Walt Disney Co (DIS) : Calamos Advisors reduced its stake in Walt Disney Co by 22.73% during the most recent quarter end. The investment management company now holds a total of 1,484,994 shares of Walt Disney Co which is valued at $153,340,480 after selling 436,850 shares in Walt Disney Co , the firm said in a disclosure report filed with the SEC on Apr 25, 2016.Walt Disney Co makes up approximately 1.37% of Calamos Advisors’s portfolio.
Walt Disney Co opened for trading at $103.3 and hit $104.57 on the upside on Monday, eventually ending the session at $104.36, with a gain of 1.07% or 1.1 points. The heightened volatility saw the trading volume jump to 52,85,731 shares. Company has a market cap of $170,271 M.
Other Hedge Funds, Including , Pineno Levin Ford Asset Management boosted its stake in DIS in the latest quarter, The investment management firm added 8,145 additional shares and now holds a total of 79,472 shares of Walt Disney Co which is valued at $8,206,279. Walt Disney Co makes up approx 4.29% of Pineno Levin Ford Asset Management’s portfolio.Empirical Financial Services boosted its stake in DIS in the latest quarter, The investment management firm added 67 additional shares and now holds a total of 3,652 shares of Walt Disney Co which is valued at $378,968. Walt Disney Co makes up approx 0.09% of Empirical Financial Services’s portfolio.Northwest Investment Counselors boosted its stake in DIS in the latest quarter, The investment management firm added 993 additional shares and now holds a total of 19,985 shares of Walt Disney Co which is valued at $2,073,843. Walt Disney Co makes up approx 1.16% of Northwest Investment Counselors’s portfolio.Stralem Co Inc reduced its stake in DIS by selling 24,530 shares or 8.71% in the most recent quarter. The Hedge Fund company now holds 257,200 shares of DIS which is valued at $26,689,644. Walt Disney Co makes up approx 2.87% of Stralem Co Inc’s portfolio.Blue Fin Capital reduced its stake in DIS by selling 1,961 shares or 26.57% in the most recent quarter. The Hedge Fund company now holds 5,419 shares of DIS which is valued at $534,259. Walt Disney Co makes up approx 0.45% of Blue Fin Capital’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.