Credit Suisse Group Reiterates "Outperform" Rating for Walt Disney Company (The) (DIS)

Isaac Cain
August 12, 2017

Sumitomo Mitsui Financial Group Inc. bought a new stake in Walt Disney Company (The) during the first quarter worth about $144,000. Cordasco Financial Network now owns 1,549 shares of the entertainment giant's stock valued at $176,000 after buying an additional 37 shares during the period. Kidder Stephen W has invested 0.14% in Walt Disney Co (NYSE:DIS). The stock rose 0.75% or $0.76 reaching $102.11. 2,093,120 shares of the stock traded hands.

The Walt Disney Company is an entertainment company. It has underperformed by 4.22% the S&P500.

According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $52.23 on company shares. Facebook had 160 analyst reports since July 21, 2015 according to SRatingsIntel. Vetr has "Buy" rating and $125.34 target. Goldman Sachs Bdc Inc was reduced too. The firm has "Buy" rating by Axiom Capital given on Tuesday, July 28. The stock of Arlington Asset Investment Corp (NYSE:AI) earned "Equalweight" rating by Barclays Capital on Thursday, May 12.

On May 17, 2017 the stock rating was rated "Neutral" by Macquarie which is down from the previous "Neutral" rating. The stock of Walt Disney Co (NYSE:DIS) earned "Sell" rating by Pivotal Research on Wednesday, August 9. The company was maintained on Friday, April 7 by FBR Capital.

Mobileye engaged in the development of computer vision and machine learning sensing, mapping and driving policy technology for advanced driver assistance systems and autonomous driving technologies. This company shares are 15.55% off its target price of $117.11 and the current market capitalization stands at $160.71B. The Firm operates through two divisions: Original Equipment Manufacturing, which supplies the software algorithms and EyeQ chip, and After Market, which sells a complete system, which includes its software algorithms and EyeQ chip, as well as the camera and other necessary components. It has a 1.55 P/E ratio. The Company's software algorithms and EyeQ chips perform detailed interpretations of the visual field in order to anticipate possible collisions with other vehicles, pedestrians, cyclists, animals, debris and other obstacles. The shares price go down so far this year; showing a decline of -2.75% and dropped with negative flow of -7.12% during recent week. Facebook Inc (NASDAQ:FB) has risen 26.75% since August 11, 2016 and is uptrending. Northwest Inv Counselors Lc invested in 1.06% or 20,001 shares. Following the completion of the sale, the director now owns 48,673 shares in the company, valued at $5,306,330.46.

Investors sentiment decreased to 1.25 in 2016 Q4. The stock's short float is around of 0.96% and short ratio is 1.93. Giving some intention to the performance of firm, its weekly performance was -5.37% and month's performance was calculated as -0.97%.

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Walt Disney Company (The) (NYSE:DIS) last posted its earnings results on Tuesday, August 8th.

Shares of Walt Disney Company (NYSE DIS) opened at 101.99 on Wednesday. Arizona-based Mutual Of Omaha Savings Bank Wealth Mgmt has invested 0.17% in Walt Disney Co (NYSE:DIS). Segall Bryant Hamill Ltd reported 266,245 shares. Conning Incorporated, Connecticut-based fund reported 48,687 shares. 4,668 were reported by Apriem Advsrs. Paw Capital holds 1.95% or 15,000 shares in its portfolio. Beaumont Financial Partners LLC boosted its stake in Walt Disney Company (The) by 33.9% in the first quarter. Barrett Asset Management Ltd has 344,379 shares. Hudson Canyon Investment Counselors Limited Liability Company accumulated 14,616 shares. Adirondack Tru owns 18,264 shares for 1.33% of their portfolio. 385,060 are owned by Menora Mivtachim Ltd. Bainco Intll holds 1.43% or 80,935 shares in its portfolio.

Walt Disney Co's (DIS) plan to launch its own digital movie and sports services means the world's largest entertainment company must learn how to attract streaming video subscribers and keep them hooked in a highly competitive market.

Since February 21, 2017, it had 0 insider purchases, and 2 sales for $1.53 million activity. $1.32M worth of Walt Disney Co (NYSE:DIS) was sold by ARNOLD SUSAN E on Thursday, May 11.

Presently The Walt Disney Company (NYSE:DIS) stock have an ABR of 2.05. Therefore 51% are positive. As per Friday, July 7, the company rating was maintained by Cowen & Co. The correct version of this report can be read at RBC Capital Markets upgraded it to "Outperform" rating and $130 target in Friday, January 6 report. Most believe Disney needed to respond to the migration of viewers from pay-TV packages to digital options sold a la carte, a shift that has hurt the company's cash cow, ESPN. The stock of Facebook Inc (NASDAQ:FB) has "Buy" rating given on Monday, August 10 by Bank of America. As per Thursday, May 11, the company rating was maintained by Wells Fargo. Aperio Grp Limited Com holds 0.64% of its portfolio in Walt Disney Co (NYSE:DIS) for 801,949 shares. The firm has "Neutral" rating given on Wednesday, February 24 by Compass Point.

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