Rockland Trust Co. significantly increased its stake in The Walt Disney Company by 104.9% in Q3, now holding 16,215 shares valued at $1.86 million. Disney reported stronger-than-expected Q1 earnings with $1.63 EPS and $25.98 billion in revenue, along with announcing a $0.75 per-share dividend. Despite positive analyst sentiment and new CEO Josh D’Amaro, concerns like a reported $170 million loss on “Snow White” and executive pay scrutiny present near-term risks.
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Rockland Trust Co. Has $1.86 Million Position in The Walt Disney Company $DIS
Rockland Trust Co. significantly increased its stake in The Walt Disney Company by 104.9% in Q3, now holding 16,215 shares valued at $1.86 million. Disney reported stronger-than-expected Q1 earnings with $1.63 EPS and $25.98 billion in revenue, along with announcing a $0.75 per-share dividend. Despite positive analyst sentiment and new CEO Josh D’Amaro, concerns like a reported $170 million loss on “Snow White” and executive pay scrutiny present near-term risks.