Edgemoor Investment Advisors Inc increased its stake in Disney Walt Co (DIS) by 190.71% based on its latest 2016Q3 regulatory filing with the SEC. Edgemoor Investment Advisors Inc bought 54,058 shares as the company’s stock declined 5.27% while stock markets rallied. The institutional investor held 82,404 shares of the television services company at the end of 2016Q3, valued at $7.65 million, up from 28,346 at the end of the previous reported quarter. Edgemoor Investment Advisors Inc who had been investing in Disney Walt Co for a number of months, seems to be bullish on the $172.51 billion market cap company. The stock is down 0.15% or $0.16 hitting $108.22, despite the positive news. About 3,013 shares traded hands. Walt Disney Co (NYSE:DIS) has risen 10.20% since June 7, 2016 and is uptrending. It has outperformed by 2.78% the S&P500.
Edgemoor Investment Advisors Inc is a Maryland-based institutional investor with more than $707.10 million AUM in January, 2015. Taken from Edgemoor Investment Advisors latest Adv, the fund reported to have 8 full and part-time employees. Among which 5 performing investment advisory and research functions. The institutional investor had more than 200 clients.
Insitutional Activity: The institutional sentiment decreased to 1.03 in Q3 2016. Its down 0.01, from 1.04 in 2016Q2. The ratio is negative, as 77 funds sold all DIS shares owned while 614 reduced positions. 114 funds bought stakes while 601 increased positions. They now own 880.26 million shares or 3.21% less from 909.47 million shares in 2016Q2. Aberdeen Asset Mgmt Public Ltd Co Uk holds 492,878 shares or 0.16% of its portfolio. Stoneridge Invest Ltd Llc has 54,164 shares for 0.73% of their US portfolio. Forbes J M & Com Llp has invested 0.15% of its portfolio in Walt Disney Co (NYSE:DIS). Kames Cap Public Ltd Com has 7,463 shares for 0% of their US portfolio. Motley Fool Wealth Mgmt has 0.87% invested in the company for 88,392 shares. Peninsula Asset reported 5,486 shares or 0.39% of all its holdings. Lucas Management owns 2,181 shares or 0.16% of their US portfolio. Independent holds 2.16% or 50,213 shares in its portfolio. State Of New Jersey Common Pension Fund D, a New Jersey-based fund reported 4.50 million shares. Pinnacle Lc holds 0% or 15,498 shares in its portfolio. Moody Natl Bank Tru Division reported 24,507 shares or 0.13% of all its holdings. Koshinski Asset Inc holds 0% of its portfolio in Walt Disney Co (NYSE:DIS) for 5,803 shares. The New York-based Laurion Capital LP has invested 0.01% in Walt Disney Co (NYSE:DIS). Stockman Asset Mgmt holds 0.43% of its portfolio in Walt Disney Co (NYSE:DIS) for 7,444 shares. Mrj Capital accumulated 1.74% or 28,500 shares.
Insider Transactions: Since November 14, 2016, the stock had 0 insider purchases, and 10 selling transactions for $3.85 million net activity. WOODFORD BRENT sold $96,764 worth of stock or 925 shares. $1.97M worth of Walt Disney Co (NYSE:DIS) shares were sold by BRAVERMAN ALAN N. $591,929 worth of shares were sold by MATSCHULLAT ROBERT W on Wednesday, November 16.
More notable recent Walt Disney Co (NYSE:DIS) news were published by: Investorplace.com which released: “Tuesday’s Vital Data: Apple Inc. (AAPL), Walt Disney Co (DIS) and Ford Motor …” on January 10, 2017, also Finance.Yahoo.com with their article: “Bath Savings Trust Co Buys Walt Disney Co, Alphabet Inc, The Estee Lauder …” published on January 06, 2017, Finance.Yahoo.com published: “Perkins Coie Trust Co Buys Microsoft Corp, Walt Disney Co, PepsiCo Inc, Sells …” on January 10, 2017. More interesting news about Walt Disney Co (NYSE:DIS) were released by: Fool.com and their article: “Better Buy: The Walt Disney Company vs. Coca-Cola” published on December 17, 2016 as well as Latimes.com‘s news article titled: “Walt Disney Co.’s ‘Rogue One’ to power ‘Star Wars’ franchise and possible $300 …” with publication date: December 16, 2016.
According to Zacks Investment Research, “The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise with five business segments: media networks, parks and resorts, studio entertainment, consumer products and interactive media.”
Walt Disney Co (NYSE:DIS) Ratings Coverage
Out of 28 analysts covering The Walt Disney Company (NYSE:DIS), 14 rate it a “Buy”, 0 “Sell”, while 14 “Hold”. This means 50% are positive. The Walt Disney Company has been the topic of 65 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock of Walt Disney Co (NYSE:DIS) has “Hold” rating given on Tuesday, August 25 by Cowen & Co. The stock of Walt Disney Co (NYSE:DIS) earned “Buy” rating by S&P Research on Thursday, August 6. The firm has “Buy” rating by Guggenheim given on Wednesday, August 5. The rating was downgraded by Atlantic Securities on Tuesday, January 26 to “Neutral”. Deutsche Bank maintained Walt Disney Co (NYSE:DIS) rating on Thursday, February 18. Deutsche Bank has “Hold” rating and $113 price target. Barclays Capital downgraded the shares of DIS in a report on Monday, January 18 to “Underweight” rating. The firm has “Hold” rating given on Monday, August 10 by Deutsche Bank. The rating was maintained by Stifel Nicolaus on Tuesday, January 19 with “Buy”. As per Friday, November 11, the company rating was upgraded by Barclays Capital. The firm has “Buy” rating given on Thursday, September 29 by UBS.
DIS Company Profile
The Walt Disney Company, incorporated on July 28, 1995, is a worldwide entertainment company. The Firm operates in four business divisions: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations. The Company’s Walt Disney Imagineering unit creates and develops new theme park concepts and attractions, as well as resort properties. The studio entertainment segment produces and acquires live-action and animated motion pictures, direct-to-video content, musical recordings and live stage plays. The Firm also develops and publishes games, primarily for mobile platforms, books, magazines and comic books.
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