Walt Disney Co (DIS) : Bailard added new position in Walt Disney Co during the most recent quarter end. The investment management firm now holds 30,439 shares of Walt Disney Co which is valued at $2,976,021 , the company said in a statement filed on Aug 8, 2016 with the SEC.Walt Disney Co makes up approximately 0.35% of Bailard’s portfolio.
Other Hedge Funds, Including , Feltz Wealth Plan reduced its stake in DIS by selling 4,361 shares or 32.15% in the most recent quarter. The Hedge Fund company now holds 9,202 shares of DIS which is valued at $899,680. Walt Disney Co makes up approx 0.05% of Feltz Wealth Plan’s portfolio.Sawgrass Asset Management reduced its stake in DIS by selling 2,315 shares or 0.65% in the most recent quarter. The Hedge Fund company now holds 353,023 shares of DIS which is valued at $33,921,980. Walt Disney Co makes up approx 1.55% of Sawgrass Asset Management’s portfolio.Empirical Financial Services boosted its stake in DIS in the latest quarter, The investment management firm added 37 additional shares and now holds a total of 3,689 shares of Walt Disney Co which is valued at $354,476. Walt Disney Co makes up approx 0.09% of Empirical Financial Services’s portfolio.Solaris Asset Management reduced its stake in DIS by selling 1,240 shares or 3.52% in the most recent quarter. The Hedge Fund company now holds 33,995 shares of DIS which is valued at $3,274,738. Walt Disney Co makes up approx 2.33% of Solaris Asset Management’s portfolio.Bremer Trust National Association reduced its stake in DIS by selling 400 shares or 3.56% in the most recent quarter. The Hedge Fund company now holds 10,844 shares of DIS which is valued at $1,059,567. Walt Disney Co makes up approx 0.28% of Bremer Trust National Association’s portfolio.
Walt Disney Co opened for trading at $97.35 and hit $97.61 on the upside on Monday, eventually ending the session at $97.1, with a gain of 0.27% or 0.26 points. The heightened volatility saw the trading volume jump to 52,99,588 shares. Company has a market cap of $156,050 M.
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.