The Walt Disney Company (DIS) Trend of Beating EPS and Revenue Estimates

Paterniano Del Favero
Agosto 10, 2017

The firm owned 2,079 shares of the entertainment giant's stock after selling 5,389 shares during the period. Company has far performed well this year, with the share price up 2.04% since January. Fox Run Management L.L.C. purchased a new position in Walt Disney Company (The) during the first quarter worth $1,270,000. The institutional investor held 48,796 shares of the television services company at the end of 2016Q4, valued at $5.09M, up from 45,716 at the end of the previous reported quarter. Frontier Wealth Management LLC boosted its position in Walt Disney Company (The) by 55.7% in the fourth quarter. Tightening the gaze, stock performance for the last 5 trading days is -3.26%. That represents a much larger move than the stock's last four earnings announcement reactions, which sit at -2.15%, -0.52%, +2.42, and +1.23%, respectively. Banco Santander S.A. acquired a new position in Walt Disney Company (The) during the fourth quarter worth about $4,931,000.

Several other hedge funds have also recently modified their holdings of the company.

COPYRIGHT VIOLATION WARNING: "Walt Disney Company (The) (DIS) Stake Decreased by Hudock Capital Group LLC" was first published by Transcript Daily and is the sole property of of Transcript Daily. The stock declined 0.13% or $0.12 reaching $92.04 per share. The company has a market capitalization of $160.92 billion, a P/E ratio of 17.93 and a beta of 1.40. Narrowing in, the stock is at a distance of -3.59% from the 50 day high and 4.02% off of the 50 day low. Walt Disney Company (The) also was the recipient of some unusual options trading activity on Monday. This is an increase of approximately 352% compared to the average volume of 5,955 put options. Moreover, Reilly Financial Advsr Ltd Liability Company has 0.39% invested in Walt Disney Co (NYSE:DIS). The entertainment giant reported $1.58 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.53 by $0.05.

On average, Wall Street analysts are looking for Q3 EPS of $1.55, up from $1.45 past year, and revenues of $14.44 billion, compared with $14.27 billion in Q3 2016. During the same period past year, the firm posted $1.62 EPS. Schulhoff & owns 0.21% invested in Walt Disney Co (NYSE:DIS) for 3,295 shares. The current consensus recommendation provided by covering analysts is 2.40.

The company also recently disclosed a Semi-Annual dividend, which was paid on Thursday, July 27th. The Company dividend yield observed at 10.18%. The stock of Walt Disney Co (NYSE:DIS) has "Buy" rating given on Thursday, August 6 by Vetr. Walt Disney Company (The)'s payout ratio is 27.18%. BMO Capital Markets maintained the stock with "Underperform" rating in Monday, May 15 report. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of United States & global copyright & trademark legislation. The original version of this piece can be accessed at

DIS has been the subject of several recent research reports. Credit Suisse Group reaffirmed a "buy" rating and issued a $125.00 price target on shares of Walt Disney Company (The) in a research note on Sunday, May 28th. Finally, Royal Bank Of Canada restated a "buy" rating and set a $130.00 price target on shares of Walt Disney Company (The) in a research report on Friday, July 14th. Adams Express Company sold 78,100 shares as the company's stock rose 5.49% with the market. The Stock becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. Also, Chairman Robert A. Iger sold 797,578 shares of the stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $105.09, for a total value of $83,817,472.02. Following the transaction, the chairman now directly owns 1,566,484 shares of the company's stock, valued at $164,621,803.56.

In other Walt Disney Company (The) news, Director Susan E. Arnold sold 12,143 shares of the stock in a transaction on Thursday, May 11th. The stock was sold at an average price of $109.02, for a total value of $1,323,829.86. The disclosure for this sale can be found here. For passive investors (long-term) earning per shares and its growth is most valuable indicator for investment, as DIS has EPS growth of 13.50% for next year.

Media giant Walt Disney plans to start its own online streaming services in the United States for movies, shows and sports in a shift aimed at bringing productions directly to consumers. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations. It improved, as 67 investors sold DIS shares while 602 reduced holdings.

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