Walt Disney Co (DIS) : Eaton Vance Management reduced its stake in Walt Disney Co by 4.72% during the most recent quarter end. The investment management company now holds a total of 5,493,156 shares of Walt Disney Co which is valued at $552.2 Million after selling 271,883 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 1.71% of Eaton Vance Management’s portfolio.
Other Hedge Funds, Including , Affinity Investment Advisors reduced its stake in DIS by selling 2,088 shares or 1.31% in the most recent quarter. The Hedge Fund company now holds 156,910 shares of DIS which is valued at $15.8 Million. Walt Disney Co makes up approx 1.40% of Affinity Investment Advisors’s portfolio.Jefferies Group reduced its stake in DIS by selling 53,195 shares or 82.66% in the most recent quarter. The Hedge Fund company now holds 11,159 shares of DIS which is valued at $1.1 Million. Walt Disney Co makes up approx 0.04% of Jefferies Group’s portfolio.Keybank National Associationoh reduced its stake in DIS by selling 23,391 shares or 1.33% in the most recent quarter. The Hedge Fund company now holds 1,735,777 shares of DIS which is valued at $174.5 Million. Walt Disney Co makes up approx 1.16% of Keybank National Associationoh’s portfolio.Sandy Spring Bank boosted its stake in DIS in the latest quarter, The investment management firm added 7,075 additional shares and now holds a total of 92,492 shares of Walt Disney Co which is valued at $9.8 Million. Walt Disney Co makes up approx 1.11% of Sandy Spring Bank’s portfolio.Callahan Advisors boosted its stake in DIS in the latest quarter, The investment management firm added 2,781 additional shares and now holds a total of 73,996 shares of Walt Disney Co which is valued at $7.6 Million. Walt Disney Co makes up approx 2.11% of Callahan Advisors’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.