Hartline Investment Has Cut Its Disney Walt Co (DIS) Stake by $3.55 Million; As Amgen Usd0.0001 Common Stock (AMGN) Share Value Declined, Holder Rathbone Brothers Plc Increased Stake

May 27, 2018 - By Vivian Park

The Walt Disney Company (NYSE:DIS) Logo

Hartline Investment Corp decreased its stake in Disney Walt Co (DIS) by 49.34% based on its latest 2017Q4 regulatory filing with the SEC. Hartline Investment Corp sold 33,165 shares as the company’s stock declined 8.57% with the market. The institutional investor held 34,050 shares of the television services company at the end of 2017Q4, valued at $3.66 million, down from 67,215 at the end of the previous reported quarter. Hartline Investment Corp who had been investing in Disney Walt Co for a number of months, seems to be less bullish one the $152.33 billion market cap company. The stock increased 0.09% or $0.09 during the last trading session, reaching $102.2. About 6.98 million shares traded. The Walt Disney Company (NYSE:DIS) has declined 11.59% since May 27, 2017 and is downtrending. It has underperformed by 23.14% the S&P500.

Rathbone Brothers Plc increased its stake in Amgen Inc Usd0.0001 Common Stock (AMGN) by 3.95% based on its latest 2017Q4 regulatory filing with the SEC. Rathbone Brothers Plc bought 2,128 shares as the company’s stock declined 2.99% with the market. The institutional investor held 55,999 shares of the biological products (no diagnostic substances) company at the end of 2017Q4, valued at $9.74M, up from 53,871 at the end of the previous reported quarter. Rathbone Brothers Plc who had been investing in Amgen Inc Usd0.0001 Common Stock for a number of months, seems to be bullish on the $118.71 billion market cap company. The stock increased 0.16% or $0.28 during the last trading session, reaching $178.24. About 1.55M shares traded. Amgen Inc. (NASDAQ:AMGN) has risen 3.78% since May 27, 2017 and is uptrending. It has underperformed by 7.77% the S&P500.

Hartline Investment Corp, which manages about $366.93M and $361.44 million US Long portfolio, upped its stake in Schwab Emerging Markets Equity (SCHE) by 18,109 shares to 32,394 shares, valued at $905,000 in 2017Q4, according to the filing. It also increased its holding in Pioneer Natural Resources (NYSE:PXD) by 1,777 shares in the quarter, for a total of 6,395 shares, and has risen its stake in Praxair Inc (NYSE:PX).

Investors sentiment increased to 0.9 in 2017 Q4. Its up 0.01, from 0.89 in 2017Q3. It is positive, as 58 investors sold DIS shares while 690 reduced holdings. 162 funds opened positions while 508 raised stakes. 896.07 million shares or 0.31% less from 898.84 million shares in 2017Q3 were reported. Hm Payson & Com reported 0.18% in The Walt Disney Company (NYSE:DIS). Illinois-based Advisory Rech has invested 0.01% in The Walt Disney Company (NYSE:DIS). Icon Advisers has invested 0.06% of its portfolio in The Walt Disney Company (NYSE:DIS). Shell Asset invested in 0.57% or 266,295 shares. Drw Securities Ltd Llc, a Illinois-based fund reported 21,168 shares. Lourd Ltd Llc invested in 0.08% or 11,915 shares. Stonebridge Cap Management Incorporated has invested 2.71% in The Walt Disney Company (NYSE:DIS). The Massachusetts-based Loomis Sayles Com LP has invested 0.07% in The Walt Disney Company (NYSE:DIS). Brown Advisory Limited Liability Corp, Maryland-based fund reported 27,215 shares. Stack Fin Mgmt Inc owns 172,033 shares. Ruffer Limited Liability Partnership reported 11.71% stake. Impax Asset Mgmt Ltd Co has 1.26% invested in The Walt Disney Company (NYSE:DIS). Delphi Mgmt Ma owns 22,670 shares or 1.39% of their US portfolio. Stone Ridge Asset Mngmt Lc has 33,339 shares for 0.24% of their portfolio. Lawson Kroeker Investment Management Ne invested in 124,519 shares.

More notable recent The Walt Disney Company (NYSE:DIS) news were published by: Seekingalpha.com which released: “Disney backs off weekend forecast for ‘Solo'” on May 25, 2018, also Thestreet.com with their article: “Disney Is Facing a Brutal Reality” published on May 08, 2018, Bizjournals.com published: “Jedi delight: Here’s when Disney’s Star Wars: Galaxy’s Edge land will debut” on May 23, 2018. More interesting news about The Walt Disney Company (NYSE:DIS) were released by: Seekingalpha.com and their article: “Disney: Updated Look At The Studio Division” published on May 23, 2018 as well as Seekingalpha.com‘s news article titled: “Netflix Overvalued Or Disney Undervalued?” with publication date: May 25, 2018.

Since February 26, 2018, it had 0 insider buys, and 1 insider sale for $194,780 activity.

Analysts await The Walt Disney Company (NYSE:DIS) to report earnings on August, 14. They expect $1.98 earnings per share, up 25.32% or $0.40 from last year’s $1.58 per share. DIS’s profit will be $2.95 billion for 12.90 P/E if the $1.98 EPS becomes a reality. After $1.84 actual earnings per share reported by The Walt Disney Company for the previous quarter, Wall Street now forecasts 7.61% EPS growth.

Among 39 analysts covering The Walt Disney Company (NYSE:DIS), 24 have Buy rating, 1 Sell and 14 Hold. Therefore 62% are positive. The Walt Disney Company had 156 analyst reports since July 24, 2015 according to SRatingsIntel. Drexel Hamilton downgraded The Walt Disney Company (NYSE:DIS) on Monday, September 26 to “Hold” rating. The rating was maintained by Credit Suisse on Monday, July 24 with “Buy”. The stock of The Walt Disney Company (NYSE:DIS) has “Market Perform” rating given on Friday, May 26 by Wells Fargo. The stock has “Sell” rating by BMO Capital Markets on Wednesday, August 9. The stock of The Walt Disney Company (NYSE:DIS) earned “Market Perform” rating by BMO Capital Markets on Wednesday, August 5. The stock has “Buy” rating by Argus Research on Friday, August 7. The rating was maintained by Bank of America on Friday, June 23 with “Hold”. Citigroup maintained the stock with “Buy” rating in Thursday, August 11 report. FBR Capital maintained the shares of DIS in report on Wednesday, August 5 with “Outperform” rating. As per Wednesday, November 16, the company rating was upgraded by Deutsche Bank.

Rathbone Brothers Plc, which manages about $32.89B and $2.46B US Long portfolio, decreased its stake in Johnson & Johnson Usd1 Common Stock (NYSE:JNJ) by 7,805 shares to 244,310 shares, valued at $34.14M in 2017Q4, according to the filing. It also reduced its holding in Dr Pepper Snapple Group Inc Usd0.01 Common Stock (NYSE:DPS) by 3,708 shares in the quarter, leaving it with 140,431 shares, and cut its stake in Cisco Systems Inc Usd0.001 Common Stock (NASDAQ:CSCO).

Since December 12, 2017, it had 0 insider purchases, and 6 insider sales for $1.64 million activity.

More notable recent Amgen Inc. (NASDAQ:AMGN) news were published by: Nasdaq.com which released: “3 Big Pharma Stocks with Huge Future Growth Potential” on May 24, 2018, also Seekingalpha.com with their article: “Amgen to collaborate on patient-centric cancer management initiative” published on May 23, 2018, Fool.com published: “Better Buy: Amgen Inc. vs. Biogen Inc.” on May 15, 2018. More interesting news about Amgen Inc. (NASDAQ:AMGN) were released by: 247Wallst.com and their article: “Amgen Wins Another FDA Approval” published on May 22, 2018 as well as Etftrends.com‘s news article titled: “Will “Right to Try” Bill Boost Biotech ETFs?” with publication date: May 24, 2018.

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