Weatherford International plc (WFT) Reaches $3.49 After 6.00% Up Move; First Merchants Has Lowered Its Disney Walt Company Com (DIS) Holding

December 12, 2017 - By Kurt Siggers

First Merchants Corp decreased Disney Walt Company Com (DIS) stake by 30.9% reported in 2017Q2 SEC filing. First Merchants Corp sold 3,085 shares as Disney Walt Company Com (DIS)’s stock declined 2.31%. The First Merchants Corp holds 6,899 shares with $733,000 value, down from 9,984 last quarter. Disney Walt Company Com now has $162.04 billion valuation. The stock increased 0.43% or $0.46 during the last trading session, reaching $107.29. About 2.40M shares traded. The Walt Disney Company (NYSE:DIS) has risen 9.26% since December 12, 2016 and is uptrending. It has underperformed by 7.44% the S&P500.

The stock of Weatherford International plc (NYSE:WFT) is a huge mover today! The stock increased 3.87% or $0.13 during the last trading session, reaching $3.49. About 5.28 million shares traded. Weatherford International plc (NYSE:WFT) has risen 2.15% since December 12, 2016 and is uptrending. It has underperformed by 14.55% the S&P500.The move comes after 6 months positive chart setup for the $3.46B company. It was reported on Dec, 12 by Barchart.com. We have $3.70 PT which if reached, will make NYSE:WFT worth $207.84 million more.

Among 31 analysts covering Weatherford International Ltd. (NYSE:WFT), 24 have Buy rating, 1 Sell and 6 Hold. Therefore 77% are positive. Weatherford International Ltd. had 99 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Equal-Weight” rating given on Thursday, December 3 by Stephens. On Wednesday, June 21 the stock rating was maintained by BMO Capital Markets with “Buy”. The firm has “Outperform” rating given on Wednesday, November 2 by Raymond James. Oppenheimer maintained Weatherford International plc (NYSE:WFT) on Monday, October 26 with “Outperform” rating. The rating was maintained by Credit Suisse on Friday, September 4 with “Outperform”. Tudor Pickering initiated Weatherford International plc (NYSE:WFT) on Friday, March 24 with “Buy” rating. Howard Weil maintained Weatherford International plc (NYSE:WFT) rating on Friday, May 6. Howard Weil has “Sector Perform” rating and $8 target. Seaport Global upgraded the shares of WFT in report on Wednesday, November 1 to “Buy” rating. Citigroup maintained the stock with “Buy” rating in Wednesday, October 5 report. As per Friday, July 24, the company rating was maintained by Oppenheimer.

Investors sentiment decreased to 0.95 in 2017 Q2. Its down 0.16, from 1.11 in 2017Q1. It is negative, as 59 investors sold Weatherford International plc shares while 88 reduced holdings. 57 funds opened positions while 106 raised stakes. 1.09 billion shares or 1.61% more from 1.07 billion shares in 2017Q1 were reported. Macquarie Grp Ltd reported 36,390 shares. Jennison Lc has invested 0.01% in Weatherford International plc (NYSE:WFT). Andra Ap reported 142,100 shares stake. Invesco has 0.02% invested in Weatherford International plc (NYSE:WFT) for 16.62M shares. Northern Corp owns 5.39 million shares for 0.01% of their portfolio. Oppenheimer Asset Mngmt Incorporated reported 0.17% stake. Covalent Prtnrs Ltd Liability has invested 3.7% of its portfolio in Weatherford International plc (NYSE:WFT). Verity Asset Management has 69,102 shares. Raymond James Tru Na, Florida-based fund reported 43,994 shares. 18,472 were accumulated by Ls Inv Advsrs Ltd Liability. Mitchell Grp reported 5.28M shares stake. Capstone Inv Advsrs Limited Liability Com has 0% invested in Weatherford International plc (NYSE:WFT). Pacad Inv Limited has invested 0.03% in Weatherford International plc (NYSE:WFT). 66,206 were accumulated by American International Group Inc Inc. Marathon Trading Invest Mngmt Lc owns 0.04% invested in Weatherford International plc (NYSE:WFT) for 56,600 shares.

Weatherford International public limited company, together with its subsidiaries, operates as a multinational oilfield service firm worldwide. The company has market cap of $3.46 billion. It offers equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells. It currently has negative earnings. The firm operates through three business groups: Formation Evaluation and Well Construction, Completion and Production, and Land Drilling Rigs.

Analysts await Weatherford International plc (NYSE:WFT) to report earnings on February, 7. They expect $-0.20 EPS, up 37.50% or $0.12 from last year’s $-0.32 per share. After $-0.22 actual EPS reported by Weatherford International plc for the previous quarter, Wall Street now forecasts -9.09% EPS growth.

Among 38 analysts covering The Walt Disney Company (NYSE:DIS), 20 have Buy rating, 3 Sell and 15 Hold. Therefore 53% are positive. The Walt Disney Company had 140 analyst reports since July 24, 2015 according to SRatingsIntel. Guggenheim upgraded The Walt Disney Company (NYSE:DIS) on Tuesday, March 14 to “Buy” rating. The rating was maintained by BMO Capital Markets on Monday, May 15 with “Underperform”. The rating was downgraded by FBR Capital to “Market Perform” on Tuesday, July 26. As per Thursday, February 18, the company rating was maintained by Deutsche Bank. Loop Capital maintained the shares of DIS in report on Friday, November 10 with “Hold” rating. As per Thursday, October 29, the company rating was maintained by Topeka Capital Markets. The stock of The Walt Disney Company (NYSE:DIS) earned “Buy” rating by Topeka Capital Markets on Monday, February 8. The stock of The Walt Disney Company (NYSE:DIS) has “Buy” rating given on Friday, September 8 by Bank of America. RBC Capital Markets upgraded The Walt Disney Company (NYSE:DIS) on Monday, October 9 to “Top Pick” rating. BMO Capital Markets maintained the shares of DIS in report on Monday, September 11 with “Sell” rating.

First Merchants Corp increased S&P Small Cap 600 Growth Etf Ishares (IJT) stake by 2,701 shares to 57,030 valued at $8.89M in 2017Q2. It also upped Ball Corp Com (NYSE:BLL) stake by 30,290 shares and now owns 63,180 shares. Hormel Foods Corp Com (NYSE:HRL) was raised too.

Analysts await The Walt Disney Company (NYSE:DIS) to report earnings on February, 6. They expect $1.61 EPS, up 3.87% or $0.06 from last year’s $1.55 per share. DIS’s profit will be $2.43 billion for 16.66 P/E if the $1.61 EPS becomes a reality. After $1.07 actual EPS reported by The Walt Disney Company for the previous quarter, Wall Street now forecasts 50.47% EPS growth.

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