Walt Disney Co (DIS) : Wilbanks Smith Thomas Asset Management scooped up 960 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 11, 2016. The investment management firm now holds a total of 39,737 shares of Walt Disney Co which is valued at $3,848,131.Walt Disney Co makes up approximately 0.38% of Wilbanks Smith Thomas Asset Management’s portfolio.
Other Hedge Funds, Including , Teachers Advisors Inc reduced its stake in DIS by selling 249,761 shares or 7.36% in the most recent quarter. The Hedge Fund company now holds 3,141,641 shares of DIS which is valued at $304,236,514. Walt Disney Co makes up approx 0.51% of Teachers Advisors Inc’s portfolio.Cranbrook Wealth Management reduced its stake in DIS by selling 201 shares or 27.35% in the most recent quarter. The Hedge Fund company now holds 534 shares of DIS which is valued at $51,312. Walt Disney Co makes up approx 0.03% of Cranbrook Wealth Management’s portfolio.Armbruster Capital Management boosted its stake in DIS in the latest quarter, The investment management firm added 10 additional shares and now holds a total of 2,550 shares of Walt Disney Co which is valued at $244,673. Walt Disney Co makes up approx 0.15% of Armbruster Capital Management’s portfolio.Hartford Investment Management Co reduced its stake in DIS by selling 10,158 shares or 2.68% in the most recent quarter. The Hedge Fund company now holds 369,515 shares of DIS which is valued at $36,105,311. Walt Disney Co makes up approx 0.74% of Hartford Investment Management Co’s portfolio.Factory Mutual Insurance Co boosted its stake in DIS in the latest quarter, The investment management firm added 9,000 additional shares and now holds a total of 1,109,500 shares of Walt Disney Co which is valued at $110,816,860. Walt Disney Co makes up approx 1.42% of Factory Mutual Insurance Co’s portfolio.
Walt Disney Co opened for trading at $96.13 and hit $96.425 on the upside on Tuesday, eventually ending the session at $95.97, with a gain of 0.10% or 0.1 points. The heightened volatility saw the trading volume jump to 49,96,251 shares. Company has a market cap of $154,234 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.