Walt Disney Co (DIS) : Royal London Asset Management Ltd reduced its stake in Walt Disney Co by 5.51% during the most recent quarter end. The investment management company now holds a total of 744,388 shares of Walt Disney Co which is valued at $71,528,243 after selling 43,385 shares in Walt Disney Co , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.Walt Disney Co makes up approximately 1.13% of Royal London Asset Management Ltd’s portfolio.
Other Hedge Funds, Including , Parkside Financial Bank Trust reduced its stake in DIS by selling 483 shares or 2.99% in the most recent quarter. The Hedge Fund company now holds 15,685 shares of DIS which is valued at $1,507,172. Walt Disney Co makes up approx 0.72% of Parkside Financial Bank Trust’s portfolio.Central Bank Trust Co reduced its stake in DIS by selling 1,951 shares or 2.58% in the most recent quarter. The Hedge Fund company now holds 73,582 shares of DIS which is valued at $7,349,370. Walt Disney Co makes up approx 2.07% of Central Bank Trust Co’s portfolio.Gulf International Bank (uk) Ltd reduced its stake in DIS by selling 3,500 shares or 0.74% in the most recent quarter. The Hedge Fund company now holds 468,972 shares of DIS which is valued at $46,840,923. Walt Disney Co makes up approx 0.77% of Gulf International Bank (uk) Ltd’s portfolio.Mazama Capital Management Inc boosted its stake in DIS in the latest quarter, The investment management firm added 35,903 additional shares and now holds a total of 90,999 shares of Walt Disney Co which is valued at $9,065,320. Walt Disney Co makes up approx 1.78% of Mazama Capital Management Inc’s portfolio. Iowa State Bank added DIS to its portfolio by purchasing 418 company shares during the most recent quarter which is valued at $41,641. Walt Disney Co makes up approx 0.02% of Iowa State Bank’s portfolio.
Walt Disney Co closed down -0.08 points or -0.08% at $95.75 with 77,92,013 shares getting traded on Monday. Post opening the session at $96.11, the shares hit an intraday low of $95.58 and an intraday high of $96.29 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Walt Disney Co reported $1.36 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on May 10, 2016. Analyst had a consensus of $1.40. The company had revenue of $12969.00 million for the quarter, compared to analysts expectations of $13198.99 million. The company’s revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.23 EPS.
Many Wall Street Analysts have commented on Walt Disney Co. 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 .Walt Disney Co was Downgraded by Stifel to ” Hold” on Jul 20, 2016. Shares were Reiterated by Topeka Capital Markets on May 11, 2016 to “Buy” and Lowered the Price Target to $ 129 from a previous price target of $130 .
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.