5 Out of Favor Stocks That Hedge Funds Love

3. The Walt Disney Company (NYSE:DIS)

Two-year performance: -23.25%

Number of Hedge Fund Holders: 95

A total of 95 hedge funds held stakes in The Walt Disney Company (NYSE:DIS) at the end of the first quarter, with a total stake value of $3.1 billion.

The Walt Disney Company (NYSE:DIS) is a communication services company offering entertainment products and services. It is based in Burbank, California.

A Buy rating was reiterated on The Walt Disney Company (NYSE:DIS) shares on July 11 by Barton Crockett at Rosenblatt. The analyst also holds a $111 price target on the stock.

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