Capital Guardian Trust Company Has Trimmed Stake in Verisign (VRSN) by $307,506 as Shares Rose; Walt Disney Co (DIS) Holder World Asset Management Has Boosted Its Holding by $674,142 as Stock Declined

January 14, 2018 - By Evgen Dobrzhanskiy

World Asset Management Inc increased its stake in Walt Disney Co (DIS) by 4.82% based on its latest 2017Q3 regulatory filing with the SEC. World Asset Management Inc bought 6,879 shares as the company’s stock declined 2.31% while stock markets rallied. The institutional investor held 149,455 shares of the television services company at the end of 2017Q3, valued at $14.73 million, up from 142,576 at the end of the previous reported quarter. World Asset Management Inc who had been investing in Walt Disney Co for a number of months, seems to be bullish on the $169.52 billion market cap company. The stock increased 1.33% or $1.48 during the last trading session, reaching $112.47. About 5.90M shares traded. The Walt Disney Company (NYSE:DIS) has risen 9.26% since January 14, 2017 and is uptrending. It has underperformed by 7.44% the S&P500.

Capital Guardian Trust Company decreased its stake in Verisign Inc (VRSN) by 1.76% based on its latest 2017Q3 regulatory filing with the SEC. Capital Guardian Trust Company sold 2,901 shares as the company’s stock rose 8.37% with the market. The institutional investor held 162,309 shares of the technology company at the end of 2017Q3, valued at $17.27M, down from 165,210 at the end of the previous reported quarter. Capital Guardian Trust Company who had been investing in Verisign Inc for a number of months, seems to be less bullish one the $11.20B market cap company. The stock increased 1.23% or $1.38 during the last trading session, reaching $113.61. About 648,675 shares traded. VeriSign, Inc. (NASDAQ:VRSN) has risen 7.59% since January 14, 2017 and is uptrending. It has underperformed by 9.11% the S&P500.

Among 38 analysts covering The Walt Disney Company (NYSE:DIS), 22 have Buy rating, 3 Sell and 13 Hold. Therefore 58% are positive. The Walt Disney Company had 145 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Credit Suisse on Monday, July 24 with “Buy”. BMO Capital Markets maintained The Walt Disney Company (NYSE:DIS) rating on Wednesday, November 22. BMO Capital Markets has “Sell” rating and $90.0 target. On Monday, April 24 the stock rating was downgraded by Loop Capital to “Hold”. The firm has “Buy” rating given on Thursday, November 19 by Topeka Capital Markets. Pivotal Research downgraded it to “Hold” rating and $102 target in Friday, November 11 report. Credit Suisse maintained the shares of DIS in report on Tuesday, August 11 with “Outperform” rating. RBC Capital Markets maintained The Walt Disney Company (NYSE:DIS) rating on Monday, August 3. RBC Capital Markets has “Outperform” rating and $130 target. The firm earned “Hold” rating on Wednesday, July 20 by Stifel Nicolaus. As per Sunday, September 24, the company rating was maintained by Piper Jaffray. The stock of The Walt Disney Company (NYSE:DIS) earned “Buy” rating by J.P. Morgan on Friday, September 8.

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.20, from 1.09 in 2017Q2. It worsened, 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. Bankshares Of Montreal Can has 1.79M shares for 0.16% of their portfolio. Parametrica Management Limited accumulated 5,512 shares. Moreover, Moody National Bank & Trust Trust Division has 0.08% invested in The Walt Disney Company (NYSE:DIS). 4,124 are held by Diversified Tru. Stock Yards Bancorp & Tru has 119,482 shares for 1.38% of their portfolio. Dynamic Advsrs Solutions Limited Liability Corp reported 20,066 shares or 0.78% of all its holdings. New England Research And Management invested 1.35% in The Walt Disney Company (NYSE:DIS). Moreover, Gulf Intll Financial Bank (Uk) Ltd has 0.66% invested in The Walt Disney Company (NYSE:DIS). Moreover, Buckingham Mngmt has 1.34% invested in The Walt Disney Company (NYSE:DIS). Stillwater Investment Limited Liability Corp reported 19,141 shares. Empirical Svcs Limited Liability Corp stated it has 4,481 shares or 0.1% of all its holdings. Security National Trust Co holds 40,608 shares. Adams Diversified Equity Fund reported 117,000 shares stake. Edgewood Management Limited Com has 0% invested in The Walt Disney Company (NYSE:DIS) for 2,600 shares. Andra Ap holds 0.25% in The Walt Disney Company (NYSE:DIS) or 106,596 shares.

World Asset Management Inc, which manages about $17.12 billion and $3.02 billion US Long portfolio, decreased its stake in Citigroup Inc Com New Com New (NYSE:C) by 5,287 shares to 246,375 shares, valued at $17.92 million in 2017Q3, according to the filing. It also reduced its holding in Mfc Ishares Core S&P Total U.S (ITOT) by 45,785 shares in the quarter, leaving it with 12,900 shares, and cut its stake in Delta Air Lines Inc Del Com Ne (NYSE:DAL).

Investors sentiment decreased to 0 in 2017 Q3. Its down 0.09, from 0.09 in 2017Q2. It dropped, as 35 investors sold VRSN shares while 3 reduced holdings. 0 funds opened positions while 0 raised stakes. 39.56 million shares or 15.68% less from 46.92 million shares in 2017Q2 were reported. 202,000 are held by Penn Cap. Bank Of Mellon holds 0% of its portfolio in VeriSign, Inc. (NASDAQ:VRSN) for 650,000 shares. Bank Of Nova Scotia holds 0.1% of its portfolio in VeriSign, Inc. (NASDAQ:VRSN) for 5.56 million shares. State Street stated it has 0.01% in VeriSign, Inc. (NASDAQ:VRSN).

Analysts await VeriSign, Inc. (NASDAQ:VRSN) to report earnings on February, 8. They expect $0.89 EPS, up 5.95% or $0.05 from last year’s $0.84 per share. VRSN’s profit will be $87.73 million for 31.91 P/E if the $0.89 EPS becomes a reality. After $0.89 actual EPS reported by VeriSign, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 6 analysts covering VeriSign (NASDAQ:VRSN), 1 have Buy rating, 2 Sell and 3 Hold. Therefore 17% are positive. VeriSign had 15 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, October 26 by Robert W. Baird. As per Friday, October 6, the company rating was maintained by Robert W. Baird. The firm has “Sell” rating given on Tuesday, January 5 by Citigroup. The company was maintained on Monday, July 27 by Topeka Capital Markets. The firm has “Neutral” rating by Citigroup given on Friday, October 27. Cowen & Co maintained it with “Hold” rating and $103.0 target in Friday, October 27 report. On Wednesday, April 12 the stock rating was upgraded by Citigroup to “Neutral”. The company was maintained on Thursday, August 31 by Robert W. Baird. The rating was maintained by Cowen & Co with “Hold” on Friday, October 2.

Since August 1, 2017, it had 0 insider buys, and 2 sales for $275,145 activity. TOMLINSON TIMOTHY had sold 1,240 shares worth $125,240.

Capital Guardian Trust Company, which manages about $5.75B US Long portfolio, upped its stake in Jpmorgan Chase And Co (NYSE:JPM) by 75,021 shares to 728,302 shares, valued at $69.56 million in 2017Q3, according to the filing. It also increased its holding in Bank Of New York Mellon Corp (NYSE:BK) by 595,275 shares in the quarter, for a total of 1.02M shares, and has risen its stake in Ultragenyx Pharmaceutical Inc (NASDAQ:RARE).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts