Walt Disney Co (DIS) : Lansdowne Partners (uk) Llp reduced its stake in Walt Disney Co by 28.25% during the most recent quarter end. The investment management company now holds a total of 5,913,323 shares of Walt Disney Co which is valued at $594.4 Million after selling 2,328,646 shares in Walt Disney Co , the firm said in a disclosure report filed with the SEC on May 13, 2016.Walt Disney Co makes up approximately 4.77% of Lansdowne Partners (uk) Llp’s portfolio.
Other Hedge Funds, Including , Brown Advisory Inc reduced its stake in DIS by selling 24,506 shares or 1.59% in the most recent quarter. The Hedge Fund company now holds 1,518,534 shares of DIS which is valued at $152.6 Million. Walt Disney Co makes up approx 0.53% of Brown Advisory Inc’s portfolio. Target Asset Management Pte Ltd added DIS to its portfolio by purchasing 370,000 company shares during the most recent quarter which is valued at $37.2 Million. Walt Disney Co makes up approx 28.01% of Target Asset Management Pte Ltd’s portfolio. Cls Investments sold out all of its stake in DIS during the most recent quarter. The investment firm sold 7,688 shares of DIS which is valued $772,798.Clarkston Capital Partners boosted its stake in DIS in the latest quarter, The investment management firm added 475 additional shares and now holds a total of 38,835 shares of Walt Disney Co which is valued at $4.1 Million. Walt Disney Co makes up approx 0.23% of Clarkston Capital Partners’s portfolio.
Walt Disney Co opened for trading at $99.92 and hit $100.8 on the upside on Wednesday, eventually ending the session at $99.86, with a gain of 0.35% or 0.35 points. The heightened volatility saw the trading volume jump to 56,78,770 shares. Company has a market cap of $162,017 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.