Sippican Capital Advisors Boosts Position in Walt Disney Co (NYSE:DIS)

Alfred Osborne
January 13, 2018

Westend Advisors Llc increased its stake in Disney Walt Co. Tweedy Browne Company Llc bought 684,179 shares as the company's stock declined 1.90% while stock markets rallied. The hedge fund run by Donald Chiboucis held 163,141 shares of the catalog and specialty distribution company at the end of 2017Q3, valued at $9.12M, up from 150,329 at the end of the previous reported quarter.

The Walt Disney Company (NYSE:DIS) reported its EPS in the last quarter as $1.07/Share lagging the analyst estimate of $1.13/Share by a difference of $-0.06. It has outperformed by 30.14% the S&P500.

Analysts have given a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 3.75%, and has a solid year to date (YTD) performance of 1.82% which means that the stock is constantly adding to its value from the previous fiscal year end price. Westend Advisors Llc who had been investing in Disney Walt Co. for a number of months, seems to be bullish on the $165.44 billion market cap company.

Shares of Walt Disney Co (NYSE:DIS) traded down $0.47 on Wednesday, hitting $109.47. 6,060,000 shares of the stock were exchanged, compared to its average volume of 9,620,000. It has underperformed by 7.49% the S&P500. Edward Jones lowered shares of Walt Disney from a "buy" rating to a "hold" rating in a research note on Friday, December 15th. Therefore 58% are positive. Total SA had 33 analyst reports since August 24, 2015 according to SRatingsIntel. The rating was initiated by Susquehanna with "Positive" on Tuesday, April 11. The rating was maintained by Piper Jaffray on Tuesday, October 31 with "Buy". As per Friday, July 24, the company rating was initiated by Lake Street. J.P. Morgan maintained the stock with "Buy" rating in Friday, September 8 report. The stock has an average rating of Hold and an average price target of $115.77. The rating was maintained by Cowen & Co with "Outperform" on Monday, August 7.

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Investors sentiment decreased to 1.28 in Q3 2017. Its down 0.20, from 1.09 in 2017Q2. Amp Cap Limited holds 908,864 shares. 61 funds opened positions while 91 raised stakes. After a recent check, it is observed that the insiders for the firm now own 0.10% shares. (NYSE:QTWO) for 25,000 shares. Acadian Asset Management Ltd Liability stated it has 1.09M shares or 0.27% of all its holdings. (NYSE:QTWO) for 194,135 shares. Wendell David invested in 0.98% or 56,315 shares. Comerica Bank has invested 0% in MRC Global Inc. (NYSE:QTWO). Moreover, Millennium Llc has 0.01% invested in Q2 Holdings, Inc. Wealthfront accumulated 0.06% or 45,449 shares. About 2.10 million shares traded. Telos Cap Mngmt owns 32,394 shares. Winch Advisory Ltd Liability owns 322 shares. It also reduced its holding in Alphabet Inc. (NYSE:QTWO) shares. Shares for $301,520 were sold by Furrer William M. The insider Schaper Carl James sold $788,200. Cornerstone Capital Mgmt Holding Limited Com reported 374,794 shares or 0.13% of all its holdings. (NYSE:QTWO). Hbk Limited Partnership, a Texas-based fund reported 6,000 shares. (NYSE:MRC). Bnp Paribas Asset Sa holds 538,785 shares.

Westend Advisors Llc, which manages about $1139.57 billion US Long portfolio, decreased its stake in Spdr Barclays Short Term (SCPB) by 64,876 shares to 192,741 shares, valued at $5.91B in 2017Q3, according to the filing. Hutchens Investment Management Inc now owns 18,146 shares of the entertainment giant's stock worth $1,950,000 after buying an additional 955 shares in the last quarter.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.24, from 1.52 in 2017Q2.

Several other institutional investors have also sold shares of the company. 95 funds opened positions while 563 raised stakes. Ajo Lp reported 2.06 million shares. Hanson Mcclain has invested 0.06% of its portfolio in The Walt Disney Company (NYSE:DIS). Laurion LP invested 0.05% in The Walt Disney Company (NYSE:DIS). Campbell Newman Asset Mngmt holds 110,704 shares or 1.95% of its portfolio. Ameritas Invest Prns reported 79,489 shares stake. Usa Fincl Portformulas has invested 0.13% in The Walt Disney Company (NYSE:DIS). Trust Com Of Virginia Va reported 108,905 shares. Oppenheimer & holds 0.41% of its portfolio in The Walt Disney Company (NYSE:DIS) for 156,424 shares. First Dallas Secs Inc holds 3,460 shares or 0.24% of its portfolio. Manufacturers Life Insurance The holds 1.51M shares.

Analyzing historical data can give some perception of how a security or market has reacted to various different variables, from regular economic cycles to sudden world events. Paloma Prtnrs Mngmt Co holds 0% or 4,103 shares in its portfolio. Drexel Hamilton downgraded The Walt Disney Company (NYSE:DIS) on Monday, September 26 to "Hold" rating. BANK OF NEW YORK MELLON CORP owned 28.07% of The Walt Disney Company (DIS) worth $2.51 billion at the end of the most recent reporting period. The firm has "Sell" rating by Pivotal Research given on Thursday, January 12. The firm has "Buy" rating given on Monday, August 14 by Jefferies. Goldman Sachs upgraded the stock to "Buy" rating in Tuesday, January 17 report. Topeka Capital Markets maintained the shares of DIS in report on Monday, February 8 with "Buy" rating. FBR Capital maintained it with "Mkt Perform" rating and $116 target in Friday, April 7 report.

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