Norges Bank purchased a new position in shares of The Walt Disney during the fourth quarter valued at about $1,509,386,000.
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Target Asset Management Pte Ltd holds 27.24% of its portfolio in Walt Disney Co for 370,000 shares. The daily volume was calculated at 27.18 million shares. Piper Jaffray Cos. upgraded shares of The Walt Disney to a “buy” rating in a research report on Monday, April 18th. Pivotal Research lowered their price target on The Walt Disney from $122.00 to $118.00 and set a “buy” rating on the stock in a report on Wednesday. Its quick ratio for most recent quarter is 0.9 along with current ratio for most recent quarter of 1. Moreover, Lindsell Train Ltd has 10.63% invested in the company for 1.81 million shares.
The number of The Walt Disney Company shares in issue is 1,622,440,000 which have a current share price of 98.23 bringing The Walt Disney Company’s market capitalisation to 159.37B United States dollars.
Other hedge funds and institutional investors have added to or reduced their stakes in the company.
From 2017-09-30, a mean EPS of $1.34 is expected by Zack for the fiscal year ended 2017 for Walt Disney Co (NYSE:DIS).
Looking at the recent performance of the shares of the company, the shares of DIS showed weekly performance at 1.84% with previous month’s performance at -2.34%.
The Walt Disney (NYSE:DIS) traded up 0.0205% on Thursday, hitting $97.8801. According to a research note published on Jul 20, 2016, analysts at Stifel have lowered their rating on the company stock from Buy to Hold.
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. Overweight rating was given by 1 analyst and Underweight rating was given by 1 analyst.
Michael Kors Holdings Ltd (KORS) slumped 1.1% or 53 cents to $49.58 after the United Kingdom -focused accessories, footwear and apparel retailer said total revenues in the second-quarter ending on July 2 rose 0.2% from a year ago to $987.9 million. The company, Alibaba Group Holding Ltd’s main rival in online shopping, said on Wednesday revenue for the quarter rose 42 percent to 65.2 billion yuan ($9.83 billion), within JD.com’s forecast range of 64.2-66.2 billion yuan. During the same quarter in the previous year, the business posted $1.45 earnings per share.
Many Wall Street Analysts have commented on Walt Disney Co. Walt Disney Co makes up approx 0.09% of Rockefeller Financial Services Inc’s portfolio.
Yelp Inc. (NYSE: YELP) had its target price boosted by equities researchers at Morgan Stanley from $19.00 to $26.00.
According to Zacks Investment Research, “The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified global family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media”. The Media Networks segment includes cable and broadcast television networks, television production operations, television distribution, domestic television stations, and radio networks and stations. Walt Disney Parks and Resorts (WDP&R) is a provider of family travel and leisure experiences.
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Yet, even in light of Disney’s “astonishing movie streak” pushing studio segment profits up to $766 million, topping Crockett’s estimate by $61 million, the disappointment for Disney lies with CP/Interactive profits, which fell to $324 million. 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.
