American Money Management Maintains Holding in Disney Walt Co (DIS); As Office Depot (ODP) Stock Value Declined, Aristotle Fund LP Has Lowered Stake

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Aristotle Fund Lp decreased its stake in Office Depot Inc. (ODP) by 38.36% based on its latest 2019Q1 regulatory filing with the SEC. Aristotle Fund Lp sold 1.99 million shares as the company’s stock declined 36.20% while stock markets rallied. The hedge fund held 3.20M shares of the consumer services company at the end of 2019Q1, valued at $11.62M, down from 5.20M at the end of the previous reported quarter. Aristotle Fund Lp who had been investing in Office Depot Inc. for a number of months, seems to be less bullish one the $1.08 billion market cap company. The stock decreased 3.90% or $0.08 during the last trading session, reaching $1.97. About 5.54M shares traded. Office Depot, Inc. (NASDAQ:ODP) has declined 11.52% since June 11, 2018 and is downtrending. It has underperformed by 15.95% the S&P500. Some Historical ODP News: 16/05/2018 – OFFICE DEPOT INC ODP.O FY2018 SHR VIEW $0.31, REV VIEW $10.88 BLN — THOMSON REUTERS l/B/E/S; 19/03/2018 – Office Depot, Inc. Appoints Scott Kriss Senior Vice Pres and Chief Acctg Officer; 09/05/2018 – Office Depot Sees 2018 Sales Around $10.8B; 16/05/2018 – OFFICE DEPOT INC – OUTLOOK TO 2020 SEES SERVICES REVENUE GROWING TO APPROXIMATELY 20% OF TOTAL SALES; 16/05/2018 – Office Depot Backs 2018 View for Adjusted Operating Income of About $360 Million; 12/03/2018 – OFFICE DEPOT, AWARDS MARKETING AGENCY OF DUTIES TO WPP; 16/05/2018 – OFFICE DEPOT PROVIDES UPDATE ON STRATEGIC TRANSFORMATION TO BECOME AN OMNI-CHANNEL BUSINESS SERVICES PLATFORM; 09/05/2018 – OFFICE DEPOT INC – SEES 2018 SALES ABOUT $10.8 BLN; 09/05/2018 – OFFICE DEPOT BOOSTS YR FORECAST; 09/04/2018 – CompuCom Unveils New Digital Campus Headquarters

American Money Management Llc increased its stake in Disney Walt Co (DIS) by 63.73% based on its latest 2019Q1 regulatory filing with the SEC. American Money Management Llc bought 21,070 shares as the company’s stock rose 22.21% with the market. The institutional investor held 54,129 shares of the television services company at the end of 2019Q1, valued at $6.01 million, up from 33,059 at the end of the previous reported quarter. American Money Management Llc who had been investing in Disney Walt Co for a number of months, seems to be bullish on the $243.10 billion market cap company. The stock decreased 1.45% or $1.99 during the last trading session, reaching $135.08. About 5.25 million shares traded. The Walt Disney Company (NYSE:DIS) has risen 31.47% since June 11, 2018 and is uptrending. It has outperformed by 27.04% the S&P500. Some Historical DIS News: 21/03/2018 – Disney Music Group Set To Release First 6 Remastered Star Wars Original Motion Picture Soundtracks On May 4; 08/03/2018 – WALT DISNEY – SHAREHOLDERS REJECTED TWO SHAREHOLDER PROPOSALS, ONE REGARDING LOBBYING DISCLOSURE, OTHER REGARDING CO’S PROXY ACCESS BYLAW; 07/05/2018 – Channel NewsAsia: Exclusive: Comcast prepares all-cash bid to gate-crash Disney-Fox deal; 08/05/2018 – DISNEY 2Q ADJ EPS $1.84, EST. $1.70; 12/03/2018 – Shane Smith Will Remain at Vice Media; 05/03/2018 – James Pitaro, a Disney Digital Veteran, Is Named ESPN President; 30/05/2018 – U.S. TV’s Barr blames sleep aid Ambien for racist tweet; 05/03/2018 – JAMES PITARO NAMED PRESIDENT OF ESPN & CO-CHAIR, DISNEY MEDIA N; 12/04/2018 – Hollywood Reporter: Exclusive: Disney’s live-action ‘Mulan’ lands Gong Li, Jet Li; 05/03/2018 – Pitaro Was Chairman of Disney Consumer Products and Interactive Media

Since December 12, 2018, it had 0 insider buys, and 11 selling transactions for $1.56 million activity. On Monday, December 17 BRAVERMAN ALAN N sold $508,992 worth of The Walt Disney Company (NYSE:DIS) or 4,623 shares.

American Money Management Llc, which manages about $201.60 million and $179.86M US Long portfolio, decreased its stake in Exxon Mobil Corporation (NYSE:XOM) by 7,837 shares to 5,432 shares, valued at $439,000 in 2019Q1, according to the filing. It also reduced its holding in Union Pacific Corp (NYSE:UNP) by 1,841 shares in the quarter, leaving it with 24,242 shares, and cut its stake in Yum Brands Inc (NYSE:YUM).

More notable recent The Walt Disney Company (NYSE:DIS) news were published by: Fool.com which released: “Disney’s Massive Cannibalization Opportunity – The Motley Fool” on May 13, 2019, also Seekingalpha.com with their article: “Disney sees ‘difficulty’ filming in Georgia – Seeking Alpha” published on May 30, 2019, Investorplace.com published: “Is It Time to Take Profits in Disney Stock? – Investorplace.com” on May 28, 2019. More interesting news about The Walt Disney Company (NYSE:DIS) were released by: Investorplace.com and their article: “Here’s Why $2 Billion on 2 Star Wars Lands Is a Good Deal for DIS Stock – Investorplace.com” published on May 31, 2019 as well as Fool.com‘s news article titled: “Disney’s Star Wars Expansion Is a Game Changer – The Motley Fool” with publication date: June 01, 2019.

Investors sentiment increased to 2.8 in Q1 2019. Its up 1.46, from 1.34 in 2018Q4. It increased, as 56 investors sold DIS shares while 347 reduced holdings. 219 funds opened positions while 908 raised stakes. 1.09 billion shares or 14.39% more from 954.90 million shares in 2018Q4 were reported. Gyroscope Management Grp Incorporated Ltd Liability stated it has 0.45% of its portfolio in The Walt Disney Company (NYSE:DIS). Churchill Mgmt Corporation owns 91,057 shares for 0.27% of their portfolio. Weik Cap Management reported 1.51% stake. Family Mngmt reported 1.44% stake. Bollard Limited Liability Corp holds 0.1% or 23,344 shares. Amf Pensionsforsakring Ab reported 1.73% of its portfolio in The Walt Disney Company (NYSE:DIS). 76,131 were reported by Strategy Asset Managers Limited Com. Neumann Capital Ltd reported 5,314 shares or 0.38% of all its holdings. Edgewood Mngmt Ltd Llc holds 0% in The Walt Disney Company (NYSE:DIS) or 2,600 shares. Dimensional Fund Advsr LP has 0.35% invested in The Walt Disney Company (NYSE:DIS). Fenimore Asset Mngmt holds 1,813 shares or 0.01% of its portfolio. Karpus reported 0.01% in The Walt Disney Company (NYSE:DIS). Intersect reported 0.38% in The Walt Disney Company (NYSE:DIS). Management Associates New York owns 6,232 shares for 1.08% of their portfolio. Moreover, Mckinley Carter Wealth Inc has 0.42% invested in The Walt Disney Company (NYSE:DIS) for 13,542 shares.

More notable recent Office Depot, Inc. (NASDAQ:ODP) news were published by: Nasdaq.com which released: “Analysts See 11% Upside For VYM – Nasdaq” on May 20, 2019, also Nasdaq.com with their article: “Office Depot (ODP) Gains As Market Dips: What You Should Know – Nasdaq” published on February 06, 2019, Nasdaq.com published: “Office Depot (ODP) Down 4.3% Since Last Earnings Report: Can It Rebound? – Nasdaq” on June 07, 2019. More interesting news about Office Depot, Inc. (NASDAQ:ODP) were released by: Bizjournals.com and their article: “Office Depot to buy back $100M in stock – South Florida Business Journal” published on November 20, 2018 as well as Nasdaq.com‘s news article titled: “Office Depot, Inc. (ODP) Ex-Dividend Date Scheduled for November 21, 2018 – Nasdaq” with publication date: November 20, 2018.

Investors sentiment decreased to 1.43 in 2019 Q1. Its down 0.13, from 1.56 in 2018Q4. It fall, as 13 investors sold ODP shares while 71 reduced holdings. 36 funds opened positions while 84 raised stakes. 481.25 million shares or 1.70% more from 473.21 million shares in 2018Q4 were reported. Ubs Asset Mngmt Americas, Illinois-based fund reported 523,192 shares. Asset Mgmt has invested 0.01% in Office Depot, Inc. (NASDAQ:ODP). Amp Invsts Ltd stated it has 203,255 shares or 0% of all its holdings. Wellington Mgmt Llp reported 0% in Office Depot, Inc. (NASDAQ:ODP). Qs Ltd Limited Liability Company holds 0.03% of its portfolio in Office Depot, Inc. (NASDAQ:ODP) for 676,073 shares. Metropolitan Life Insur New York invested in 6,560 shares or 0.02% of the stock. State Board Of Administration Of Florida Retirement System accumulated 377,293 shares. Comerica Bankshares has invested 0.01% in Office Depot, Inc. (NASDAQ:ODP). Mycio Wealth Partners Ltd reported 16,505 shares. Deutsche State Bank Ag reported 0.01% in Office Depot, Inc. (NASDAQ:ODP). Of Vermont reported 2,362 shares stake. Bluecrest Capital Mngmt invested in 59,622 shares. Cubist Systematic Strategies Limited Com holds 27,266 shares. 2,072 are owned by Moody State Bank Division. 5,110 were reported by Glenmede Communications Na.

Analysts await Office Depot, Inc. (NASDAQ:ODP) to report earnings on August, 6. They expect $0.05 EPS, 0.00% or $0.00 from last year’s $0.05 per share. ODP’s profit will be $27.31 million for 9.85 P/E if the $0.05 EPS becomes a reality. After $0.07 actual EPS reported by Office Depot, Inc. for the previous quarter, Wall Street now forecasts -28.57% negative EPS growth.

Office Depot, Inc. (NASDAQ:ODP) Institutional Positions Chart

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