Walt Disney Co (DIS) : Boston Private Wealth reduced its stake in Walt Disney Co by 4.82% during the most recent quarter end. The investment management company now holds a total of 293,963 shares of Walt Disney Co which is valued at $28,246,905 after selling 14,887 shares in Walt Disney Co , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Walt Disney Co makes up approximately 1.12% of Boston Private Wealth’s portfolio.
Other Hedge Funds, Including , Spinnaker Trust reduced its stake in DIS by selling 350 shares or 5.59% in the most recent quarter. The Hedge Fund company now holds 5,912 shares of DIS which is valued at $568,084. Walt Disney Co makes up approx 0.08% of Spinnaker Trust’s portfolio.First Midwest Bank Trust Division reduced its stake in DIS by selling 9,048 shares or 11.07% in the most recent quarter. The Hedge Fund company now holds 72,687 shares of DIS which is valued at $7,001,939. Walt Disney Co makes up approx 0.84% of First Midwest Bank Trust Division’s portfolio.Seaward Management Limited Partnership reduced its stake in DIS by selling 2,440 shares or 2.27% in the most recent quarter. The Hedge Fund company now holds 104,869 shares of DIS which is valued at $10,102,031. Walt Disney Co makes up approx 0.54% of Seaward Management Limited Partnership’s portfolio.Forte Capital Adv reduced its stake in DIS by selling 110 shares or 0.97% in the most recent quarter. The Hedge Fund company now holds 11,251 shares of DIS which is valued at $1,123,750. Walt Disney Co makes up approx 0.42% of Forte Capital Adv’s portfolio.
Walt Disney Co closed down -0.93 points or -0.97% at $95.16 with 1,00,38,331 shares getting traded on Thursday. Post opening the session at $95.53, the shares hit an intraday low of $94.71 and an intraday high of $95.98 and the price fluctuated in this range throughout the day.Shares ended Thursday 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. 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.