Walt Disney Co’s Trend Up, Especially After This Options Activity

 Walt Disney Co's Trend Up, Especially After This Options Activity

In today’s session Walt Disney Co (DIS) registered an unusually high (657) 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 657 contracts traded and 131694 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: DIS161216C00100000 closed last at: $0.44 or 69.2% up. About 1.40M shares traded hands. Walt Disney Co (NYSE:DIS) has declined 4.69% since April 5, 2016 and is downtrending. It has underperformed by 6.65% the S&P500.

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. $136 is the highest target while $10.55 is the lowest. The $115.88 average target is 23.72% above today’s ($93.66) stock price. The Walt Disney Company has been the topic of 60 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The rating was upgraded by Pivotal Research to “Buy” on Monday, April 18. The rating was downgraded by BMO Capital Markets on Wednesday, August 5 to “Market Perform”. The company was downgraded on Monday, September 26 by Drexel Hamilton. UBS maintained Walt Disney Co (NYSE:DIS) on Thursday, September 29 with “Buy” rating. The rating was downgraded by Jefferies to “Hold” on Wednesday, August 5. Cowen & Co maintained Walt Disney Co (NYSE:DIS) on Friday, August 28 with “Hold” rating. The rating was downgraded by Wells Fargo on Tuesday, August 18 to “Market Perform”. The rating was maintained by FBR Capital on Wednesday, August 5 with “Outperform”. The rating was maintained by S&P Research with “Buy” on Thursday, August 6. Barclays Capital downgraded the shares of DIS in a report on Monday, January 18 to “Underweight” rating.

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 2016 Q2. 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.
Northeast Invest Mngmt has invested 3.11% of its portfolio in Walt Disney Co (NYSE:DIS). Fort Point Capital Prns Ltd Co owns 2,303 shares or 0.11% of their US portfolio. Moreover, Tukman Grossman Capital Mgmt has 8.05% invested in Walt Disney Co (NYSE:DIS) for 1.39 million shares. Nj State Employees Deferred Compensation Plan reported 50,000 shares or 1.04% of all its holdings. Delta Lloyd Nv holds 0.86% or 260,506 shares in its portfolio. Voya Investment Ltd, a Georgia-based fund reported 742,382 shares. Pinnacle Advisory Group Inc Inc holds 0.03% or 3,476 shares in its portfolio. Jones Collombin Invest Counsel last reported 0% of its portfolio in the stock. Tiverton Asset Mngmt Limited Liability last reported 162,528 shares in the company. Van Cleef Asset Managementinc last reported 0.21% of its portfolio in the stock. Spears Abacus Advsrs Limited Company, a New York-based fund reported 10,773 shares. Moreover, State Bank Of The West has 0.23% invested in Walt Disney Co (NYSE:DIS) for 16,884 shares. The New York-based Karpus Mngmt Incorporated has invested 0.01% in Walt Disney Co (NYSE:DIS). The Maine-based Acadia Tru Na has invested 0.16% in Walt Disney Co (NYSE:DIS). Ramsay Stattman Vela & Price owns 53,206 shares or 2.57% of their US portfolio.

Insider Transactions: Since May 9, 2016, the stock had 1 buying transaction, and 0 selling transactions for $99,940 net activity. On Monday, May 9 the insider WOODFORD BRENT sold $266,250. LAGOMASINO MARIA ELENA bought 980 shares worth $99,940.

The Walt Disney Company is a diversified entertainment company. The company has a market cap of $149.74 billion. The Company’s business divisions include Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. It has a 16.81 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: Fool.com which released: “[PREMIUM] Walt Disney Co. Earnings: 3 Things to Watch” on November 05, 2016, also Fool.com with their article: “Could Falling NFL Ratings Be a Problem for Walt Disney Co?” published on October 30, 2016, Investorplace.com published: “Walt Disney Co (DIS) Stock Fears Are Way Overblown” on November 01, 2016. More interesting news about Walt Disney Co (NYSE:DIS) were released by: Profitconfidential.com and their article: “Walt Disney Co: Why is DIS Stock Going Down?” published on October 13, 2016 as well as Reviewjournal.com‘s news article titled: “21st Century Fox, Walt Disney Company bring over 35 networks to Hulu” with publication date: November 01, 2016.

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