The Walt Disney Co. (NYSE:DIS)‘s stock had its “buy” rating restated by investment analysts at Stifel Nicolaus in a report issued on Friday.
Other analysts also recently issued reports about the company. Deutsche Bank AG reaffirmed a “hold” rating and set a $115.00 price target on shares of The Walt Disney in a research report on Thursday, August 4th. Piper Jaffray Cos. reaffirmed an “overweight” rating and set a $120.00 price target on shares of The Walt Disney in a research report on Monday, August 8th. Macquarie raised The Walt Disney from a “neutral” rating to an “outperform” rating and set a $125.00 price target for the company in a research report on Wednesday, August 10th. Pivotal Research decreased their price target on The Walt Disney from $122.00 to $118.00 and set a “buy” rating for the company in a research report on Wednesday, August 10th. Finally, Brean Capital reaffirmed a “hold” rating on shares of The Walt Disney in a research report on Thursday, August 11th. Three research analysts have rated the stock with a sell rating, seventeen have given a hold rating and fifteen have assigned a buy rating to the company’s stock. The Walt Disney currently has an average rating of “Hold” and an average target price of $108.39.
The Walt Disney (NYSE:DIS) traded up 0.57% during mid-day trading on Friday, hitting $98.82. The stock had a trading volume of 4,396,763 shares. The Walt Disney has a 12 month low of $86.25 and a 12 month high of $115.58. The firm’s 50-day moving average is $94.31 and its 200 day moving average is $96.15. The company has a market cap of $158.11 billion, a price-to-earnings ratio of 17.25 and a beta of 1.21.
The Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Thursday, November 10th. The entertainment giant reported $1.10 EPS for the quarter, missing the consensus estimate of $1.16 by $0.06. The company earned $13.14 billion during the quarter, compared to analysts’ expectations of $13.71 billion. The Walt Disney had a return on equity of 19.81% and a net margin of 16.88%. The business’s revenue for the quarter was down 2.7% compared to the same quarter last year. During the same period last year, the company earned $1.20 earnings per share. Equities analysts anticipate that The Walt Disney will post $5.95 EPS for the current fiscal year.
In related news, EVP Alan N. Braverman sold 19,871 shares of the business’s stock in a transaction dated Wednesday, November 16th. The stock was sold at an average price of $99.00, for a total transaction of $1,967,229.00. Following the transaction, the executive vice president now owns 135,614 shares in the company, valued at approximately $13,425,786. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 13.00% of the company’s stock.
A number of hedge funds and other institutional investors have recently made changes to their positions in DIS. Thomas J. Herzfeld Advisors Inc. acquired a new position in shares of The Walt Disney during the second quarter worth about $103,000. Balentine LLC increased its position in shares of The Walt Disney by 365.8% in the second quarter. Balentine LLC now owns 1,076 shares of the entertainment giant’s stock worth $105,000 after buying an additional 845 shares in the last quarter. Lombard Odier Transatlantic Limited Partnership increased its position in shares of The Walt Disney by 71.4% in the third quarter. Lombard Odier Transatlantic Limited Partnership now owns 1,200 shares of the entertainment giant’s stock worth $111,000 after buying an additional 500 shares in the last quarter. Krilogy Financial LLC increased its position in shares of The Walt Disney by 5.0% in the second quarter. Krilogy Financial LLC now owns 1,292 shares of the entertainment giant’s stock worth $126,000 after buying an additional 61 shares in the last quarter. Finally, TLP Group LLC acquired a new position in shares of The Walt Disney during the third quarter worth about $129,000. Institutional investors own 57.27% of the company’s stock.
The Walt Disney Company Profile