Bp Wealth Management Has Decreased Its Walt Disney (DIS) Stake as Share Value Declined; Lendingclub (LC) Shares Rose While Foundation Capital Has Trimmed Stake by $31.31 Million

February 21, 2018 - By Ellis Scott

Foundation Capital Llc decreased its stake in Lendingclub Corporation (LC) by 23.88% based on its latest 2017Q3 regulatory filing with the SEC. Foundation Capital Llc sold 5.22 million shares as the company’s stock rose 0.53% with the market. The institutional investor held 16.63 million shares of the consumer services company at the end of 2017Q3, valued at $101.29M, down from 21.85 million at the end of the previous reported quarter. Foundation Capital Llc who had been investing in Lendingclub Corporation for a number of months, seems to be less bullish one the $1.61 billion market cap company. The stock decreased 6.30% or $0.26 during the last trading session, reaching $3.87. About 3.10 million shares traded. LendingClub Corporation (NYSE:LC) has risen 52.97% since February 21, 2017 and is uptrending. It has outperformed by 36.27% the S&P500.

Bp Wealth Management Llc decreased its stake in Walt Disney (DIS) by 3.12% based on its latest 2017Q3 regulatory filing with the SEC. Bp Wealth Management Llc sold 7,847 shares as the company’s stock declined 2.31% while stock markets rallied. The institutional investor held 243,521 shares of the television services company at the end of 2017Q3, valued at $24.00M, down from 251,368 at the end of the previous reported quarter. Bp Wealth Management Llc who had been investing in Walt Disney for a number of months, seems to be less bullish one the $159.72 billion market cap company. The stock increased 0.23% or $0.24 during the last trading session, reaching $106.22. About 333,491 shares traded. The Walt Disney Company (NYSE:DIS) has risen 9.26% since February 21, 2017 and is uptrending. It has underperformed by 7.44% the S&P500.

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.20, from 1.09 in 2017Q2. It turned negative, as 90 investors sold DIS shares while 649 reduced holdings. 95 funds opened positions while 563 raised stakes. 898.84 million shares or 2.35% less from 920.44 million shares in 2017Q2 were reported. Kj Harrison Prns Inc holds 15,133 shares or 0.51% of its portfolio. Parsec Financial Management stated it has 166,678 shares or 1.19% of all its holdings. Fisher Asset Mgmt Ltd Llc holds 0.62% or 4.47M shares. Wealthtrust Axiom Ltd Com holds 0.28% or 7,522 shares. Malaga Cove Cap Ltd Limited Liability Company holds 0.08% in The Walt Disney Company (NYSE:DIS) or 1,401 shares. Noesis Cap Mangement owns 87,930 shares. Country Trust Bancorporation has invested 0.73% in The Walt Disney Company (NYSE:DIS). Willingdon Wealth, a North Carolina-based fund reported 29,946 shares. Northwestern Mutual Wealth holds 0.11% or 160,028 shares. Regions stated it has 0.29% in The Walt Disney Company (NYSE:DIS). 23,045 are held by Hills Bancorp Co. Inv Advisors Limited Com owns 33,910 shares for 0.23% of their portfolio. Umb Bancshares N A Mo reported 223,553 shares stake. Moreover, Iat Reinsurance has 0.28% invested in The Walt Disney Company (NYSE:DIS). Cypress Capital Mgmt Ltd has invested 0.31% of its portfolio in The Walt Disney Company (NYSE:DIS).

Analysts await The Walt Disney Company (NYSE:DIS) to report earnings on May, 8. They expect $1.68 earnings per share, up 12.00% or $0.18 from last year’s $1.5 per share. DIS’s profit will be $2.53B for 15.81 P/E if the $1.68 EPS becomes a reality. After $1.89 actual earnings per share reported by The Walt Disney Company for the previous quarter, Wall Street now forecasts -11.11% negative EPS growth.

Among 39 analysts covering The Walt Disney Company (NYSE:DIS), 23 have Buy rating, 3 Sell and 13 Hold. Therefore 59% are positive. The Walt Disney Company had 152 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of The Walt Disney Company (NYSE:DIS) has “Equal Weight” rating given on Friday, November 11 by Barclays Capital. GBH Insights maintained The Walt Disney Company (NYSE:DIS) rating on Wednesday, February 7. GBH Insights has “Buy” rating and $120.0 target. The rating was maintained by Bank of America on Friday, September 8 with “Buy”. Cowen & Co maintained The Walt Disney Company (NYSE:DIS) on Tuesday, August 25 with “Hold” rating. On Wednesday, November 22 the stock rating was maintained by Piper Jaffray with “Buy”. The rating was downgraded by Pivotal Research to “Hold” on Friday, November 11. The firm has “Hold” rating by Stifel Nicolaus given on Wednesday, July 20. Credit Suisse maintained The Walt Disney Company (NYSE:DIS) on Tuesday, August 11 with “Outperform” rating. Goldman Sachs maintained it with “Buy” rating and $134 target in Thursday, May 11 report. The company was maintained on Friday, November 10 by RBC Capital Markets.

Bp Wealth Management Llc, which manages about $4.49B and $2.60B US Long portfolio, upped its stake in Copart Inc (NASDAQ:CPRT) by 28,487 shares to 51,575 shares, valued at $1.77 million in 2017Q3, according to the filing. It also increased its holding in Starbucks (NASDAQ:SBUX) by 48,447 shares in the quarter, for a total of 424,314 shares, and has risen its stake in Netflix (NASDAQ:NFLX).

Among 25 analysts covering LendingClub Corporation (NYSE:LC), 7 have Buy rating, 0 Sell and 18 Hold. Therefore 28% are positive. LendingClub Corporation had 64 analyst reports since July 31, 2015 according to SRatingsIntel. FBR Capital initiated LendingClub Corporation (NYSE:LC) on Wednesday, September 2 with “Outperform” rating. The firm earned “Equal-Weight” rating on Tuesday, May 31 by Morgan Stanley. Maxim Group maintained LendingClub Corporation (NYSE:LC) on Tuesday, February 20 with “Buy” rating. The rating was maintained by Morgan Stanley on Wednesday, November 8 with “Overweight”. The stock of LendingClub Corporation (NYSE:LC) earned “Hold” rating by Canaccord Genuity on Sunday, November 5. The stock has “Mkt Perform” rating by Bruyette & Woods” on Wednesday, August 12. The firm has “Neutral” rating by Guggenheim given on Tuesday, May 10. On Tuesday, August 9 the stock rating was maintained by Credit Suisse with “Neutral”. Guggenheim initiated the stock with “Buy” rating in Tuesday, October 6 report. The rating was upgraded by Oppenheimer on Thursday, August 3 to “Buy”.

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