Walt Disney Co (DIS) : Oliver Luxxe Assets scooped up 828 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 7, 2016. The investment management firm now holds a total of 7,249 shares of Walt Disney Co which is valued at $670,460.Walt Disney Co makes up approximately 0.53% of Oliver Luxxe Assets’s portfolio.
Other Hedge Funds, Including , First Mercantile Trust Co reduced its stake in DIS by selling 11,815 shares or 30.25% in the most recent quarter. The Hedge Fund company now holds 27,237 shares of DIS which is valued at $2,519,150. Walt Disney Co makes up approx 0.34% of First Mercantile Trust Co’s portfolio.Boltwood Capital Management boosted its stake in DIS in the latest quarter, The investment management firm added 240 additional shares and now holds a total of 23,562 shares of Walt Disney Co which is valued at $2,178,307. Walt Disney Co makes up approx 1.75% of Boltwood Capital Management’s portfolio.Acropolis Investment Management reduced its stake in DIS by selling 150 shares or 11.66% in the most recent quarter. The Hedge Fund company now holds 1,136 shares of DIS which is valued at $105,023. Walt Disney Co makes up approx 0.02% of Acropolis Investment Management’s portfolio.Private Asset Management Inc boosted its stake in DIS in the latest quarter, The investment management firm added 10,805 additional shares and now holds a total of 94,885 shares of Walt Disney Co which is valued at $8,772,118. Walt Disney Co makes up approx 1.48% of Private Asset Management Inc’s portfolio.North Star Asset Management Inc boosted its stake in DIS in the latest quarter, The investment management firm added 98 additional shares and now holds a total of 32,709 shares of Walt Disney Co which is valued at $3,023,947. Walt Disney Co makes up approx 0.34% of North Star Asset Management Inc’s portfolio.
Walt Disney Co closed down -0.34 points or -0.37% at $92.49 with 61,44,089 shares getting traded on Friday. Post opening the session at $93.06, the shares hit an intraday low of $92.02 and an intraday high of $93.29 and the price fluctuated in this range throughout the day.Shares ended Friday 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 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.