Versor Investments LP significantly reduced its stake in The Walt Disney Company by 84.2% in Q3, selling 14,200 shares and retaining 2,665 shares valued at $305,000. Despite this, Disney reported strong Q earnings, beating EPS and revenue estimates, and analysts maintain a “Moderate Buy” rating with a target of $135.80. However, the company faces headwinds from a $4 billion senior notes offering, regulatory settlements, and public criticism regarding park pricing.
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Versor Investments LP Reduces Holdings in The Walt Disney Company $DIS
Versor Investments LP significantly reduced its stake in The Walt Disney Company by 84.2% in Q3, selling 14,200 shares and retaining 2,665 shares valued at $305,000. Despite this, Disney reported strong Q earnings, beating EPS and revenue estimates, and analysts maintain a “Moderate Buy” rating with a target of $135.80. However, the company faces headwinds from a $4 billion senior notes offering, regulatory settlements, and public criticism regarding park pricing.