Trade Report: Today, The Walt Disney Co. (DIS) Stock Rating Reaffirm by Stifel Nicolaus

Today, The Walt Disney Co. (DIS) Stock Rating Reaffirm by Stifel Nicolaus

The Walt Disney Co. (NYSE:DIS)‘s stock had its “buy” rating reaffirmed by Stifel Nicolaus in a report released on Friday.

Several other equities analysts have also issued reports on the company. Wood & Company reaffirmed a “sell” rating and issued a $120.65 price target on shares of The Walt Disney in a research report on Thursday, November 17th. Deutsche Bank AG raised The Walt Disney from a “hold” rating to a “buy” rating and lifted their price target for the stock from $97.70 to $112.00 in a research report on Wednesday, November 16th. Vetr lowered The Walt Disney from a “buy” rating to a “hold” rating and set a $99.56 price target for the company. in a research report on Monday, November 14th. Bank of America Corp. reaffirmed a “buy” rating and issued a $125.00 price target on shares of The Walt Disney in a research report on Sunday, November 13th. Finally, Pivotal Research lowered The Walt Disney from a “buy” rating to a “hold” rating and lowered their price target for the stock from $108.00 to $102.00 in a research report on Friday, November 11th. Three investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and fifteen have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $108.39.

Shares of The Walt Disney (NYSE:DIS) traded up 0.57% during trading on Friday, reaching $98.82. 4,396,763 shares of the company’s stock were exchanged. The Walt Disney has a 12 month low of $86.25 and a 12 month high of $115.58. The firm has a market cap of $158.11 billion, a price-to-earnings ratio of 17.25 and a beta of 1.21. The stock has a 50-day moving average price of $94.31 and a 200 day moving average price of $96.15.

The Walt Disney (NYSE:DIS) last posted its quarterly earnings results on Thursday, November 10th. The entertainment giant reported $1.10 earnings per share (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 Walt Disney’s revenue for the quarter was down 2.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.20 EPS. On average, analysts forecast that The Walt Disney will post $5.95 EPS for the current year.

In related news, EVP Alan N. Braverman sold 19,871 shares of the stock in a transaction on 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 sale, the executive vice president now owns 135,614 shares in the company, valued at approximately $13,425,786. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 13.00% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the stock. Mariner Wealth Advisors LLC raised its stake in The Walt Disney by 15.8% in the first quarter. Mariner Wealth Advisors LLC now owns 83,271 shares of the entertainment giant’s stock valued at $8,270,000 after buying an additional 11,376 shares during the last quarter. HBK Investments L P acquired a new position in shares of The Walt Disney during the first quarter valued at approximately $1,329,000. AMP Capital Investors Ltd increased its position in shares of The Walt Disney by 1.4% in the first quarter. AMP Capital Investors Ltd now owns 821,616 shares of the entertainment giant’s stock valued at $81,266,000 after buying an additional 11,648 shares during the period. National Pension Service increased its position in shares of The Walt Disney by 4.2% in the first quarter. National Pension Service now owns 785,855 shares of the entertainment giant’s stock valued at $78,043,000 after buying an additional 31,780 shares during the period. Finally, Wealthsource Partners LLC acquired a new position in shares of The Walt Disney during the first quarter valued at approximately $1,752,000. Institutional investors own 57.27% of the company’s stock.

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