Walt Disney Company (The) (NYSE:DIS)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Group LLC in a research note issued on Friday. They currently have a $90.00 price target on the entertainment giant’s stock, down from their previous price target of $97.06. Jefferies Group LLC’s price target indicates a potential downside of 7.27% from the company’s current price.

Other equities analysts have also issued research reports about the stock. Bank of America Corporation set a $125.00 price objective on shares of Walt Disney Company (The) and gave the company a “hold” rating in a research report on Saturday, June 24th. BMO Capital Markets reissued an “underperform” rating and issued a $90.00 price objective (down previously from $95.00) on shares of Walt Disney Company (The) in a research report on Thursday, August 10th. Vetr raised shares of Walt Disney Company (The) from a “hold” rating to a “buy” rating and set a $103.55 price objective for the company in a research report on Thursday. FBR & Co reissued a “hold” rating and issued a $97.00 price objective on shares of Walt Disney Company (The) in a research report on Friday. Finally, Guggenheim reissued a “buy” rating and issued a $122.00 price objective (down previously from $128.00) on shares of Walt Disney Company (The) in a research report on Wednesday, July 12th. Four research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twenty have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $114.16.

Walt Disney Company (NYSE:DIS) traded down 0.12% during mid-day trading on Friday, hitting $96.94. 5,999,401 shares of the stock traded hands. Walt Disney Company has a 12-month low of $90.32 and a 12-month high of $116.10. The company has a market cap of $149.62 billion, a price-to-earnings ratio of 17.19 and a beta of 1.42. The firm’s 50-day moving average is $104.22 and its 200-day moving average is $108.18. Walt Disney Company (The) also was the target of some unusual options trading activity on Thursday. Traders acquired 43,955 put options on the company. This is an increase of approximately 179% compared to the average daily volume of 15,745 put options.

Walt Disney Company (The) (NYSE:DIS) last posted its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.05. The business had revenue of $14.24 billion during the quarter, compared to analyst estimates of $14.44 billion. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The company’s revenue was down .3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.62 earnings per share. Equities research analysts expect that Walt Disney Company will post $5.87 EPS for the current year.

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In other Walt Disney Company (The) news, Director Maria Elena Lagomasino bought 976 shares of the company’s stock in a transaction on Thursday, August 10th. The shares were bought at an average cost of $102.34 per share, with a total value of $99,883.84. Following the completion of the acquisition, the director now owns 7,513 shares of the company’s stock, valued at $768,880.42. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.38% of the stock is currently owned by corporate insiders.

Several large investors have recently modified their holdings of DIS. Janus Henderson Group PLC raised its holdings in shares of Walt Disney Company (The) by 929.6% during the second quarter. Janus Henderson Group PLC now owns 5,410,942 shares of the entertainment giant’s stock worth $574,907,000 after purchasing an additional 4,885,398 shares during the period. AJO LP raised its holdings in shares of Walt Disney Company (The) by 12,331.6% during the second quarter. AJO LP now owns 3,300,335 shares of the entertainment giant’s stock worth $350,661,000 after purchasing an additional 3,273,787 shares during the period. Vanguard Group Inc. raised its holdings in shares of Walt Disney Company (The) by 2.2% during the second quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock worth $10,497,824,000 after purchasing an additional 2,131,932 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in shares of Walt Disney Company (The) by 247.9% during the second quarter. Arrowstreet Capital Limited Partnership now owns 2,644,700 shares of the entertainment giant’s stock worth $280,999,000 after purchasing an additional 1,884,600 shares during the period. Finally, Nordea Investment Management AB raised its holdings in shares of Walt Disney Company (The) by 48.7% during the second quarter. Nordea Investment Management AB now owns 5,313,513 shares of the entertainment giant’s stock worth $564,561,000 after purchasing an additional 1,740,128 shares during the period. 61.47% of the stock is currently owned by institutional investors.

About Walt Disney Company (The)

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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