Klingman Associates buys $404,599 stake in Walt Disney Co (DIS)

Walt Disney Co (DIS) : Klingman Associates scooped up 1 additional shares in Walt Disney Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 18, 2016. The investment management firm now holds a total of 3,899 shares of Walt Disney Co which is valued at $404,599.Walt Disney Co makes up approximately 0.14% of Klingman Associates’s portfolio.

Walt Disney Co opened for trading at $103.06 and hit $103.99 on the upside on Friday, eventually ending the session at $103.77, with a gain of 0.84% or 0.86 points. The heightened volatility saw the trading volume jump to 57,31,332 shares. Company has a market cap of $169,308 M.

Other Hedge Funds, Including , Weybosset Research Management reduced its stake in DIS by selling 92 shares or 2.97% in the most recent quarter. The Hedge Fund company now holds 3,005 shares of DIS which is valued at $311,829. Walt Disney Co makes up approx 0.26% of Weybosset Research Management’s portfolio.Coastline Trust Co boosted its stake in DIS in the latest quarter, The investment management firm added 185 additional shares and now holds a total of 8,805 shares of Walt Disney Co which is valued at $868,085. Walt Disney Co makes up approx 0.18% of Coastline Trust Co’s portfolio.Jacobs Coca boosted its stake in DIS in the latest quarter, The investment management firm added 4,954 additional shares and now holds a total of 74,947 shares of Walt Disney Co which is valued at $7,389,025. Walt Disney Co makes up approx 1.75% of Jacobs Coca’s portfolio.Country Club Trust Company N.a. boosted its stake in DIS in the latest quarter, The investment management firm added 290 additional shares and now holds a total of 44,960 shares of Walt Disney Co which is valued at $4,432,606. Walt Disney Co makes up approx 0.66% of Country Club Trust Company N.a.’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. Company shares were Upgraded by Pivotal Research Group on Apr 18, 2016 to ” Buy”, Firm has raised the Price Target to $ 121 from a previous price target of $104 .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 .

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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