In today’s session Walt Disney Co (DIS) registered an unusually high (509) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious DIS increase. With 509 contracts traded and 22194 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: DIS161216C00097500 closed last at: $0.53 or 5.4% down. About 3.69 million shares traded hands. Walt Disney Co (NYSE:DIS) has declined 7.60% since March 14, 2016 and is downtrending. It has underperformed by 13.21% 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 $1.92 billion for 19.08 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 maintained by Morgan Stanley on Thursday, July 14 with “Equalweight”. The rating was upgraded by Pivotal Research on Monday, April 18 to “Buy”. The company was maintained on Tuesday, January 19 by Stifel Nicolaus. The rating was downgraded by Atlantic Securities on Tuesday, January 26 to “Neutral”. The firm has “Buy” rating given on Wednesday, August 5 by Guggenheim. The rating was maintained by RBC Capital Markets on Monday, August 3 with “Outperform”. The stock of Walt Disney Co (NYSE:DIS) earned “Outperform” rating by Macquarie Research on Wednesday, August 10. The firm has “Outperform” rating by FBR Capital given on Friday, November 6. The firm has “Buy” rating by Argus Research given on Monday, November 9. As per Wednesday, August 5, the company rating was downgraded by Jefferies.
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.
Paragon Cap Management Limited Liability reported 2,064 shares or 0.07% of all its holdings. Ridgeworth Mngmt Ltd Liability Com has 0.07% invested in the company for 76,010 shares. Art Advsr Limited Com has 14,977 shares for 0.07% of their US portfolio. Jfs Wealth Advsrs Limited Liability Com owns 19,216 shares or 0.52% of their US portfolio. The Alabama-based Andra Ap has invested 0.16% in Walt Disney Co (NYSE:DIS). United States Steel Carnegie Pension Fund last reported 198,023 shares in the company. Principal Gru reported 2.13M shares or 0.29% of all its holdings. Diligent Investors Limited Liability Corp has invested 3.02% of its portfolio in Walt Disney Co (NYSE:DIS). Chesapeake Asset Management Limited Company holds 50,557 shares or 4.02% of its portfolio. Rmb Capital Mgmt Ltd Liability Corporation owns 4,453 shares or 0.02% of their US portfolio. Moreover, Provise Management Ltd has 0.18% invested in Walt Disney Co (NYSE:DIS) for 9,761 shares. Dreman Value Mngmt L L C has 0.03% invested in the company for 470 shares. Deroy & Devereaux Private Investment Counsel has 90,938 shares for 1.18% of their US portfolio. Stearns Gru holds 0.09% of its portfolio in Walt Disney Co (NYSE:DIS) for 3,058 shares. Welch Forbes Limited Liability Com last reported 72,444 shares in the company.
Insider Transactions: Since April 18, 2016, the stock had 1 buy, and 1 sale for $166,310 net activity. Another trade for 980 shares valued at $99,940 was made by LAGOMASINO MARIA ELENA on Thursday, May 12. The insider WOODFORD BRENT sold $101,250.
The Walt Disney Company is a diversified entertainment company. The company has a market cap of $146.28 billion. The Company’s business divisions include Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. It has a 16.3 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: Profitconfidential.com which released: “Walt Disney Co: Why is DIS Stock Going Down?” on October 13, 2016, also Bloomberg.com with their article: “Disney Is Working With an Adviser on Potential Twitter Bid” published on September 26, 2016, Marketwatch.com published: “Netflix said to be in Disney’s crosshairs, and analysts see a streaming rationale” on October 03, 2016. More interesting news about Walt Disney Co (NYSE:DIS) were released by: Fool.com and their article: “Better Buy: The Walt Disney Company vs. The Coca-Cola Company” published on October 03, 2016 as well as Profitconfidential.com‘s news article titled: “Walt Disney Co: Critical Level that DIS stock Investors Must See” with publication date: October 05, 2016.
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