Farmers Trust Co buys $4,667,256 stake in Walt Disney Co (DIS)

Walt Disney Co (DIS) : Farmers Trust Co scooped up 900 additional shares in Walt Disney Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 17, 2016. The investment management firm now holds a total of 51,120 shares of Walt Disney Co which is valued at $4,667,256.Walt Disney Co makes up approximately 1.63% of Farmers Trust Co’s portfolio.

Other Hedge Funds, Including , Northwest Investment Counselors boosted its stake in DIS in the latest quarter, The investment management firm added 327 additional shares and now holds a total of 20,182 shares of Walt Disney Co which is valued at $1,842,617. Walt Disney Co makes up approx 0.97% of Northwest Investment Counselors’s portfolio.Blue Bell Private Wealth Management reduced its stake in DIS by selling 68 shares or 2.85% in the most recent quarter. The Hedge Fund company now holds 2,319 shares of DIS which is valued at $211,725. Walt Disney Co makes up approx 0.13% of Blue Bell Private Wealth Management’s portfolio.At Bancorp reduced its stake in DIS by selling 399 shares or 2.69% in the most recent quarter. The Hedge Fund company now holds 14,440 shares of DIS which is valued at $1,315,773. Walt Disney Co makes up approx 0.18% of At Bancorp’s portfolio.Grassi Investment Management boosted its stake in DIS in the latest quarter, The investment management firm added 1,825 additional shares and now holds a total of 4,337 shares of Walt Disney Co which is valued at $398,397. Walt Disney Co makes up approx 0.08% of Grassi Investment Management’s portfolio.Fisher Asset Management boosted its stake in DIS in the latest quarter, The investment management firm added 48,266 additional shares and now holds a total of 8,722,317 shares of Walt Disney Co which is valued at $806,727,099. Walt Disney Co makes up approx 1.49% of Fisher Asset Management’s portfolio.

Walt Disney Co opened for trading at $91.77 and hit $91.77 on the upside on Friday, eventually ending the session at $91.3, with a gain of 0.20% or 0.18 points. The heightened volatility saw the trading volume jump to 43,45,659 shares. Company has a market cap of $146,728 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 Downgraded by Drexel Hamilton to ” Hold” on Sep 26, 2016. 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 .

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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