Epoch Investment Partners Inc. Sells 3,241 Shares of The Walt Disney Company (NYSE:DIS)

Epoch Investment Partners Inc. reduced its position in shares of The Walt Disney Company (NYSE:DIS) by 9.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,189 shares of the entertainment giant’s stock after selling 3,241 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Walt Disney were worth $3,816,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in DIS. LRI Investments LLC bought a new stake in shares of Walt Disney in the 1st quarter valued at about $572,000. 1832 Asset Management L.P. lifted its position in shares of Walt Disney by 4.8% in the first quarter. 1832 Asset Management L.P. now owns 876,003 shares of the entertainment giant’s stock valued at $107,188,000 after buying an additional 40,204 shares during the last quarter. Guardian Capital Advisors LP boosted its stake in shares of Walt Disney by 2.2% during the 1st quarter. Guardian Capital Advisors LP now owns 30,150 shares of the entertainment giant’s stock worth $3,405,000 after acquiring an additional 650 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in shares of Walt Disney during the 1st quarter worth approximately $208,000. Finally, Stonebridge Capital Advisors LLC raised its stake in Walt Disney by 0.7% in the 1st quarter. Stonebridge Capital Advisors LLC now owns 133,686 shares of the entertainment giant’s stock valued at $16,358,000 after acquiring an additional 966 shares during the period. Institutional investors and hedge funds own 65.71% of the company’s stock.

Insider Activity

In other Walt Disney news, Director James P. Gorman bought 20,000 shares of the stock in a transaction on Wednesday, May 8th. The stock was acquired at an average cost of $106.03 per share, for a total transaction of $2,120,600.00. Following the completion of the acquisition, the director now owns 20,467 shares in the company, valued at approximately $2,170,116.01. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director James P. Gorman acquired 20,000 shares of Walt Disney stock in a transaction dated Wednesday, May 8th. The stock was bought at an average price of $106.03 per share, with a total value of $2,120,600.00. Following the transaction, the director now directly owns 20,467 shares in the company, valued at approximately $2,170,116.01. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Sonia L. Coleman sold 4,400 shares of the business’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $106.00, for a total transaction of $466,400.00. The disclosure for this sale can be found here. 0.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

DIS has been the topic of several research reports. Needham & Company LLC reiterated a “buy” rating and issued a $145.00 price objective on shares of Walt Disney in a report on Wednesday, July 3rd. JPMorgan Chase & Co. assumed coverage on shares of Walt Disney in a research report on Thursday, April 11th. They set an “overweight” rating and a $140.00 price objective for the company. Deutsche Bank Aktiengesellschaft upped their target price on Walt Disney from $125.00 to $130.00 and gave the company a “buy” rating in a research report on Monday, May 6th. UBS Group dropped their price target on Walt Disney from $140.00 to $130.00 and set a “buy” rating for the company in a report on Wednesday, May 8th. Finally, Daiwa Capital Markets reaffirmed a “buy” rating and issued a $133.00 price objective on shares of Walt Disney in a report on Monday, April 1st. Three equities research analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $128.54.

Walt Disney Trading Up 0.3 %

Shares of Walt Disney stock opened at $90.16 on Monday. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 0.38. The Walt Disney Company has a 1 year low of $78.73 and a 1 year high of $123.74. The firm’s 50 day moving average is $99.38 and its 200 day moving average is $105.37. The firm has a market capitalization of $164.37 billion, a PE ratio of 97.75, a price-to-earnings-growth ratio of 1.12 and a beta of 1.40.

Walt Disney (NYSE:DIS) last posted its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.09. The company had revenue of $22.08 billion during the quarter, compared to analysts’ expectations of $22.12 billion. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. Walt Disney’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.93 earnings per share. Equities research analysts forecast that The Walt Disney Company will post 4.75 earnings per share for the current fiscal year.

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.