Walt Disney Co (DIS) : Mercer Capital Advisers scooped up 1,950 additional shares in Walt Disney Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 22, 2016. The investment management firm now holds a total of 52,534 shares of Walt Disney Co which is valued at $5,133,097.Walt Disney Co makes up approximately 4.09% of Mercer Capital Advisers’s portfolio.
Other Hedge Funds, Including , Burt Wealth Advisors reduced its stake in DIS by selling 203 shares or 5.84% in the most recent quarter. The Hedge Fund company now holds 3,271 shares of DIS which is valued at $319,609. Walt Disney Co makes up approx 0.28% of Burt Wealth Advisors’s portfolio.Tnb Financial boosted its stake in DIS in the latest quarter, The investment management firm added 3,927 additional shares and now holds a total of 52,832 shares of Walt Disney Co which is valued at $5,189,159. Walt Disney Co makes up approx 1.33% of Tnb Financial’s portfolio.Bristol John W Co Inc Ny reduced its stake in DIS by selling 32,489 shares or 5.53% in the most recent quarter. The Hedge Fund company now holds 554,661 shares of DIS which is valued at $55,549,299. Walt Disney Co makes up approx 1.51% of Bristol John W Co Inc Ny’s portfolio.Exxonmobil Investment Management Inc Tx boosted its stake in DIS in the latest quarter, The investment management firm added 20,904 additional shares and now holds a total of 386,372 shares of Walt Disney Co which is valued at $38,490,379. Walt Disney Co makes up approx 0.80% of Exxonmobil Investment Management Inc Tx’s portfolio.
Walt Disney Co opened for trading at $95.85 and hit $96.38 on the upside on Friday, eventually ending the session at $95.95, with a gain of 0.04% or 0.04 points. The heightened volatility saw the trading volume jump to 82,63,966 shares. Company has a market cap of $155,673 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 Downgraded by FBR Capital on Jul 26, 2016 to ” Mkt Perform” and Lowered the Price Target to $ 108 from a previous price target of $111 .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.