As Ares Coml Real Estate (ACRE) Share Price Rose, Telemus Capital Lifted Holding by $411,300; Monetta Financial Services Cut Its Stake in Disney Walt Co (DIS) by $700,000

June 4, 2018 - By Louis Casey

The Walt Disney Company (NYSE:DIS) Logo

Monetta Financial Services Inc decreased its stake in Disney Walt Co (DIS) by 23.33% based on its latest 2018Q1 regulatory filing with the SEC. Monetta Financial Services Inc sold 7,000 shares as the company’s stock declined 6.93% with the market. The institutional investor held 23,000 shares of the television services company at the end of 2018Q1, valued at $2.31 million, down from 30,000 at the end of the previous reported quarter. Monetta Financial Services Inc who had been investing in Disney Walt Co for a number of months, seems to be less bullish one the $148.10 billion market cap company. The stock decreased 0.11% or $0.11 during the last trading session, reaching $99.36. About 6.85 million shares traded. The Walt Disney Company (NYSE:DIS) has declined 4.73% since June 4, 2017 and is downtrending. It has underperformed by 17.30% the S&P500.

Telemus Capital Llc increased its stake in Ares Coml Real Estate Corp (ACRE) by 6.59% based on its latest 2018Q1 regulatory filing with the SEC. Telemus Capital Llc bought 34,275 shares as the company’s stock rose 7.97% while stock markets declined. The institutional investor held 554,125 shares of the real estate investment trusts company at the end of 2018Q1, valued at $6.84M, up from 519,850 at the end of the previous reported quarter. Telemus Capital Llc who had been investing in Ares Coml Real Estate Corp for a number of months, seems to be bullish on the $393.69M market cap company. It closed at $13.82 lastly. It is down 4.19% since June 4, 2017 and is uptrending. It has underperformed by 8.38% the S&P500.

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

Investors sentiment increased to 1.04 in 2018 Q1. Its up 0.14, from 0.9 in 2017Q4. It improved, as 81 investors sold DIS shares while 615 reduced holdings. 121 funds opened positions while 606 raised stakes. 906.82 million shares or 1.20% more from 896.07 million shares in 2017Q4 were reported. Hgk Asset Management Inc owns 6,823 shares or 0.1% of their US portfolio. Amg National Tru Bankshares reported 12,215 shares. Finemark Comml Bank & Tru has invested 0.28% in The Walt Disney Company (NYSE:DIS). Pekin Singer Strauss Asset Il reported 11,178 shares. Hirtle Callaghan Limited Liability Corporation has invested 0% of its portfolio in The Walt Disney Company (NYSE:DIS). Premier Asset Management has 6,307 shares for 0.14% of their portfolio. Hilltop Holding reported 2,179 shares. Fayez Sarofim Com holds 1.02% in The Walt Disney Company (NYSE:DIS) or 1.87 million shares. Moreover, Louisiana State Employees Retirement System has 0.42% invested in The Walt Disney Company (NYSE:DIS) for 91,800 shares. Middleton And Ma holds 16,666 shares. Welch Grp Ltd Liability Com, Alabama-based fund reported 3,381 shares. Somerville Kurt F owns 0.05% invested in The Walt Disney Company (NYSE:DIS) for 2,265 shares. Hartline, Illinois-based fund reported 34,050 shares. Valicenti Advisory Services Incorporated stated it has 2,374 shares. Glenmede Communications Na owns 367,518 shares.

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 157 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Sell” on Wednesday, August 9. On Friday, November 10 the stock rating was maintained by Loop Capital with “Hold”. Guggenheim maintained the stock with “Buy” rating in Wednesday, April 12 report. GBH Insights maintained the shares of DIS in report on Wednesday, February 7 with “Buy” rating. Evercore upgraded it to “Buy” rating and $120 target in Tuesday, January 3 report. The rating was maintained by CLSA with “Outperform” on Friday, September 23. Drexel Hamilton initiated The Walt Disney Company (NYSE:DIS) on Thursday, January 14 with “Buy” rating. Argus Research maintained The Walt Disney Company (NYSE:DIS) rating on Monday, November 9. Argus Research has “Buy” rating and $129 target. Cowen & Co maintained The Walt Disney Company (NYSE:DIS) rating on Friday, July 7. Cowen & Co has “Hold” rating and $9500 target. The rating was maintained by Piper Jaffray with “Buy” on Wednesday, November 22.

Monetta Financial Services Inc, which manages about $190.92 million and $187.00 million US Long portfolio, upped its stake in Spdr S&P 500 Etf Tr (SPY) by 10,000 shares to 65,000 shares, valued at $17.11 million in 2018Q1, according to the filing.

More notable recent The Walt Disney Company (NYSE:DIS) news were published by: Bizjournals.com which released: “Disney theme parks in Orlando, worldwide post strong Q2” on May 08, 2018, also Thestreet.com with their article: “Disney Is Facing a Brutal Reality” published on May 08, 2018, Seekingalpha.com published: “Disney backs off weekend forecast for ‘Solo'” on May 25, 2018. More interesting news about The Walt Disney Company (NYSE:DIS) were released by: Seekingalpha.com and their article: “‘Solo’ struggles at the box office” published on May 28, 2018 as well as Seekingalpha.com‘s news article titled: “ABC cancels hit ‘Roseanne’ after star’s tweet; DIS -2.6%” with publication date: May 29, 2018.

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 12.55 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.

Another recent and important Ares Commercial Real Estate Corporation (NYSE:ACRE) news was published by Stockhouse.com which published an article titled: “Ares Commercial Real Estate Corporation to Present on a Panel at the Keefe, Bruyette & Woods 2018 Mortgage …” on May 23, 2018.

Telemus Capital Llc, which manages about $2.42 billion and $1.25 billion US Long portfolio, decreased its stake in Spdr Series Trust (SDY) by 54,338 shares to 47,089 shares, valued at $4.29M in 2018Q1, according to the filing. It also reduced its holding in Mid Amer Apt Cmntys Inc (NYSE:MAA) by 6,022 shares in the quarter, leaving it with 10,019 shares, and cut its stake in American Airls Group Inc (NASDAQ:AAL).

Since March 7, 2018, it had 1 insider buy, and 0 selling transactions for $156,701 activity.

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