Walt Disney Company (The) (NYSE:DIS) was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating in a report released on Thursday. The firm presently has a $103.55 price target on the entertainment giant’s stock. Vetr‘s price target would indicate a potential upside of 6.68% from the stock’s current price.

DIS has been the topic of several other research reports. BidaskClub raised Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Credit Suisse Group reaffirmed a “buy” rating and issued a $125.00 price objective on shares of Walt Disney Company (The) in a research note on Sunday, May 28th. Macquarie downgraded Walt Disney Company (The) from an “outperform” rating to a “neutral” rating and raised their price objective for the stock from $90.32 to $105.00 in a research note on Wednesday, May 17th. Deutsche Bank AG reaffirmed a “buy” rating and issued a $125.00 price objective (down previously from $130.00) on shares of Walt Disney Company (The) in a research note on Monday, May 15th. Finally, Piper Jaffray Companies set a $130.00 price objective on Walt Disney Company (The) and gave the stock a “buy” rating in a research note on Tuesday, August 22nd. Four equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twenty-one have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $113.95.

Shares of Walt Disney Company (NYSE DIS) traded up 0.01% during midday trading on Thursday, reaching $97.07. The company had a trading volume of 13,147,662 shares. The company’s 50-day moving average is $103.93 and its 200-day moving average is $108.10. The stock has a market capitalization of $149.83 billion, a PE ratio of 17.22 and a beta of 1.42. Walt Disney Company has a 1-year low of $90.32 and a 1-year high of $116.10. Walt Disney Company (The) also saw some unusual options trading on Thursday. Traders acquired 43,955 put options on the company. This is an increase of approximately 179% compared to the typical 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 EPS for the quarter, topping the consensus estimate of $1.53 by $0.05. Walt Disney Company (The) had a return on equity of 19.69% and a net margin of 16.22%. The firm had revenue of $14.24 billion for the quarter, compared to the consensus estimate of $14.44 billion. During the same quarter last year, the company earned $1.62 earnings per share. The business’s revenue for the quarter was down .3% compared to the same quarter last year. On average, equities research analysts forecast that Walt Disney Company will post $5.87 EPS for the current year.

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In other news, Director Maria Elena Lagomasino bought 976 shares of the firm’s stock in a transaction on Thursday, August 10th. The stock was acquired at an average cost of $102.34 per share, with a total value of $99,883.84. Following the transaction, the director now directly owns 7,513 shares in the company, valued at approximately $768,880.42. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.38% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of DIS. Lee Financial Co raised its position in Walt Disney Company (The) by 7.6% during the 2nd quarter. Lee Financial Co now owns 1,052 shares of the entertainment giant’s stock valued at $112,000 after purchasing an additional 74 shares in the last quarter. Sumitomo Mitsui Financial Group Inc. bought a new stake in Walt Disney Company (The) during the 1st quarter valued at $144,000. Krilogy Financial LLC raised its position in Walt Disney Company (The) by 13.2% during the 2nd quarter. Krilogy Financial LLC now owns 1,422 shares of the entertainment giant’s stock valued at $151,000 after purchasing an additional 166 shares in the last quarter. IHT Wealth Management LLC raised its position in Walt Disney Company (The) by 34.3% during the 2nd quarter. IHT Wealth Management LLC now owns 15,377 shares of the entertainment giant’s stock valued at $152,000 after purchasing an additional 3,923 shares in the last quarter. Finally, BDO Wealth Advisors LLC bought a new stake in Walt Disney Company (The) during the 2nd quarter valued at $153,000. 61.47% of the stock is owned by institutional investors and hedge funds.

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.

To view Vetr’s full report, visit Vetr’s official website.

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

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