted its holdings in shares of Walt Disney by 8.0% during the third quarter. BEAM Asset Management LLC now owns 1,560 shares of the entertainment giant’s stock worth $264,000 after purchasing an additional 116 shares during the period. WestHill Financial Advisors Inc. purchased a new stake in shares of Walt Disney during the third quarter worth about $261,000. Finally, Kiley Juergens Wealth Management LLC boosted its holdings in shares of Walt Disney by 1.3% during the third quarter. Kiley Juergens Wealth Management LLC now owns 17,156 shares of the entertainment giant’s stock worth $2,902,000 after purchasing an additional 228 shares during the period. Institutional investors own 64.08% of the company’s stock.

In other news, CEO Robert A. Chapek sold 10,587 shares of the business’s stock in a transaction dated Tuesday, August 31st. The shares were sold at an average price of $182.00, for a total value of $1,926,834.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.25% of the company’s stock.

Shares of NYSE DIS opened at $151.34 on Thursday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.04 and a current ratio of 1.08. The company has a market cap of $275.00 billion, a P/E ratio of 138.84, a P/E/G ratio of 1.49 and a beta of 1.17. The firm’s fifty day moving average is $170.25 and its two-hundred day moving average is $175.01. The Walt Disney Company has a 52-week low of $146.29 and a 52-week high of $203.02.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, November 10th. The entertainment giant reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.13). Walt Disney had a net margin of 2.96% and a return on equity of 4.86%. During the same quarter in the prior year, the company earned ($0.20) earnings per share. As a group, analysts forecast that The Walt Disney Company will post 4.74 EPS for the current fiscal year.

A number of research firms have recently weighed in on DIS. Evercore ISI reiterated a “buy” rating and set a $210.00 target price on shares of Walt Disney in a report on Wednesday, September 22nd. The Goldman Sachs Group lowered their price objective on shares of Walt Disney from $218.00 to $209.00 and set a “buy” rating for the company in a report on Thursday, November 11th. UBS Group lowered their price objective on shares of Walt Disney from $220.00 to $205.00 and set a “buy” rating for the company in a report on Thursday, November 11th. Moffett Nathanson lowered their price objective on shares of Walt Disney from $185.00 to $180.00 and set a “neutral” rating for the company in a report on Monday, October 18th. Finally, Daiwa Capital Markets assumed coverage on shares of Walt Disney in a report on Tuesday, September 21st. They issued a “buy” rating and a $225.00 price objective for the company. Six research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $200.15.

About Walt Disney

The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Media Networks, Parks, Experiences and Products, Studio Entertainment and Direct-to-Consumer and International (DTCI). The Media Networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, radio networks and stations.

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

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