Disney's Institutional Support Continues to Shift Amid Market Volatility
The Walt Disney Company (NYSE:DIS) continues to be a focal point for investors and analysts alike, with various institutional investors making adjustments to their holdings.
Perkins Coie Trust Co has reduced its stake in DIS by 17.8% during the second quarter, down from 22,855 shares to 18,907 shares valued at $2.20 million as of its most recent SEC filing.
This move is part of a larger trend where various hedge funds have been making adjustments to their stakes in Disney.