Alta Capital Management Holds Stake in Walt Disney Co (DIS); White Pine Capital Has Decreased Its Holding in Aerovironment (AVAV) by $1.84 Million as Shares Rose

February 24, 2018 - By Peter Erickson

Alta Capital Management Llc increased its stake in Walt Disney Co (DIS) by 674.5% based on its latest 2017Q3 regulatory filing with the SEC. Alta Capital Management Llc bought 17,375 shares as the company’s stock declined 2.31% while stock markets rallied. The institutional investor held 19,951 shares of the television services company at the end of 2017Q3, valued at $1.97 million, up from 2,576 at the end of the previous reported quarter. Alta Capital Management Llc who had been investing in Walt Disney Co for a number of months, seems to be bullish on the $161.27B market cap company. The stock increased 1.91% or $2.01 during the last trading session, reaching $107.25. About 6.10M shares traded. The Walt Disney Company (NYSE:DIS) has risen 9.26% since February 24, 2017 and is uptrending. It has underperformed by 7.44% the S&P500.

White Pine Capital Llc decreased its stake in Aerovironment Inc (AVAV) by 89.57% based on its latest 2017Q3 regulatory filing with the SEC. White Pine Capital Llc sold 34,140 shares as the company’s stock rose 14.39% with the market. The institutional investor held 3,975 shares of the capital goods company at the end of 2017Q3, valued at $215,000, down from 38,115 at the end of the previous reported quarter. White Pine Capital Llc who had been investing in Aerovironment Inc for a number of months, seems to be less bullish one the $1.18B market cap company. The stock increased 0.38% or $0.19 during the last trading session, reaching $50.19. About 93,531 shares traded. AeroVironment, Inc. (NASDAQ:AVAV) has risen 11.69% since February 24, 2017 and is uptrending. It has underperformed by 5.01% the S&P500.




Among 6 analysts covering AeroVironment (NASDAQ:AVAV), 0 have Buy rating, 1 Sell and 5 Hold. Therefore 0 are positive. AeroVironment had 24 analyst reports since August 21, 2015 according to SRatingsIntel. On Thursday, September 3 the stock rating was downgraded by TheStreet to “Sell”. Canaccord Genuity maintained it with “Hold” rating and $24 target in Wednesday, September 2 report. The firm has “Hold” rating given on Thursday, August 10 by Canaccord Genuity. The firm earned “Hold” rating on Wednesday, August 30 by Canaccord Genuity. The firm has “Hold” rating by Piper Jaffray given on Wednesday, December 6. Zacks upgraded AeroVironment, Inc. (NASDAQ:AVAV) on Monday, August 31 to “Sell” rating. As per Friday, October 6, the company rating was maintained by Jefferies. Piper Jaffray maintained AeroVironment, Inc. (NASDAQ:AVAV) rating on Wednesday, December 9. Piper Jaffray has “Overweight” rating and $35 target. The stock of AeroVironment, Inc. (NASDAQ:AVAV) has “Hold” rating given on Monday, July 3 by Piper Jaffray. The stock has “Hold” rating by Jefferies on Friday, June 23.

Analysts await AeroVironment, Inc. (NASDAQ:AVAV) to report earnings on March, 6. They expect $0.09 earnings per share, up 200.00% or $0.18 from last year’s $-0.09 per share. AVAV’s profit will be $2.11 million for 139.42 P/E if the $0.09 EPS becomes a reality. After $0.29 actual earnings per share reported by AeroVironment, Inc. for the previous quarter, Wall Street now forecasts -68.97% negative EPS growth.

Investors sentiment decreased to 1.87 in Q3 2017. Its down 0.27, from 2.14 in 2017Q2. It is negative, as 13 investors sold AVAV shares while 33 reduced holdings. 35 funds opened positions while 51 raised stakes. 17.13 million shares or 5.16% less from 18.06 million shares in 2017Q2 were reported. Hsbc Public Llc invested in 0% or 12,813 shares. Natixis invested in 28,240 shares. Retail Bank Of America Corp De owns 111,880 shares. 1,100 are owned by Riverhead Mngmt Lc. Moreover, Credit Suisse Ag has 0.02% invested in AeroVironment, Inc. (NASDAQ:AVAV). Zacks Mgmt invested 0% of its portfolio in AeroVironment, Inc. (NASDAQ:AVAV). Nationwide Fund stated it has 46,173 shares or 0.01% of all its holdings. Barclays Plc reported 8,045 shares stake. Vanguard Grp Inc has invested 0% in AeroVironment, Inc. (NASDAQ:AVAV). Ameriprise Incorporated owns 110,091 shares. Art Advsrs Lc owns 37,908 shares or 0.1% of their US portfolio. Arizona State Retirement reported 0.01% of its portfolio in AeroVironment, Inc. (NASDAQ:AVAV). Omers Administration invested in 0.01% or 8,700 shares. Northern stated it has 0% of its portfolio in AeroVironment, Inc. (NASDAQ:AVAV). Geode Capital Mgmt Ltd Liability Co reported 0% in AeroVironment, Inc. (NASDAQ:AVAV).

White Pine Capital Llc, which manages about $341.56 million and $39.55B US Long portfolio, upped its stake in Ishares Barclays 1 (SHY) by 8,460 shares to 50,155 shares, valued at $4.24 billion in 2017Q3, according to the filing. It also increased its holding in Ishares Barclays Intermediate Credit Etf (CIU) by 1,275 shares in the quarter, for a total of 30,220 shares, and has risen its stake in Vanguard Ftse Emerging Markets Etf (VWO).

Since September 7, 2017, it had 0 insider purchases, and 8 selling transactions for $3.15 million activity.

Alta Capital Management Llc, which manages about $1.48B and $1.55 billion US Long portfolio, decreased its stake in Visa (NYSE:V) by 10,272 shares to 287,389 shares, valued at $30.24M in 2017Q3, according to the filing. It also reduced its holding in Union Pacific (NYSE:UNP) by 4,119 shares in the quarter, leaving it with 418,575 shares, and cut its stake in Cerner Corp (NASDAQ:CERN).

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 firm has “Buy” rating given on Tuesday, January 19 by Stifel Nicolaus. Piper Jaffray maintained The Walt Disney Company (NYSE:DIS) on Wednesday, November 22 with “Buy” rating. The rating was maintained by Credit Suisse with “Buy” on Monday, July 24. Hilliard Lyons upgraded the shares of DIS in report on Tuesday, August 25 to “Buy” rating. On Friday, August 28 the stock rating was maintained by Cowen & Co with “Hold”. The stock of The Walt Disney Company (NYSE:DIS) has “Sell” rating given on Thursday, July 13 by BMO Capital Markets. The company was upgraded on Thursday, August 6 by Vetr. The stock of The Walt Disney Company (NYSE:DIS) has “Hold” rating given on Monday, May 15 by Loop Capital. As per Monday, September 26, the company rating was downgraded by Drexel Hamilton. As per Thursday, October 29, the company rating was maintained by Topeka Capital Markets.

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