Whittier Trust Co Has Cut Its Position in Disney Walt Co Com Disney (DIS) as Market Valuation Rose

November 10, 2018 - By Darrin Black

The Walt Disney Company (NYSE:DIS) LogoInvestors sentiment increased to 1.23 in Q2 2018. Its up 0.19, from 1.04 in 2018Q1. It is positive, as 51 investors sold DIS shares while 573 reduced holdings. 146 funds opened positions while 620 raised stakes. 976.63 million shares or 7.70% more from 906.82 million shares in 2018Q1 were reported. Northern Tru Corp holds 0.54% or 20.37M shares. National Bank Hapoalim Bm holds 0.08% of its portfolio in The Walt Disney Company (NYSE:DIS) for 2,905 shares. Baskin Fincl Svcs invested in 2.75% or 140,011 shares. Citigroup reported 0.11% of its portfolio in The Walt Disney Company (NYSE:DIS). Moreover, Lumina Fund Management Limited Liability Corp has 0.98% invested in The Walt Disney Company (NYSE:DIS) for 93,300 shares. Sheets Smith Wealth Mgmt invested in 0.17% or 6,830 shares. Cadinha Limited Com reported 4,935 shares stake. Snow Cap Management Limited Partnership invested in 435,544 shares or 2.1% of the stock. Alpha Windward Lc invested in 7,829 shares or 0.51% of the stock. Rowland Company Invest Counsel Adv holds 0% or 1,248 shares. Wg Shaheen Associates Dba Whitney Company holds 2,145 shares. Chesapeake Asset Mngmt has invested 1.2% of its portfolio in The Walt Disney Company (NYSE:DIS). Comerica Bankshares holds 0.38% or 497,479 shares. Georgia-based Zwj Invest Counsel has invested 0.05% in The Walt Disney Company (NYSE:DIS). Qs Lc holds 61,520 shares or 0.06% of its portfolio.

Since July 2, 2018, it had 0 insider buys, and 3 insider sales for $15.23 million activity. 140,638 shares were sold by BRAVERMAN ALAN N, worth $15.05M on Wednesday, July 11.

Whittier Trust Co decreased its stake in Disney Walt Co Com Disney (DIS) by 28.89% based on its latest 2018Q2 regulatory filing with the SEC. Whittier Trust Co sold 78,790 shares as the company’s stock rose 2.96% with the market. The institutional investor held 193,969 shares of the television services company at the end of 2018Q2, valued at $16.63 million, down from 272,759 at the end of the previous reported quarter. Whittier Trust Co who had been investing in Disney Walt Co Com Disney for a number of months, seems to be less bullish one the $175.49 billion market cap company. The stock increased 1.72% or $2 during the last trading session, reaching $118. About 16.88M shares traded or 139.36% up from the average. The Walt Disney Company (NYSE:DIS) has risen 11.82% since November 10, 2017 and is uptrending. It has underperformed by 3.80% the S&P500.

Whittier Trust Co, which manages about $2.00B US Long portfolio, upped its stake in Grainger W W Inc Com (NYSE:GWW) by 14,780 shares to 14,829 shares, valued at $3.77M in 2018Q2, according to the filing. It also increased its holding in Fifth Third Bancorp Com (NASDAQ:FITB) by 169,551 shares in the quarter, for a total of 171,498 shares, and has risen its stake in Target Corp Com (NYSE:TGT).

More notable recent The Walt Disney Company (NYSE:DIS) news were published by: Bizjournals.com which released: “Disney construction permit hints at work on future River Country-area resort” on October 30, 2018, also Fool.com with their article: “Profits Don’t Matter for Disney’s Streaming Services” published on October 31, 2018, Seekingalpha.com published: “Disney: There Is Still Time, Investors Act Now” on October 24, 2018. More interesting news about The Walt Disney Company (NYSE:DIS) were released by: Nasdaq.com and their article: “Is Now the Perfect Time to Buy Disney Stock?” published on November 08, 2018 as well as Seekingalpha.com‘s news article titled: “Outside casinos face tough path in Florida” with publication date: November 07, 2018.

The Walt Disney Company (NYSE:DIS) Ratings Coverage

Among 8 analysts covering Walt Disney (NYSE:DIS), 2 have Buy rating, 1 Sell and 5 Hold. Therefore 25% are positive. Walt Disney has $135 highest and $10200 lowest target. $117.14’s average target is -0.73% below currents $118 stock price. Walt Disney had 8 analyst reports since May 29, 2018 according to SRatingsIntel. The stock has “Neutral” rating by FBR Capital on Wednesday, August 8. As per Tuesday, May 29, the company rating was maintained by Bernstein. The firm has “Sell” rating given on Monday, June 18 by Pivotal Research. The rating was maintained by Morgan Stanley with “Overweight” on Monday, October 15. Barclays Capital upgraded The Walt Disney Company (NYSE:DIS) rating on Friday, October 19. Barclays Capital has “Overweight” rating and $130 target. BMO Capital Markets maintained the shares of DIS in report on Wednesday, August 8 with “Market Perform” rating.

The Walt Disney Company (NYSE:DIS) Institutional Positions Chart

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