Walt Disney Co (DIS) : Catawba Capital Management Va reduced its stake in Walt Disney Co by 1.36% during the most recent quarter end. The investment management company now holds a total of 85,730 shares of Walt Disney Co which is valued at $7,929,168 after selling 1,185 shares in Walt Disney Co , the firm said in a disclosure report filed with the SEC on Oct 7, 2016.Walt Disney Co makes up approximately 1.90% of Catawba Capital Management Va’s portfolio.
Other Hedge Funds, Including , Sadoff Investment Management sold out all of its stake in DIS during the most recent quarter. The investment firm sold 2,780 shares of DIS which is valued $257,122.North Star Asset Management Inc boosted its stake in DIS in the latest quarter, The investment management firm added 98 additional shares and now holds a total of 32,709 shares of Walt Disney Co which is valued at $3,023,947. Walt Disney Co makes up approx 0.34% of North Star Asset Management Inc’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in DIS in the latest quarter, The investment management firm added 421,039 additional shares and now holds a total of 1,121,650 shares of Walt Disney Co which is valued at $103,696,543. Walt Disney Co makes up approx 0.43% of Bnp Paribas Arbitrage Sa’s portfolio.Private Asset Management Inc boosted its stake in DIS in the latest quarter, The investment management firm added 10,805 additional shares and now holds a total of 94,885 shares of Walt Disney Co which is valued at $8,772,118. Walt Disney Co makes up approx 1.48% of Private Asset Management Inc’s portfolio.Washington Trust Bank boosted its stake in DIS in the latest quarter, The investment management firm added 860 additional shares and now holds a total of 38,466 shares of Walt Disney Co which is valued at $3,556,182. Walt Disney Co makes up approx 0.85% of Washington Trust Bank’s portfolio.
Walt Disney Co closed down -0.34 points or -0.37% at $92.49 with 61,44,089 shares getting traded on Friday. Post opening the session at $93.06, the shares hit an intraday low of $92.02 and an intraday high of $93.29 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Walt Disney Co reported $1.62 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 9, 2016. Analyst had a consensus of $1.61. The company had revenue of $14277.00 million for the quarter, compared to analysts expectations of $14156.03 million. The company’s revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.45 EPS.
Many Wall Street Analysts have commented on Walt Disney Co. Walt Disney Co was Downgraded by Drexel Hamilton to ” Hold” on Sep 26, 2016. Walt Disney Co was Upgraded by Macquarie to ” Outperform” on Aug 10, 2016. Shares were Reiterated by Pivotal Research Group on Aug 10, 2016 to “Buy” and Lowered the Price Target to $ 118 from a previous price target of $122 .
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.