As Disney Walt (DIS) Share Value Declined, Holder Connors Investor Services Has Lifted Position; Bruni J V & Company Lifted Hanesbrands (HBI) Position by $1.94 Million

February 25, 2018 - By Ellis Scott

Connors Investor Services Inc increased its stake in Disney Walt (DIS) by 4.33% based on its latest 2017Q3 regulatory filing with the SEC. Connors Investor Services Inc bought 4,505 shares as the company’s stock declined 2.31% while stock markets rallied. The institutional investor held 108,583 shares of the television services company at the end of 2017Q3, valued at $10.67M, up from 104,078 at the end of the previous reported quarter. Connors Investor Services Inc who had been investing in Disney Walt for a number of months, seems to be bullish on the $161.27 billion market cap company. The stock increased 1.91% or $2.01 during the last trading session, reaching $107.25. About 6.10M shares traded. The Walt Disney Company (NYSE:DIS) has risen 9.26% since February 25, 2017 and is uptrending. It has underperformed by 7.44% the S&P500.

Bruni J V & Company increased its stake in Hanesbrands Inc (HBI) by 14.49% based on its latest 2017Q3 regulatory filing with the SEC. Bruni J V & Company bought 80,912 shares as the company’s stock declined 1.43% while stock markets rallied. The institutional investor held 639,422 shares of the clothing and shoe and accessory stores company at the end of 2017Q3, valued at $15.76 million, up from 558,510 at the end of the previous reported quarter. Bruni J V & Company who had been investing in Hanesbrands Inc for a number of months, seems to be bullish on the $7.18 billion market cap company. The stock decreased 0.94% or $0.19 during the last trading session, reaching $19.94. About 4.03M shares traded. Hanesbrands Inc. (NYSE:HBI) has declined 23.23% since February 25, 2017 and is downtrending. It has underperformed by 39.93% the S&P500.

Connors Investor Services Inc, which manages about $522.13M and $662.99M US Long portfolio, decreased its stake in Abbvie (NYSE:ABBV) by 63,935 shares to 77,336 shares, valued at $6.87 million in 2017Q3, according to the filing. It also reduced its holding in Raytheon (NYSE:RTN) by 40,500 shares in the quarter, leaving it with 15,313 shares, and cut its stake in Chubb (NYSE:CB).

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.20, from 1.09 in 2017Q2. It is 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. Davis R M Inc reported 341,051 shares. 5,550 were reported by Van Cleef Asset Managementinc. Riverpark Mgmt Limited Liability Company accumulated 277,616 shares or 3.56% of the stock. Parametrica Mgmt accumulated 5,512 shares. Sii Investments Wi, Wisconsin-based fund reported 41,654 shares. Capital Ca, a California-based fund reported 20,540 shares. Sequoia Ltd Liability Com owns 11,672 shares for 0.14% of their portfolio. Alethea Cap Management Ltd Liability reported 0.43% stake. Westend Ltd Llc has invested 4.11% in The Walt Disney Company (NYSE:DIS). Bryn Mawr Com reported 50,603 shares. Dodge And Cox invested 0% in The Walt Disney Company (NYSE:DIS). Eastern Bancorp holds 0.96% of its portfolio in The Walt Disney Company (NYSE:DIS) for 138,039 shares. Amica Mutual accumulated 73,241 shares. Cetera Advisor Netwr Limited Liability stated it has 57,053 shares or 0.26% of all its holdings. Lincoln Cap Limited Liability Company has 76,946 shares.

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 has “Buy” rating by Nomura on Tuesday, April 26. The rating was downgraded by Wells Fargo on Tuesday, August 25 to “Hold”. The company was upgraded on Monday, April 18 by Pivotal Research. The stock of The Walt Disney Company (NYSE:DIS) earned “Equalweight” rating by Morgan Stanley on Thursday, July 14. The stock has “Hold” rating by Cowen & Co on Tuesday, August 25. The rating was upgraded by Macquarie Research on Tuesday, January 2 to “Outperform”. The stock of The Walt Disney Company (NYSE:DIS) has “Buy” rating given on Tuesday, October 31 by Piper Jaffray. The rating was maintained by Needham with “Hold” on Wednesday, April 26. CLSA initiated it with “Outperform” rating and $114 target in Wednesday, September 2 report. Bank of America maintained the stock with “Hold” rating in Friday, June 23 report.

Among 19 analysts covering Hanesbrands (NYSE:HBI), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Hanesbrands had 57 analyst reports since September 17, 2015 according to SRatingsIntel. The stock of Hanesbrands Inc. (NYSE:HBI) earned “Neutral” rating by Citigroup on Tuesday, December 19. Barclays Capital maintained Hanesbrands Inc. (NYSE:HBI) rating on Thursday, November 2. Barclays Capital has “Overweight” rating and $26 target. Oppenheimer downgraded Hanesbrands Inc. (NYSE:HBI) on Tuesday, October 24 to “Perform” rating. Nomura upgraded the stock to “Buy” rating in Monday, January 11 report. The firm earned “Market Perform” rating on Wednesday, October 12 by Cowen & Co. The rating was maintained by Wells Fargo with “Market Perform” on Friday, February 9. The rating was maintained by Buckingham Research on Thursday, November 2 with “Buy”. The stock has “Buy” rating by Buckingham Research on Monday, July 17. The company was maintained on Thursday, November 2 by Stifel Nicolaus. The firm has “Neutral” rating by Citigroup given on Friday, February 9.

Bruni J V & Company, which manages about $542.07 million and $524.57 million US Long portfolio, decreased its stake in Ryman Hospitality Pptys Inc (NYSE:RHP) by 7,846 shares to 541,989 shares, valued at $33.87M in 2017Q3, according to the filing. It also reduced its holding in Qualcomm Inc (NASDAQ:QCOM) by 6,788 shares in the quarter, leaving it with 377,175 shares, and cut its stake in Express Scripts Hldg Co (NASDAQ:ESRX).

Since August 28, 2017, it had 0 insider purchases, and 1 sale for $1.07 million activity. The insider Upchurch W Howard Jr sold $1.07 million.

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