Walt Disney Co (DIS) : Investment Counsel reduced its stake in Walt Disney Co by 10.13% during the most recent quarter end. The investment management company now holds a total of 27,667 shares of Walt Disney Co which is valued at $2,727,690 after selling 3,120 shares in Walt Disney Co , the firm said in a disclosure report filed with the SEC on Apr 11, 2016.Walt Disney Co makes up approximately 2.53% of Investment Counsel’s portfolio.
Walt Disney Co closed down -0.04 points or -0.04% at $98.59 with 61,46,837 shares getting traded on Friday. Post opening the session at $98.5, the shares hit an intraday low of $98.18 and an intraday high of $98.8899 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
Other Hedge Funds, Including , Chicago Trust Co Na reduced its stake in DIS by selling 2,570 shares or 11.12% in the most recent quarter. The Hedge Fund company now holds 20,543 shares of DIS which is valued at $1,977,675. Walt Disney Co makes up approx 0.86% of Chicago Trust Co Na’s portfolio.Founders Capital Management boosted its stake in DIS in the latest quarter, The investment management firm added 65 additional shares and now holds a total of 53,186 shares of Walt Disney Co which is valued at $5,120,216. Walt Disney Co makes up approx 2.99% of Founders Capital Management’s portfolio.Stock Yards Bank Trust Co boosted its stake in DIS in the latest quarter, The investment management firm added 4,180 additional shares and now holds a total of 110,805 shares of Walt Disney Co which is valued at $10,667,197. Walt Disney Co makes up approx 1.53% of Stock Yards Bank Trust Co’s portfolio.Pensionfund Dsm Netherlands boosted its stake in DIS in the latest quarter, The investment management firm added 9,400 additional shares and now holds a total of 79,300 shares of Walt Disney Co which is valued at $7,634,211. Walt Disney Co makes up approx 1.04% of Pensionfund Dsm Netherlands’s portfolio.
On the company’s financial health, Walt Disney Co reported $1.63 EPS for the quarter, beating the analyst consensus estimate by $ 0.17 according to the earnings call on Feb 9, 2016. Analyst had a consensus of $1.46. The company had revenue of $15244.00 million for the quarter, compared to analysts expectations of $14795.57 million. The company’s revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.27 EPS.
Many Wall Street Analysts have commented on Walt Disney Co. RBC Capital Mkts Initiated Walt Disney Co on Apr 8, 2016 to “Sector Perform”, Price Target of the shares are set at $103.Company shares were Reiterated by Guggenheim on Apr 7, 2016 to “Neutral”, Firm has raised the Price Target to $ 102 from a previous price target of $96 .Company shares were Upgraded by Piper Jaffray on Mar 3, 2016 to ” Overweight”, Firm has raised the Price Target to $ 120 from a previous price target of $105 .
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.