Walt Disney Co Just Recorded A Sigfniciant Bearish Options Activity

 Walt Disney Co Just Recorded A Sigfniciant Bearish Options Activity

In today’s session Walt Disney Co (DIS) recorded an unusually high (900) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the April, 2017 put, expecting serious DIS decrease. With 900 contracts traded and 22064 open interest for the Apr, 17 contract, it seems this is a quite bearish bet. The option with symbol: DIS170421P00080000 closed last at: $0.61 or 10.3% down. About 2.89 million shares traded hands. Walt Disney Co (NYSE:DIS) has declined 5.50% since April 25, 2016 and is downtrending. It has underperformed by 11.51% the S&P500.

Analysts await Walt Disney Co (NYSE:DIS) to report earnings on February, 14. They expect $1.50 earnings per share, down 7.98% or $0.13 from last year’s $1.63 per share. DIS’s profit will be $2.42 billion for 16.50 P/E if the $1.50 EPS becomes a reality. After $1.10 actual earnings per share reported by Walt Disney Co for the previous quarter, Wall Street now forecasts 36.36% 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”, 0 “Sell”, while 14 “Hold”. This means 48% are positive. $136 is the highest target while $10.55 is the lowest. The $114.39 average target is 15.55% above today’s ($99) stock price. The Walt Disney Company has been the topic of 63 analyst reports since July 24, 2015 according to StockzIntelligence Inc. Cowen & Co maintained the shares of DIS in a report on Tuesday, August 25 with “Hold” rating. The stock of Walt Disney Co (NYSE:DIS) has “Underweight” rating given on Friday, January 15 by Barclays Capital. Barclays Capital maintained it with “Equal-Weight” rating and $98 target price in Friday, August 14 report. Guggenheim maintained Walt Disney Co (NYSE:DIS) rating on Wednesday, August 5. Guggenheim has “Buy” rating and $120 price target. The rating was upgraded by Hilliard Lyons on Tuesday, August 25 to “Buy”. The firm has “Equalweight” rating by Morgan Stanley given on Thursday, July 14. Topeka Capital Markets maintained Walt Disney Co (NYSE:DIS) rating on Thursday, November 19. Topeka Capital Markets has “Buy” rating and $133 price target. The stock of Walt Disney Co (NYSE:DIS) earned “Neutral” rating by Goldman Sachs on Tuesday, December 15. The firm earned “Outperform” rating on Tuesday, September 1 by Macquarie Research. The firm has “Buy” rating given on Friday, July 24 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 1.03 in 2016 Q2. Its down 0.01, from 1.04 in 2016Q1. The ratio worsened, 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.
New England Private Wealth reported 2,964 shares or 0.11% of all its holdings. Burke & Herbert Natl Bank & Tru holds 1.16% of its portfolio in Walt Disney Co (NYSE:DIS) for 13,091 shares. Intact Invest Incorporated last reported 2,300 shares in the company. Scharf Lc has 15,025 shares for 0.03% of their US portfolio. The Alabama-based Birmingham Capital Mgmt Al has invested 1.08% in Walt Disney Co (NYSE:DIS). Hall Laurie J Trustee last reported 11,365 shares in the company. Pensionfund Dsm Netherlands last reported 1.04% of its portfolio in the stock. Financial Services reported 5,640 shares or 0.32% of all its holdings. Mogy Joel R Counsel last reported 2.48% of its portfolio in the stock. Fort Washington Inv Advisors Oh has 0.15% invested in the company for 82,315 shares. Ronald Blue And Ltd holds 5,312 shares or 0.02% of its portfolio. Wealthtrust has 520 shares for 0.03% of their US portfolio. The Maryland-based First United Bankshares Trust has invested 0.71% in Walt Disney Co (NYSE:DIS). Winslow Evans And Crocker accumulated 52,220 shares or 0% of the stock. Voya Invest Mgmt Ltd Limited Liability Company accumulated 0.18% or 742,382 shares.

Insider Transactions: Since November 14, 2016, the stock had 0 insider purchases, and 3 sales for $2.58 million net activity. 19,871 shares with value of $1.97 million were sold by BRAVERMAN ALAN N on Wednesday, November 16. Shares for $22,554 were sold by WOODFORD BRENT on Monday, November 14. The insider MATSCHULLAT ROBERT W sold 6,000 shares worth $591,929.

The Walt Disney Company is a diversified entertainment company. The company has a market cap of $160.01 billion. The Company’s business divisions include Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. It has a 17.31 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: Foxbusiness.com which released: “Amazon.com Is Looking To School Walt Disney Co” on November 25, 2016, also Fool.com with their article: “Walt Disney Co Is on Track to Have the Best Year in Box Office History” published on November 22, 2016, Fool.com published: “ESPN Subscriber Losses Finally Take Their Toll at Walt Disney Co” on November 21, 2016. More interesting news about Walt Disney Co (NYSE:DIS) were released by: Fool.com and their article: “Better Buy: Walt Disney Co. vs. Netflix” published on November 15, 2016 as well as Fool.com‘s news article titled: “6 Must-See Updates on Walt Disney Co.’s Business” with publication date: November 15, 2016.

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