Investment management firms are actively adjusting their shareholdings in
The Walt Disney Company (NYSE:DIS). Companies such as
Grimes & Company Inc., WoodTrust Financial Corp, Investment Research & Advisory Group Inc., and
Kathmere Capital Management LLC are increasing their stock positions, while some others like
Saratoga Research & Investment Management, OneAscent Financial Services LLC, and
Trivant Custom Portfolio Group LLC are reducing their DIS stake. The company's recent performance is under scrutiny as it underperformed in the market compared with competitors. However,
long-term profitability of Disney's
streaming segment is reaching maturity. Market sentiment towards DIS stock continues to be strong with increased investor interest, and many investors are considering purchasing Disney stock despite recent downtrends. The
institutional ownership remains high at
70%, marking confidence from major investors. Also, Disney's renowned projects continue to make impact on financial results such as the movie '
Inside Out 2' crossing
$500 Million in revenue. Evaluation of the company's
intrinsic value and
fundamentals suggests mixed outcomes and the company's
EPS estimates for Q3 2024 have been increased.
The Walt Disney Company DIS News Analytics from Thu, 30 Nov 2023 08:00:00 GMT to Sun, 30 Jun 2024 16:50:38 GMT -
Rating 2
- Innovation -3
- Information 7
- Rumor -4
