Walt Disney Co Can’t Be More Risky. Option Traders Sell It

 Walt Disney Co Can't Be More Risky. Option Traders Sell It

In today’s session Walt Disney Co (DIS) recorded an unusually high (600) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the June, 2017 put, expecting serious DIS decrease. With 600 contracts traded and 15904 open interest for the Jun, 17 contract, it seems this is a quite bearish bet. The option with symbol: DIS170616P00092500 closed last at: $6.05 or 0.8% down. About 3.70M shares traded hands. Walt Disney Co (NYSE:DIS) has declined 6.45% since March 3, 2016 and is downtrending. It has underperformed by 14.79% the S&P500.

Analysts await Walt Disney Co (NYSE:DIS) to report earnings on November, 3. They expect $1.19 earnings per share, down 0.83% or $0.01 from last year’s $1.2 per share. DIS’s profit will be $1.91B for 19.55 P/E if the $1.19 EPS becomes a reality. After $1.62 actual earnings per share reported by Walt Disney Co for the previous quarter, Wall Street now forecasts -26.54% negative EPS growth.

Walt Disney Co (NYSE:DIS) Ratings Coverage

Out of 27 analysts covering The Walt Disney Company (NYSE:DIS), 13 rate it a “Buy”, 1 “Sell”, while 13 “Hold”. This means 48% are positive. The Walt Disney Company has been the topic of 60 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The rating was downgraded by Drexel Hamilton on Monday, September 26 to “Hold”. Stifel Nicolaus maintained Walt Disney Co (NYSE:DIS) rating on Tuesday, January 19. Stifel Nicolaus has “Buy” rating and $110.0 price target. The firm has “Underweight” rating by Barclays Capital given on Monday, January 18. Pivotal Research initiated Walt Disney Co (NYSE:DIS) on Tuesday, October 20 with “Hold” rating. Guggenheim maintained Walt Disney Co (NYSE:DIS) rating on Wednesday, August 5. Guggenheim has “Buy” rating and $120 price target. As per Thursday, October 29, the company rating was maintained by Topeka Capital Markets. The rating was maintained by Barclays Capital with “Hold” on Sunday, August 16. The firm earned “Outperform” rating on Thursday, May 12 by Credit Suisse. The firm has “Buy” rating given on Thursday, August 6 by Vetr. The company was maintained on Thursday, November 19 by Topeka Capital Markets.

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.”

Insitutional Activity: The institutional sentiment decreased to 1.04 in Q2 2016. Its down 0.13, from 1.17 in 2016Q1. The ratio is negative, as 66 funds sold all Walt Disney Co shares owned while 622 reduced positions. 111 funds bought stakes while 605 increased positions. They now own 909.47 million shares or 6.26% less from 970.21 million shares in 2016Q1.
The New Jersey-based Palisade Management Ltd Nj has invested 0.21% in Walt Disney Co (NYSE:DIS). Moreover, Bridgewater Assoc Lp has 0.08% invested in Walt Disney Co (NYSE:DIS) for 68,800 shares. Heathbridge Capital Mngmt Limited last reported 0.01% of its portfolio in the stock. First National Tru holds 54,456 shares or 0.82% of its portfolio. Fmr Ltd Limited Liability Company reported 36.31 million shares or 0.48% of all its holdings. Sprucegrove Investment Limited has invested 0.46% of its portfolio in Walt Disney Co (NYSE:DIS). Schmidt P J Invest Management Incorporated reported 27,054 shares or 0.98% of all its holdings. Emerald Advisers Inc Pa holds 0.03% of its portfolio in Walt Disney Co (NYSE:DIS) for 5,699 shares. Paradigm Asset Mngmt Ltd Co reported 28,334 shares or 0% of all its holdings. Winfield last reported 0.86% of its portfolio in the stock. Moreover, Rowland Inv Counsel Adv has 0% invested in Walt Disney Co (NYSE:DIS) for 1,238 shares. The United Kingdom-based Aberdeen Asset Management Public Ltd Uk has invested 0.22% in Walt Disney Co (NYSE:DIS). Moreover, Canada Pension Plan Board has 0% invested in Walt Disney Co (NYSE:DIS) for 80 shares. Pillar Pacific Cap Mgmt Limited Liability Co has 78,192 shares for 1.29% of their US portfolio. Denver Invest Advisors Ltd Llc accumulated 50,408 shares or 0.22% of the stock.

Insider Transactions: Since April 18, 2016, the stock had 1 buy, and 2 sales for $267,560 net activity. $266,250 worth of shares were sold by WOODFORD BRENT on Monday, May 9. LAGOMASINO MARIA ELENA also bought $99,940 worth of Walt Disney Co (NYSE:DIS) shares.

The Walt Disney Company is a diversified entertainment company. The company has a market cap of $149.31 billion. The Company’s business divisions include Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. It has a 16.7 P/E ratio. The Media Networks segment includes cable and broadcast television networks, television production operations, television distribution, domestic television stations, and radio networks and stations.

DIS Company Profile

The Walt Disney Company, incorporated on July 28, 1995, is a diversified entertainment company. The Firm operates through five business divisions: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive.

More notable recent Walt Disney Co (NYSE:DIS) news were published by: Marketwatch.com which released: “Netflix said to be in Disney’s crosshairs, and analysts see a streaming rationale” on October 03, 2016, also Fool.com with their article: “Better Buy: The Walt Disney Company vs. The Coca-Cola Company” published on October 03, 2016, Bloomberg.com published: “Disney Is Working With an Adviser on Potential Twitter Bid” on September 26, 2016. More interesting news about Walt Disney Co (NYSE:DIS) were released by: Fool.com and their article: “The 3 Biggest Opportunities for Walt Disney Co” published on September 06, 2016 as well as Usnews.com‘s news article titled: “Walt Disney Co Wants to Scan Your Children’s Fingers (DIS)” with publication date: September 07, 2016.

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