Disney Stock Trends: Major Holdings, Sales, and Analyst Outlook
Recent reports indicate significant fluctuations in Disney's stock holdings among major investors. MassMutual Private Wealth & Trust sold approximately 7,755 Disney shares in Q2, reducing its stake by 13.4% to about 50,006 shares worth over $6 million. Swedbank AB decreased its Disney holdings slightly by 0.8%, owning around 3.33 million shares valued at approximately $329 million. Conversely, Quintet Private Bank Europe S.A. reduced its Disney stake by 13.6%, holding 597,562 shares valued at roughly $74 million. Other institutional investors, including MJT & Associates and Mpwm Advisory Solutions, have recently initiated new positions in Disney, indicating ongoing interest from hedge funds. Disney's stock recently traded at $115.98, up by $0.75, with a market cap of approximately $208.5 billion. The stock's recent earnings report showed a quarterly EPS of $1.61, beating estimates, with revenue at $23.65 billion. Analysts maintain a moderate buy rating with an average target price of $131.18. Disney operates through segments such as Entertainment, Sports, and Experiences, producing content across various networks and studios. Despite some recent sales, Disney's stock remains within a 12-month high range of $124.69 and a low of $80.10. Market analysts suggest that while Disney's stock is stable, top analysts are recommending other stocks as better investment opportunities, and Disney is not currently among their top picks.
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