Walt Disney Co (DIS) : First National Bank Of Mount Dora Trust Investment Services reduced its stake in Walt Disney Co by 3.11% during the most recent quarter end. The investment management company now holds a total of 29,548 shares of Walt Disney Co which is valued at $2,902,205 after selling 948 shares in Walt Disney Co , the firm said in a disclosure report filed with the SEC on Jul 18, 2016.Walt Disney Co makes up approximately 1.61% of First National Bank Of Mount Dora Trust Investment Services’s portfolio.
Other Hedge Funds, Including , Farmers Merchants Investments Inc reduced its stake in DIS by selling 2,070 shares or 2.19% in the most recent quarter. The Hedge Fund company now holds 92,426 shares of DIS which is valued at $9,078,082. Walt Disney Co makes up approx 0.98% of Farmers Merchants Investments Inc’s portfolio.Heritage Investors Management Corp boosted its stake in DIS in the latest quarter, The investment management firm added 9,111 additional shares and now holds a total of 233,224 shares of Walt Disney Co which is valued at $23,357,384. Walt Disney Co makes up approx 1.70% of Heritage Investors Management Corp’s portfolio.Campbell Newman Asset Management Inc boosted its stake in DIS in the latest quarter, The investment management firm added 21,380 additional shares and now holds a total of 44,561 shares of Walt Disney Co which is valued at $4,450,753. Walt Disney Co makes up approx 0.79% of Campbell Newman Asset Management Inc’s portfolio.Osborn Rohs Williams Donohoe Ltd reduced its stake in DIS by selling 683 shares or 0.76% in the most recent quarter. The Hedge Fund company now holds 88,669 shares of DIS which is valued at $8,833,206. Walt Disney Co makes up approx 1.70% of Osborn Rohs Williams Donohoe Ltd’s portfolio.
Walt Disney Co closed down -1.25 points or -1.26% at $98.22 with 1,06,64,885 shares getting traded on Wednesday. Post opening the session at $98.65, the shares hit an intraday low of $97.14 and an intraday high of $98.69 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
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. Walt Disney Co was Downgraded by Stifel to ” Hold” on Jul 20, 2016. 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 .
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.