Shares of Walt Disney Company (The) (NYSE:DIS) have received an average rating of “Hold” from the thirty-eight ratings firms that are covering the firm, Marketbeat reports. Six analysts have rated the stock with a sell recommendation, fourteen have issued a hold recommendation and sixteen have assigned a buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $116.36.

A number of research firms have issued reports on DIS. Bank of America Corporation set a $125.00 target price on Walt Disney Company (The) and gave the stock a “hold” rating in a research report on Saturday, June 24th. Guggenheim reissued a “buy” rating and issued a $122.00 target price (down from $128.00) on shares of Walt Disney Company (The) in a research report on Wednesday, July 12th. Credit Suisse Group reissued an “outperform” rating and issued a $125.00 target price on shares of Walt Disney Company (The) in a research report on Tuesday, July 25th. Wells Fargo & Company reissued a “market perform” rating and issued a $111.00 target price on shares of Walt Disney Company (The) in a research report on Wednesday, May 10th. Finally, J P Morgan Chase & Co reissued an “overweight” rating and issued a $124.00 target price on shares of Walt Disney Company (The) in a research report on Tuesday, April 11th.

Shares of Walt Disney Company (NYSE:DIS) traded up 0.5111% on Tuesday, hitting $106.8936. The stock had a trading volume of 4,520,178 shares. The company has a market capitalization of $167.28 billion, a price-to-earnings ratio of 18.6421 and a beta of 1.40. The company has a 50-day moving average of $106.01 and a 200 day moving average of $109.40. Walt Disney Company has a 52 week low of $90.32 and a 52 week high of $116.10. Walt Disney Company (The) also saw some unusual options trading on Monday. Stock investors bought 26,917 put options on the company. This is an increase of 352% compared to the typical volume of 5,955 put options.

Walt Disney Company (The) (NYSE:DIS) last issued its quarterly earnings results on Tuesday, May 9th. The entertainment giant reported $1.50 EPS for the quarter, beating the Zacks’ consensus estimate of $1.45 by $0.05. Walt Disney Company (The) had a return on equity of 19.81% and a net margin of 16.63%. The company had revenue of $13.34 billion during the quarter, compared to the consensus estimate of $13.44 billion. During the same period last year, the business posted $1.36 earnings per share. Walt Disney Company (The)’s revenue was up 2.8% on a year-over-year basis. On average, equities research analysts predict that Walt Disney Company will post $5.90 EPS for the current year.

The firm also recently declared a Semi-Annual dividend, which was paid on Thursday, July 27th. Investors of record on Monday, July 10th were issued a dividend of $0.78 per share. The ex-dividend date of this dividend was Thursday, July 6th. Walt Disney Company (The)’s dividend payout ratio is presently 27.18%.

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In related news, Chairman Robert A. Iger sold 797,578 shares of the business’s stock in a transaction dated Friday, June 9th. The stock was sold at an average price of $105.09, for a total transaction of $83,817,472.02. Following the transaction, the chairman now owns 1,566,484 shares in the company, valued at approximately $164,621,803.56. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Susan E. Arnold sold 12,143 shares of the business’s stock in a transaction dated Thursday, May 11th. The shares were sold at an average price of $109.02, for a total value of $1,323,829.86. Following the transaction, the director now owns 48,673 shares in the company, valued at approximately $5,306,330.46. The disclosure for this sale can be found here. 13.00% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Cambridge Investment Research Advisors Inc. increased its position in shares of Walt Disney Company (The) by 7.0% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 243,315 shares of the entertainment giant’s stock worth $25,852,000 after buying an additional 15,821 shares in the last quarter. CFO4Life Group LLC increased its position in shares of Walt Disney Company (The) by 57.2% in the second quarter. CFO4Life Group LLC now owns 5,533 shares of the entertainment giant’s stock worth $588,000 after buying an additional 2,013 shares in the last quarter. McKinley Carter Wealth Services Inc. increased its position in shares of Walt Disney Company (The) by 5.9% in the second quarter. McKinley Carter Wealth Services Inc. now owns 30,488 shares of the entertainment giant’s stock worth $3,239,000 after buying an additional 1,702 shares in the last quarter. Hilton Capital Management LLC increased its position in shares of Walt Disney Company (The) by 13.9% in the second quarter. Hilton Capital Management LLC now owns 2,222 shares of the entertainment giant’s stock worth $236,000 after buying an additional 272 shares in the last quarter. Finally, Iat Reinsurance Co. LTD. acquired a new position in shares of Walt Disney Company (The) during the second quarter worth about $3,740,000. Institutional investors own 62.42% of the company’s stock.

Walt Disney Company (The) Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

Analyst Recommendations for Walt Disney Company (The) (NYSE:DIS)

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