As Disney Walt Co (DIS) Share Value Declined, Sheets Smith Wealth Management Decreased Its Holding by $993,034; As Meta Finl Group (CASH) Stock Declined, Holder Hennessy Advisors Trimmed Position by $780,000

January 23, 2018 - By Richard Conner

Sheets Smith Wealth Management decreased its stake in Disney Walt Co (DIS) by 56.71% based on its latest 2017Q3 regulatory filing with the SEC. Sheets Smith Wealth Management sold 10,133 shares as the company’s stock declined 2.31% while stock markets rallied. The institutional investor held 7,734 shares of the television services company at the end of 2017Q3, valued at $762,000, down from 17,867 at the end of the previous reported quarter. Sheets Smith Wealth Management who had been investing in Disney Walt Co for a number of months, seems to be less bullish one the $166.45B market cap company. The stock decreased 0.60% or $0.67 during the last trading session, reaching $110.43. About 6.78 million shares traded. The Walt Disney Company (NYSE:DIS) has risen 9.26% since January 23, 2017 and is uptrending. It has underperformed by 7.44% the S&P500.

Hennessy Advisors Inc decreased its stake in Meta Finl Group Inc (CASH) by 18.87% based on its latest 2017Q3 regulatory filing with the SEC. Hennessy Advisors Inc sold 10,000 shares as the company’s stock declined 3.57% while stock markets rallied. The institutional investor held 43,000 shares of the finance company at the end of 2017Q3, valued at $3.37M, down from 53,000 at the end of the previous reported quarter. Hennessy Advisors Inc who had been investing in Meta Finl Group Inc for a number of months, seems to be less bullish one the $1.02 billion market cap company. The stock increased 0.05% or $0.05 during the last trading session, reaching $105. About 31,199 shares traded. Meta Financial Group Inc (NASDAQ:CASH) has risen 72.00% since January 23, 2017 and is uptrending. It has outperformed by 55.30% the S&P500.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.20, from 1.09 in 2017Q2. It fall, 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. Highstreet Asset Mngmt invested in 0.04% or 4,520 shares. Rampart Inv Com Ltd Llc holds 17,957 shares or 0.6% of its portfolio. Midas Mngmt Corporation holds 0.83% or 16,000 shares in its portfolio. Pnc Financial Group Inc accumulated 3.60 million shares. Grantham Mayo Van Otterloo & Ltd Company holds 0.06% of its portfolio in The Walt Disney Company (NYSE:DIS) for 105,673 shares. Peoples Svcs holds 8,401 shares. Diversified Trust reported 4,124 shares. Icon Advisers Communications has 67,400 shares for 0.47% of their portfolio. Schulhoff Co Incorporated owns 3,995 shares. Brown Brothers Harriman & holds 0.03% or 55,173 shares in its portfolio. 40,438 were accumulated by Cambridge. Quantres Asset Management Limited owns 5,000 shares. Valley National Advisers, Pennsylvania-based fund reported 6,007 shares. Joel Isaacson & Co owns 0.38% invested in The Walt Disney Company (NYSE:DIS) for 20,967 shares. Parsons Cap Management Ri reported 28,538 shares.

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 firm has “Hold” rating by Cowen & Co given on Friday, July 7. The rating was upgraded by Morgan Stanley on Monday, January 30 to “Overweight”. Morgan Stanley maintained the shares of DIS in report on Tuesday, October 31 with “Overweight” rating. The stock of The Walt Disney Company (NYSE:DIS) earned “Sell” rating by BMO Capital Markets on Thursday, July 13. The firm has “Outperform” rating by Macquarie Research given on Wednesday, August 10. The stock of The Walt Disney Company (NYSE:DIS) has “Outperform” rating given on Tuesday, January 2 by Macquarie Research. The rating was maintained by Barclays Capital with “Equal-Weight” on Friday, August 14. As per Wednesday, August 5, the company rating was downgraded by BMO Capital Markets. The stock of The Walt Disney Company (NYSE:DIS) earned “Buy” rating by Drexel Hamilton on Thursday, January 14. The stock of The Walt Disney Company (NYSE:DIS) has “Equal-Weight” rating given on Friday, August 11 by Barclays Capital.

Sheets Smith Wealth Management, which manages about $700.54 million and $396.50 million US Long portfolio, upped its stake in American Vanguard Corp (NYSE:AVD) by 18,978 shares to 30,608 shares, valued at $701,000 in 2017Q3, according to the filing. It also increased its holding in Lgi Homes Inc (NASDAQ:LGIH) by 8,663 shares in the quarter, for a total of 20,156 shares, and has risen its stake in American Tower Corp New (NYSE:AMT).

Analysts await The Walt Disney Company (NYSE:DIS) to report earnings on February, 6. They expect $1.59 EPS, up 2.58% or $0.04 from last year’s $1.55 per share. DIS’s profit will be $2.40 billion for 17.36 P/E if the $1.59 EPS becomes a reality. After $1.07 actual EPS reported by The Walt Disney Company for the previous quarter, Wall Street now forecasts 48.60% EPS growth.

Since August 8, 2017, it had 0 insider purchases, and 1 insider sale for $365,349 activity.

Among 4 analysts covering Meta Financial Group (NASDAQ:CASH), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Meta Financial Group had 15 analyst reports since October 13, 2015 according to SRatingsIntel. FBR Capital initiated the shares of CASH in report on Tuesday, January 10 with “Outperform” rating. The stock has “Buy” rating by Sandler O’Neill on Tuesday, October 13. Keefe Bruyette & Woods maintained it with “Buy” rating and $88.0 target in Tuesday, October 10 report. FBR Capital maintained the stock with “Buy” rating in Thursday, November 16 report. Keefe Bruyette & Woods maintained it with “Buy” rating and $12100 target in Monday, June 26 report. Wood initiated the stock with “Outperform” rating in Thursday, April 7 report. Keefe Bruyette & Woods maintained it with “Buy” rating and $98.0 target in Thursday, December 21 report. On Wednesday, January 10 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The firm earned “Buy” rating on Tuesday, October 3 by Keefe Bruyette & Woods. FBR Capital maintained the stock with “Buy” rating in Wednesday, January 10 report.

Investors sentiment decreased to 1.12 in Q3 2017. Its down 0.38, from 1.5 in 2017Q2. It dropped, as 26 investors sold CASH shares while 42 reduced holdings. 31 funds opened positions while 45 raised stakes. 6.87 million shares or 5.51% more from 6.51 million shares in 2017Q2 were reported. Ftb Advisors has invested 0% of its portfolio in Meta Financial Group Inc (NASDAQ:CASH). Rhumbline Advisers holds 0% or 17,254 shares in its portfolio. 3,500 are held by Louisiana State Employees Retirement Sys. Ny State Common Retirement Fund invested in 0% or 10,300 shares. Blair William Company Il, Illinois-based fund reported 31,898 shares. Los Angeles Capital Mngmt & Equity Rech Incorporated holds 4,090 shares or 0% of its portfolio. Malaga Cove Ltd Limited Liability Company holds 1,400 shares or 0.06% of its portfolio. Bankshares Of New York Mellon holds 0% of its portfolio in Meta Financial Group Inc (NASDAQ:CASH) for 103,779 shares. Northpointe Cap Limited Liability Company holds 36,375 shares. Virginia Retirement System Et Al invested in 0% or 3,600 shares. New York-based New York State Teachers Retirement has invested 0% in Meta Financial Group Inc (NASDAQ:CASH). Art Advsr Llc owns 0.02% invested in Meta Financial Group Inc (NASDAQ:CASH) for 4,300 shares. State Of Alaska Department Of Revenue holds 0.01% or 1,730 shares. Ascend Capital Ltd Llc invested in 78,004 shares or 0.23% of the stock. Pacific Ridge Capital Limited has invested 1.75% in Meta Financial Group Inc (NASDAQ:CASH).

Analysts await Meta Financial Group Inc (NASDAQ:CASH) to report earnings on January, 29. They expect $0.59 EPS, up 3.51% or $0.02 from last year’s $0.57 per share. CASH’s profit will be $5.70 million for 44.49 P/E if the $0.59 EPS becomes a reality. After $1.08 actual EPS reported by Meta Financial Group Inc for the previous quarter, Wall Street now forecasts -45.37% negative EPS growth.

Hennessy Advisors Inc, which manages about $5.52 billion and $3.23 billion US Long portfolio, upped its stake in Black Hills Corp (NYSE:BKH) by 134,588 shares to 215,947 shares, valued at $14.87M in 2017Q3, according to the filing. It also increased its holding in National Fuel Gas Co N J (NYSE:NFG) by 67,000 shares in the quarter, for a total of 439,724 shares, and has risen its stake in Duke Energy Corp New (NYSE:DUK).

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