Mercer Capital Advisers buys $5,249,102 stake in WALT DISNEY CO COM (DIS)

WALT DISNEY CO COM (DIS) : Mercer Capital Advisers scooped up 107 additional shares in WALT DISNEY CO COM during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 50,584 shares of WALT DISNEY CO COM which is valued at $5,249,102.WALT DISNEY CO COM makes up approximately 4.42% of Mercer Capital Advisers’s portfolio.

WALT DISNEY CO COM opened for trading at $105.19 and hit $105.6 on the upside on Wednesday, eventually ending the session at $105.28, with a gain of 0.37% or 0.39 points. The heightened volatility saw the trading volume jump to 59,96,077 shares. Company has a market cap of $171,772 M.

Other Hedge Funds, Including , Schaper Benz Wise Investment Counsel Incwi boosted its stake in DIS in the latest quarter, The investment management firm added 4,789 additional shares and now holds a total of 135,610 shares of WALT DISNEY CO COM which is valued at $14,072,250. WALT DISNEY CO COM makes up approx 2.60% of Schaper Benz Wise Investment Counsel Incwi’s portfolio.Ferguson Wellman Capital Management Inc boosted its stake in DIS in the latest quarter, The investment management firm added 1,732 additional shares and now holds a total of 25,164 shares of WALT DISNEY CO COM which is valued at $2,611,268. WALT DISNEY CO COM makes up approx 0.11% of Ferguson Wellman Capital Management Inc’s portfolio.Gulf International Bank (uk) Ltd reduced its stake in DIS by selling 5,210 shares or 1.09% in the most recent quarter. The Hedge Fund company now holds 472,472 shares of DIS which is valued at $49,028,419. WALT DISNEY CO COM makes up approx 0.83% of Gulf International Bank (uk) Ltd’s portfolio. Vontobel Asset Management Inc sold out all of its stake in DIS during the most recent quarter. The investment firm sold 114,100 shares of DIS which is valued $11,840,157. Integral Derivatives sold out all of its stake in DIS during the most recent quarter. The investment firm sold 93,546 shares of DIS which is valued $9,222,700.

On the company’s financial health, WALT DISNEY CO COM 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 COM. 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 COM 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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