Shares of Walt Disney Company (The) (NYSE:DIS) have been assigned a consensus rating of “Hold” from the thirty-eight brokerages that are currently covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a sell rating, fifteen have given a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $113.70.

A number of research firms have commented on DIS. Vetr cut Walt Disney Company (The) from a “buy” rating to a “hold” rating and set a $110.54 price target for the company. in a research note on Thursday, July 27th. BidaskClub upgraded Walt Disney Company (The) from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Credit Suisse Group reiterated an “outperform” rating and issued a $125.00 price target on shares of Walt Disney Company (The) in a research note on Tuesday, July 25th. Piper Jaffray Companies set a $130.00 price target on Walt Disney Company (The) and gave the company a “buy” rating in a research note on Wednesday, August 9th. Finally, Goldman Sachs Group, Inc. (The) set a $133.00 price target on Walt Disney Company (The) and gave the company a “buy” rating in a research note on Wednesday, August 9th.

Walt Disney Company (DIS) traded up 0.39% during midday trading on Friday, reaching $99.40. The company had a trading volume of 5,938,716 shares. The company has a market capitalization of $153.42 billion, a P/E ratio of 17.59 and a beta of 1.40. The firm has a 50-day moving average of $98.94 and a 200 day moving average of $105.38. Walt Disney Company has a 1-year low of $90.60 and a 1-year high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last released its quarterly earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $14.24 billion during the quarter, compared to analysts’ expectations of $14.44 billion. During the same period last year, the business posted $1.62 earnings per share. The firm’s revenue was down .3% compared to the same quarter last year. On average, equities research analysts forecast that Walt Disney Company will post $5.78 EPS for the current year.

In related news, Director Maria Elena Lagomasino acquired 976 shares of Walt Disney Company (The) stock in a transaction that occurred on Thursday, August 10th. The shares were purchased at an average price of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the transaction, the director now owns 7,513 shares in the company, valued at approximately $768,880.42. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.38% of the company’s stock.

A number of institutional investors have recently made changes to their positions in DIS. Alta Capital Management LLC raised its position in Walt Disney Company (The) by 674.5% in the third quarter. Alta Capital Management LLC now owns 19,951 shares of the entertainment giant’s stock valued at $1,966,000 after purchasing an additional 17,375 shares during the period. Farmers & Merchants Investments Inc. raised its position in Walt Disney Company (The) by 6.3% in the third quarter. Farmers & Merchants Investments Inc. now owns 118,577 shares of the entertainment giant’s stock valued at $11,688,000 after purchasing an additional 7,055 shares during the period. Merriman Wealth Management LLC purchased a new stake in Walt Disney Company (The) in the third quarter valued at $377,000. Oakbrook Investments LLC raised its position in Walt Disney Company (The) by 0.8% in the third quarter. Oakbrook Investments LLC now owns 307,752 shares of the entertainment giant’s stock valued at $30,335,000 after purchasing an additional 2,373 shares during the period. Finally, Rockefeller Financial Services Inc. raised its position in Walt Disney Company (The) by 3.8% in the third quarter. Rockefeller Financial Services Inc. now owns 54,904 shares of the entertainment giant’s stock valued at $5,411,000 after purchasing an additional 2,000 shares during the period. Hedge funds and other institutional investors own 61.33% of the company’s stock.

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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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