Walt Disney Co (DIS) : Central Bank Trust Co reduced its stake in Walt Disney Co by 2.82% during the most recent quarter end. The investment management company now holds a total of 71,506 shares of Walt Disney Co which is valued at $6,613,590 after selling 2,076 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 1.88% of Central Bank Trust Co’s portfolio.
Other Hedge Funds, Including , Exxonmobil Investment Management Inc Tx reduced its stake in DIS by selling 8,850 shares or 2.29% in the most recent quarter. The Hedge Fund company now holds 377,522 shares of DIS which is valued at $34,917,010. Walt Disney Co makes up approx 0.73% of Exxonmobil Investment Management Inc Tx’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.Independent Portfolio Consultants reduced its stake in DIS by selling 160 shares or 13.41% in the most recent quarter. The Hedge Fund company now holds 1,033 shares of DIS which is valued at $95,501. Walt Disney Co makes up approx 0.03% of Independent Portfolio Consultants’s portfolio.Summit Financial Wealth Advisors boosted its stake in DIS in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 2,175 shares of Walt Disney Co which is valued at $201,079. Walt Disney Co makes up approx 0.09% of Summit Financial Wealth Advisors’s portfolio.Indiana Trust Investment Management Co boosted its stake in DIS in the latest quarter, The investment management firm added 30 additional shares and now holds a total of 19,362 shares of Walt Disney Co which is valued at $1,790,017. Walt Disney Co makes up approx 0.94% of Indiana Trust Investment Management Co’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.