Donaldson Capital Management Lowers stake in Walt Disney Co (DIS)

Walt Disney Co (DIS) : Donaldson Capital Management reduced its stake in Walt Disney Co by 0.74% during the most recent quarter end. The investment management company now holds a total of 254,305 shares of Walt Disney Co which is valued at $25.6 Million after selling 1,908 shares in Walt Disney Co , the firm said in a disclosure report filed with the SEC on May 12, 2016.Walt Disney Co makes up approximately 3.73% of Donaldson Capital Management’s portfolio.

Other Hedge Funds, Including , Thrivent Financial For Lutherans boosted its stake in DIS in the latest quarter, The investment management firm added 83,650 additional shares and now holds a total of 134,338 shares of Walt Disney Co which is valued at $13.5 Million. Walt Disney Co makes up approx 0.07% of Thrivent Financial For Lutherans’s portfolio.Pictet Cie (europe) Sa boosted its stake in DIS in the latest quarter, The investment management firm added 9,924 additional shares and now holds a total of 220,387 shares of Walt Disney Co which is valued at $22.2 Million. Walt Disney Co makes up approx 4.54% of Pictet Cie (europe) Sa’s portfolio.Pekin Singer Strauss Asset Management Il reduced its stake in DIS by selling 2,474 shares or 12.62% in the most recent quarter. The Hedge Fund company now holds 17,134 shares of DIS which is valued at $1.7 Million. Walt Disney Co makes up approx 0.41% of Pekin Singer Strauss Asset Management Il’s portfolio.Strategic Advisors boosted its stake in DIS in the latest quarter, The investment management firm added 5,920 additional shares and now holds a total of 16,898 shares of Walt Disney Co which is valued at $1.8 Million. Walt Disney Co makes up approx 1.02% of Strategic Advisors’s portfolio.Lindsell Train Ltd boosted its stake in DIS in the latest quarter, The investment management firm added 126,500 additional shares and now holds a total of 1,809,869 shares of Walt Disney Co which is valued at $191 Million. Walt Disney Co makes up approx 10.89% of Lindsell Train Ltd’s portfolio.

Walt Disney Co opened for trading at $99 and hit $99.93 on the upside on Friday, eventually ending the session at $99.78, with a gain of 1.39% or 1.37 points. The heightened volatility saw the trading volume jump to 72,97,012 shares. Company has a market cap of $161,887 M.

On the company’s financial health, Walt Disney Co reported $1.36 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on May 10, 2016. Analyst had a consensus of $1.40. The company had revenue of $12969.00 million for the quarter, compared to analysts expectations of $13198.99 million. The company’s revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.23 EPS.

Many Wall Street Analysts have commented on Walt Disney Co. Shares were Reiterated by Topeka Capital Markets on May 11, 2016 to “Buy” and Lowered the Price Target to $ 129 from a previous price target of $130 .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.

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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