Reliance Steel & Aluminum Co (RS) Stake Has Lifted by Commonwealth Bank Of Australia; Disney Walt Co (DIS) Holder Ruffer Llp Has Increased Its Holding by $93.25 Million

February 19, 2018 - By Maria Brooks

Ruffer Llp increased its stake in Disney Walt Co (DIS) by 59.32% based on its latest 2017Q3 regulatory filing with the SEC. Ruffer Llp bought 951,554 shares as the company’s stock declined 2.31% while stock markets rallied. The institutional investor held 2.56 million shares of the television services company at the end of 2017Q3, valued at $251.87 million, up from 1.60 million at the end of the previous reported quarter. Ruffer Llp who had been investing in Disney Walt Co for a number of months, seems to be bullish on the $160.19 billion market cap company. The stock increased 1.28% or $1.35 during the last trading session, reaching $106.53. About 8.75 million shares traded. The Walt Disney Company (NYSE:DIS) has risen 9.26% since February 19, 2017 and is uptrending. It has underperformed by 7.44% the S&P500.

Commonwealth Bank Of Australia increased its stake in Reliance Steel & Aluminum Co (RS) by 17.19% based on its latest 2017Q3 regulatory filing with the SEC. Commonwealth Bank Of Australia bought 8,500 shares as the company’s stock declined 16.82% while stock markets rallied. The institutional investor held 57,955 shares of the metal fabrications company at the end of 2017Q3, valued at $4.41M, up from 49,455 at the end of the previous reported quarter. Commonwealth Bank Of Australia who had been investing in Reliance Steel & Aluminum Co for a number of months, seems to be bullish on the $6.90B market cap company. The stock increased 3.39% or $3.1 during the last trading session, reaching $94.57. About 1.23M shares traded or 176.52% up from the average. Reliance Steel & Aluminum Co. (NYSE:RS) has risen 0.13% since February 19, 2017 and is uptrending. It has underperformed by 16.57% the S&P500.

Since December 8, 2017, it had 0 buys, and 1 insider sale for $92,861 activity.

Commonwealth Bank Of Australia, which manages about $10.28B US Long portfolio, decreased its stake in Noble Corporation Plc (NYSE:NE) by 160,700 shares to 801,323 shares, valued at $3.68 million in 2017Q3, according to the filing. It also reduced its holding in General Motors Co (NYSE:GM) by 8,037 shares in the quarter, leaving it with 731,183 shares, and cut its stake in Franco (NYSE:FNV).

Investors sentiment decreased to 0.96 in Q3 2017. Its down 0.27, from 1.23 in 2017Q2. It worsened, as 32 investors sold RS shares while 105 reduced holdings. 31 funds opened positions while 101 raised stakes. 59.07 million shares or 1.45% less from 59.94 million shares in 2017Q2 were reported. Gsa Capital Prns Ltd Liability Partnership owns 11,162 shares for 0.06% of their portfolio. Thrivent Fincl For Lutherans holds 0% of its portfolio in Reliance Steel & Aluminum Co. (NYSE:RS) for 15,540 shares. Nordea Inv Mngmt reported 28,075 shares or 0.01% of all its holdings. Bank & Trust Of Montreal Can invested in 0.01% or 102,295 shares. Toronto Dominion Bancshares reported 8 shares. United Kingdom-based Hsbc Public Ltd Company has invested 0.02% in Reliance Steel & Aluminum Co. (NYSE:RS). Crestpoint Capital Ltd Llc holds 0.11% or 3,200 shares. Acadian Asset Management Lc has invested 0.42% of its portfolio in Reliance Steel & Aluminum Co. (NYSE:RS). Epoch Investment Inc reported 0.08% in Reliance Steel & Aluminum Co. (NYSE:RS). Mackenzie Fin holds 0.08% or 186,268 shares. Thompson Davis Com holds 91 shares. Eqis Capital Inc owns 10,394 shares. Dupont Mngmt Corp owns 68,100 shares or 0.12% of their US portfolio. First Quadrant Limited Partnership Ca has invested 0.01% of its portfolio in Reliance Steel & Aluminum Co. (NYSE:RS). Oregon Public Employees Retirement Fund, a Oregon-based fund reported 26,868 shares.

Among 9 analysts covering Reliance Steel (NYSE:RS), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Reliance Steel had 38 analyst reports since September 8, 2015 according to SRatingsIntel. As per Monday, January 9, the company rating was upgraded by KeyBanc Capital Markets. The rating was maintained by Bank of America on Monday, January 8 with “Buy”. The firm has “Buy” rating by Longbow given on Wednesday, February 7. The stock of Reliance Steel & Aluminum Co. (NYSE:RS) has “Hold” rating given on Wednesday, October 4 by Jefferies. The stock has “Buy” rating by Clarksons Platou on Tuesday, October 18. As per Friday, July 22, the company rating was maintained by Cowen & Co. The stock has “Buy” rating by KeyBanc Capital Markets on Wednesday, January 10. The rating was upgraded by Bank of America to “Buy” on Tuesday, September 8. The stock has “Hold” rating by Jefferies on Wednesday, August 30. The firm earned “Neutral” rating on Thursday, April 28 by Rosenblatt.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.20, from 1.09 in 2017Q2. It is negative, 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. Gradient Invs Limited Liability, a Minnesota-based fund reported 4,750 shares. South State Corp holds 1.09% of its portfolio in The Walt Disney Company (NYSE:DIS) for 98,338 shares. Private Advisor Gp Lc holds 0.37% or 149,990 shares. Northstar Asset Mngmt Limited Co has invested 0.83% in The Walt Disney Company (NYSE:DIS). 4,727 were reported by Filament Ltd Com. The California-based Money Mngmt Ltd Liability Corporation has invested 1.91% in The Walt Disney Company (NYSE:DIS). Private Asset Management Inc reported 1.57% stake. Iron Llc has 0.25% invested in The Walt Disney Company (NYSE:DIS) for 3,310 shares. Bluestein R H And Company invested 1.65% in The Walt Disney Company (NYSE:DIS). First Republic Management holds 0.63% or 886,469 shares in its portfolio. Van Strum Towne Inc stated it has 57,150 shares or 3.67% of all its holdings. Fort Washington Investment Advisors Oh has 0.11% invested in The Walt Disney Company (NYSE:DIS). Annex Advisory Ser Ltd Com accumulated 0.06% or 3,078 shares. Highstreet Asset reported 4,520 shares stake. 28,797 were accumulated by Rnc Cap Ltd Limited Liability Company.

Among 39 analysts covering The Walt Disney Company (NYSE:DIS), 23 have Buy rating, 3 Sell and 13 Hold. Therefore 59% are positive. The Walt Disney Company had 152 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Morgan Stanley with “Overweight” on Tuesday, October 31. The firm has “Buy” rating by Rosenblatt given on Wednesday, January 3. The stock has “Neutral” rating by Guggenheim on Thursday, October 12. The firm has “Overweight” rating given on Monday, January 30 by Morgan Stanley. The stock of The Walt Disney Company (NYSE:DIS) earned “Buy” rating by Pivotal Research on Monday, April 18. Hilliard Lyons upgraded the shares of DIS in report on Tuesday, August 25 to “Buy” rating. The stock has “Buy” rating by Piper Jaffray on Sunday, September 24. Loop Capital maintained The Walt Disney Company (NYSE:DIS) on Wednesday, August 16 with “Hold” rating. The stock of The Walt Disney Company (NYSE:DIS) earned “Buy” rating by Topeka Capital Markets on Monday, February 8. The firm has “Neutral” rating given on Tuesday, January 5 by Macquarie Research.

Ruffer Llp, which manages about $2.32 billion US Long portfolio, decreased its stake in Merck & Co Inc New (NYSE:MRK) by 4,755 shares to 11,929 shares, valued at $764,000 in 2017Q3, according to the filing. It also reduced its holding in Phillips 66 (NYSE:PSX) by 57,505 shares in the quarter, leaving it with 863,134 shares, and cut its stake in Cisco Sys Inc (NASDAQ:CSCO).

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 FREE 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: