Walt Disney Company (The) (NYSE:DIS) was upgraded by investment analysts at Vetr from a “buy” rating to a “strong-buy” rating in a research report issued on Wednesday. The firm currently has a $110.51 price target on the entertainment giant’s stock. Vetr‘s price objective would suggest a potential upside of 12.14% from the stock’s previous close.

A number of other brokerages have also recently weighed in on DIS. Guggenheim reissued a “buy” rating and set a $122.00 price target on shares of Walt Disney Company (The) in a research report on Tuesday, September 5th. Jefferies Group LLC reissued a “hold” rating and set a $103.00 price target (down from $110.00) on shares of Walt Disney Company (The) in a research report on Friday, October 6th. BidaskClub raised shares of Walt Disney Company (The) from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. BTIG Research reissued a “sell” rating on shares of Walt Disney Company (The) in a research report on Monday, September 25th. Finally, Sanford C. Bernstein reissued a “market perform” rating on shares of Walt Disney Company (The) in a research report on Tuesday, September 12th. Five research analysts have rated the stock with a sell rating, fourteen have given a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Walt Disney Company (The) currently has a consensus rating of “Hold” and a consensus price target of $113.97.

Shares of Walt Disney Company (NYSE:DIS) traded down 1.03% during midday trading on Wednesday, hitting $98.55. The company’s 50 day moving average price is $99.71 and its 200-day moving average price is $106.06. The stock has a market capitalization of $152.11 billion, a price-to-earnings ratio of 17.48 and a beta of 1.40. Walt Disney Company has a 12-month low of $90.32 and a 12-month high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last released its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.05. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The firm had revenue of $14.24 billion during the quarter, compared to analyst estimates of $14.44 billion. During the same quarter in the previous year, the business earned $1.62 EPS. The business’s quarterly revenue was down .3% compared to the same quarter last year. On average, equities analysts anticipate that Walt Disney Company will post $5.79 earnings per share for the current year.

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In other Walt Disney Company (The) news, Director Maria Elena Lagomasino acquired 976 shares of the business’s stock in a transaction on Thursday, August 10th. The stock was purchased at an average price of $102.34 per share, with a total value of $99,883.84. Following the acquisition, the director now directly owns 7,513 shares of the company’s stock, valued at approximately $768,880.42. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 13.00% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in Walt Disney Company (The) by 2.2% in the 2nd quarter. Vanguard Group Inc. now owns 98,803,049 shares of the entertainment giant’s stock valued at $10,497,824,000 after purchasing an additional 2,131,932 shares during the period. State Street Corp boosted its holdings in Walt Disney Company (The) by 0.7% in the 1st quarter. State Street Corp now owns 67,739,871 shares of the entertainment giant’s stock valued at $7,681,023,000 after purchasing an additional 456,053 shares during the period. Northern Trust Corp boosted its holdings in Walt Disney Company (The) by 2.5% in the 2nd quarter. Northern Trust Corp now owns 20,462,287 shares of the entertainment giant’s stock valued at $2,174,118,000 after purchasing an additional 500,349 shares during the period. Fisher Asset Management LLC boosted its holdings in Walt Disney Company (The) by 1.2% in the 1st quarter. Fisher Asset Management LLC now owns 8,846,672 shares of the entertainment giant’s stock valued at $1,003,124,000 after purchasing an additional 101,808 shares during the period. Finally, Legal & General Group Plc boosted its holdings in Walt Disney Company (The) by 5.3% in the 2nd quarter. Legal & General Group Plc now owns 7,885,053 shares of the entertainment giant’s stock valued at $837,761,000 after purchasing an additional 394,012 shares during the period. 61.38% of the stock is owned by hedge funds and other institutional investors.

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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