Walt Disney Company (The) (NYSE:DIS).
Fisher Asset Management, LLC sold 4,434,430 shares in quarter ending 06/30/2017 decreasing its stake in Walt Disney Company (The) (DIS) by 50.1%. Its investment was valued at $468,801,000 a decrease of $534,323,000 according to the filing.
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% as of 06/30/2017. Gateway Investment Advisers LLC claims 943,470 shares with a value of $100,244,000. The total value of its holdings decreased 6.2%. As of the end of the quarter Pennsylvania Trust Co had bought a total of 46,486 shares growing its stake by 26.9%. The value of the company’s investment in Walt Disney Company (The) increased from $19,622,000 to $23,326,000 a change of $3,704,000 for the reporting period.
As of the end of the quarter Cullinan Associates Inc had disposed of a total of 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 to quarter.
On May 17, 2017 the stock rating was changed to a “Neutral” by Macquarie which is down from the previous “Neutral” rating. On November 16 the company was set at “Equal-Weight” according to a Deutsche Bank report a boost from the previous “Hold” rating.
On November 11, 2016 the stock rating was changed to a “Equal-Weight” in a report from Pivotal Research which was a cut from the previous “” rating. On November 11, 2016 the stock rating was set at “Equal-Weight” according to a Barclays report up from the previous “Underweight” rating.
On October 27 Credit Suisse held the company rating at “Outperform” and lowered the price expectation from $128.00 to $125.00. On September 29 UBS maintained a company rating of “Buy” but moved down the price target from $125.00 to $112.00.
The company is up from yesterday’s close of $103.84. The company also recently announced a dividend for shareholders to be paid on Thursday July 27th, 2017. The dividend payment will be $0.390 per share for the quarter which comes to $1.56 on an annualized basis. The dividend yield will be $1.51. The ex-dividend date is set for Thursday the 8th of December 2016.
It is trading at $104.38 which is marginally lower than $106.63, the stock’s 50 day moving average and just below the 200 day moving average of $109.31. The 50 day moving average went down $-2.25 or -2.11% and the 200 day average went down $-4.93 or -4.51%.
The company’s P/E ratio is 18.20 and market cap is 163.34B. In the latest earnings report the EPS was $5.73 and is estimated to be $5.93 for the current year with 1,564,879,000 shares outstanding. Analysts expect next quarter’s EPS to be $1.29 with next year’s EPS projected to be $6.73.