Walt Disney Company (The) (NYSE:DIS).
Fisher Asset Management, LLC decreased its investment in Walt Disney Company (The) stock by 4,434,430 shares in the quarter ending 06/30/2017. Its position was worth $468,801,000 a decrease of 53.3% as of the end of the quarter.
The following firms have also recently changed their position in DIS. Gateway Investment Advisers LLC grew its holdings by buying 853 shares an increase of 0.1% from 03/31/2017 to 06/30/2017. Gateway Investment Advisers LLC now holds 943,470 shares with a value of $100,244,000. The value of the position overall is down by 6.2%. Pennsylvania Trust Co augmented its investment by buying 46,486 shares an increase of 26.9% as of 06/30/2017. Pennsylvania Trust Co controls 219,535 shares worth $23,326,000. The total value of its holdings increased 18.9%.
As of the end of the quarter Cullinan Associates Inc had sold 3,365 shares trimming its position 3.4%. The value of the investment in Walt Disney Company (The) went from $10,302,000 to $10,145,000 a change of $157,000 quarter over quarter.
On May 17 the stock rating was downgraded to “Neutral” from “Neutral” in an announcement from Macquarie. On November 16 the company was upgraded from “Hold” to “Equal-Weight” in a report from Deutsche Bank.
On November 11 the company was upgraded from “Underweight” to “Equal-Weight” by Barclays. On November 11 the stock rating was downgraded to “Equal-Weight” from “” in a report issued by Pivotal Research.
October 27 investment analysts at Credit Suisse maintained a company rating of “Outperform” but moved down the price target to $125.00 from $128.00. On September 29 UBS kept the stock rating at “Buy” and lowered the price expectation from $125.00 to $112.00.
The company is so far trading up since yesterday’s close of $103.84. The company also declared a dividend for shareholders which will be paid on Thursday the 27th of July 2017. The dividend will be $0.390 per share for the quarter which is $1.56 annualized. This dividend amount will represent a yeild of $1.51. The ex-dividend date is Thursday the 8th of December 2016.
Shares are trading at $104.38 just below $106.63, the stock’s 50 day moving average and barely below the 200 day moving average of $109.31. The 50 day moving average was down $-2.25 or -2.11% and the 200 day average went down $-4.93 or -4.51%.
The P/E ratio is 18.20 and market cap is 163.34B. As of the last earnings report the EPS was $5.73 and is projected to be $5.93 for the current year with 1,564,879,000 shares currently outstanding. Next quarter’s EPS is forecasted to be $1.29 with next year’s EPS anticipated to be $6.73.