Arga Investment Management LP Upped Its Sasol LTD (SSL) Position by $5.11 Million; Chartist Stake in Disney Walt Co (DIS) Decreased by $11.72 Million

May 19, 2018 - By Clifton Ray

Sasol Limited (NYSE:SSL) Logo

Chartist Inc decreased its stake in Disney Walt Co (DIS) by 4.1% based on its latest 2017Q4 regulatory filing with the SEC. Chartist Inc sold 109 shares as the company’s stock declined 8.57% with the market. The institutional investor held 2,552 shares of the television services company at the end of 2017Q4, valued at $274.36 million, down from 2,661 at the end of the previous reported quarter. Chartist Inc who had been investing in Disney Walt Co for a number of months, seems to be less bullish one the $154.91B market cap company. The stock decreased 0.39% or $0.41 during the last trading session, reaching $103.93. About 5.43M shares traded. The Walt Disney Company (NYSE:DIS) has declined 11.59% since May 19, 2017 and is downtrending. It has underperformed by 23.14% the S&P500.

Arga Investment Management Lp increased its stake in Sasol Ltd (SSL) by 151.72% based on its latest 2017Q4 regulatory filing with the SEC. Arga Investment Management Lp bought 150,200 shares as the company’s stock rose 3.05% while stock markets declined. The institutional investor held 249,200 shares of the oil & gas production company at the end of 2017Q4, valued at $8.53 million, up from 99,000 at the end of the previous reported quarter. Arga Investment Management Lp who had been investing in Sasol Ltd for a number of months, seems to be bullish on the $23.84B market cap company. The stock decreased 0.11% or $0.04 during the last trading session, reaching $37.89. About 121,024 shares traded. Sasol Limited (NYSE:SSL) has risen 17.81% since May 19, 2017 and is uptrending. It has outperformed by 6.26% the S&P500.

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 13.12 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.

Investors sentiment increased to 0.9 in Q4 2017. 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. Tudor Inv Corp Et Al stated it has 0.01% in The Walt Disney Company (NYSE:DIS). Field And Main State Bank invested in 1.65% or 16,000 shares. Bnp Paribas Arbitrage accumulated 0.33% or 1.76M shares. Empirical Financial Limited Com owns 4,481 shares or 0.1% of their US portfolio. Northwest Counselors Limited Liability reported 21,251 shares stake. Crawford Counsel has 5,945 shares for 0.02% of their portfolio. Gemmer Asset Mngmt Ltd Llc invested in 1,610 shares. Moreover, Finance Investment Mgmt Grp Limited has 1.61% invested in The Walt Disney Company (NYSE:DIS). Ckw Fincl Group accumulated 0.03% or 1,060 shares. Dean Lc holds 0.77% or 46,671 shares in its portfolio. Ar Asset Management holds 17,520 shares or 0.73% of its portfolio. Quantitative Investment Mgmt Limited Liability Co has 0.19% invested in The Walt Disney Company (NYSE:DIS) for 117,900 shares. First Pacific Advsrs Limited Co reported 0% in The Walt Disney Company (NYSE:DIS). Abner Herrman & Brock Ltd Llc holds 0.14% or 7,899 shares in its portfolio. The New York-based Bluefin Trading Ltd Liability Corp has invested 0.22% in The Walt Disney Company (NYSE:DIS).

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

More notable recent The Walt Disney Company (NYSE:DIS) news were published by: Bizjournals.com which released: “Disney permits hint at another Magic Kingdom-area project” on May 08, 2018, also 247Wallst.com with their article: “6 Most Important Things in Business Today” published on May 08, 2018, Fool.com published: “Will Comcast Spoil Disney’s Plans for Entertainment Dominance?” on May 19, 2018. More interesting news about The Walt Disney Company (NYSE:DIS) were released by: Seekingalpha.com and their article: “Big opening for ‘Infinity War’ in China” published on May 14, 2018 as well as Bizjournals.com‘s news article titled: “Square, Facebook, other Silicon Valley executives are popular choice for nation’s boardrooms” with publication date: May 18, 2018.

Chartist Inc, which manages about $254.94 million and $225.92 billion US Long portfolio, upped its stake in Sempra Energy (NYSE:SRE) by 964 shares to 3,859 shares, valued at $412.60M in 2017Q4, according to the filing.

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. The firm has “Buy” rating given on Wednesday, November 16 by Deutsche Bank. The firm earned “Hold” rating on Friday, October 6 by Jefferies. The stock of The Walt Disney Company (NYSE:DIS) has “Hold” rating given on Thursday, September 7 by Needham. As per Thursday, July 13, the company rating was maintained by BMO Capital Markets. The stock has “Sell” rating by Pivotal Research on Thursday, January 12. The firm earned “Neutral” rating on Friday, November 10 by B. Riley & Co. The firm earned “Hold” rating on Tuesday, August 25 by Cowen & Co. The rating was downgraded by Pivotal Research on Friday, November 11 to “Hold”. On Wednesday, April 12 the stock rating was maintained by JP Morgan with “Overweight”. Topeka Capital Markets maintained The Walt Disney Company (NYSE:DIS) on Monday, February 8 with “Buy” rating.

Arga Investment Management Lp, which manages about $2.25B and $898.38 million US Long portfolio, decreased its stake in Jpmorgan Chase & Co (NYSE:JPM) by 18,816 shares to 57,884 shares, valued at $6.19 million in 2017Q4, according to the filing. It also reduced its holding in On Semiconductor Corp (ONNN) by 26,850 shares in the quarter, leaving it with 214,650 shares, and cut its stake in Metlife Inc (NYSE:MET).

Among 7 analysts covering Sasol (NYSE:SSL), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Sasol had 13 analyst reports since September 9, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, September 14 by Citigroup. The rating was upgraded by Morgan Stanley on Wednesday, August 10 to “Overweight”. Citigroup downgraded the stock to “Hold” rating in Tuesday, November 28 report. The rating was downgraded by Macquarie Research on Wednesday, March 9 to “Neutral”. The firm earned “Buy” rating on Tuesday, August 16 by Bank of America. The firm has “Neutral” rating by JP Morgan given on Tuesday, July 18. The stock of Sasol Limited (NYSE:SSL) earned “Buy” rating by Citigroup on Wednesday, February 28. The firm earned “Hold” rating on Tuesday, July 18 by J.P. Morgan. The rating was downgraded by Morgan Stanley on Tuesday, April 5 to “Equal-Weight”. The firm has “Neutral” rating given on Friday, March 11 by Bank of America.

The Walt Disney Company (NYSE:DIS) Institutional Positions Chart

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