Walt Disney Co (DIS) : Sadoff Investment Management has sold out all of its stake in Walt Disney Co during the most recent quarter, according to the disclosure filed by the company on Oct 7, 2016 with the SEC. The investment management company has sold out 2,780 shares of Walt Disney Co which is valued at $257,122.
Other Hedge Funds, Including , Nadler Financial Group reduced its stake in DIS by selling 241 shares or 3.25% in the most recent quarter. The Hedge Fund company now holds 7,174 shares of DIS which is valued at $663,523. Walt Disney Co makes up approx 0.27% of Nadler Financial Group’s portfolio.Franklin Street Advisors Inc Nc reduced its stake in DIS by selling 475 shares or 0.53% in the most recent quarter. The Hedge Fund company now holds 88,854 shares of DIS which is valued at $8,214,552. Walt Disney Co makes up approx 1.51% of Franklin Street Advisors Inc Nc’s portfolio.First American Trust Fsb reduced its stake in DIS by selling 1,803 shares or 5.35% in the most recent quarter. The Hedge Fund company now holds 31,901 shares of DIS which is valued at $2,949,247. Walt Disney Co makes up approx 0.93% of First American Trust Fsb’s portfolio.Lynch Associatesin reduced its stake in DIS by selling 1,112 shares or 2.82% in the most recent quarter. The Hedge Fund company now holds 38,341 shares of DIS which is valued at $3,544,625. Walt Disney Co makes up approx 1.57% of Lynch Associatesin’s portfolio.Cullinan Associates Inc boosted its stake in DIS in the latest quarter, The investment management firm added 1,288 additional shares and now holds a total of 96,166 shares of Walt Disney Co which is valued at $8,890,547. Walt Disney Co makes up approx 0.77% of Cullinan Associates Inc’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.