Jane Street Group buys $23,219,133 stake in Walt Disney Co (DIS)

Walt Disney Co (DIS) : Jane Street Group scooped up 56,975 additional shares in Walt Disney Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 239,768 shares of Walt Disney Co which is valued at $23,219,133.Walt Disney Co makes up approximately 0.29% of Jane Street Group’s portfolio.

Other Hedge Funds, Including , Rodgers Brothers boosted its stake in DIS in the latest quarter, The investment management firm added 1,050 additional shares and now holds a total of 22,596 shares of Walt Disney Co which is valued at $2,188,197. Walt Disney Co makes up approx 0.89% of Rodgers Brothers’s portfolio.Grantham Mayo Van Otterloo reduced its stake in DIS by selling 451,600 shares or 99.13% in the most recent quarter. The Hedge Fund company now holds 3,950 shares of DIS which is valued at $382,518.Lba Wealth Management reduced its stake in DIS by selling 325 shares or 3.0% in the most recent quarter. The Hedge Fund company now holds 10,496 shares of DIS which is valued at $1,016,433. Walt Disney Co makes up approx 0.55% of Lba Wealth Management’s portfolio. Arbor Wealth Management added DIS to its portfolio by purchasing 3,468 company shares during the most recent quarter which is valued at $335,841. Walt Disney Co makes up approx 0.31% of Arbor Wealth Management’s portfolio.Clarkston Capital Partners boosted its stake in DIS in the latest quarter, The investment management firm added 60 additional shares and now holds a total of 38,895 shares of Walt Disney Co which is valued at $3,800,430. Walt Disney Co makes up approx 0.19% of Clarkston Capital Partners’s portfolio.

Walt Disney Co closed down -0.2 points or -0.21% at $94.26 with 62,74,204 shares getting traded on Thursday. Post opening the session at $94.73, the shares hit an intraday low of $93.91 and an intraday high of $94.87 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Walt Disney Co reported $1.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 9, 2016. Analyst had a consensus of $1.61. The company had revenue of $14277.00 million for the quarter, compared to analysts expectations of $14156.03 million. The company’s revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.45 EPS.

Many Wall Street Analysts have commented on Walt Disney Co. Walt Disney Co was Upgraded by Macquarie to ” Outperform” on Aug 10, 2016. Shares were Reiterated by Pivotal Research Group on Aug 10, 2016 to “Buy” and Lowered the Price Target to $ 118 from a previous price target of $122 .Shares were Downgraded by FBR Capital on Jul 26, 2016 to ” Mkt Perform” and Lowered the Price Target to $ 108 from a previous price target of $111 .

The Walt Disney Company incorporated on July 28 1995 together with its subsidiaries and affiliates is a diversified international family entertainment and media enterprise with five business segments: media networks parks and resorts studio entertainment consumer products and interactive media. Media Networks comprise an array of broadcast cable radio publishing and digital businesses across two divisions the Disney/ABC Television Group and ESPN Inc. Walt Disney Parks and Resorts (WDP&R) is a provider of family travel and leisure experiences. The Walt Disney Studio brings movies music and stage plays to consumers throughout the world. Disney Consumer Products (DCP) delivers product experiences across thousands of categories from toys and apparel to books and fine art. Disney Interactive is a creator of interactive entertainment across all current and emerging digital media platforms.

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