Walt Disney (NYSE:DIS) has been assigned a $100.00 price objective by investment analysts at Sanford C. Bernstein in a report released on Wednesday. The firm currently has a “hold” rating on the entertainment giant’s stock. Sanford C. Bernstein’s price target indicates a potential downside of 8.83% from the stock’s current price.
A number of other equities research analysts have also recently weighed in on DIS. B. Riley reiterated a “neutral” rating on shares of Walt Disney in a research report on Wednesday, November 1st. Rosenblatt Securities reiterated a “hold” rating and set a $110.00 price target on shares of Walt Disney in a research report on Thursday, September 28th. Citigroup reiterated a “neutral” rating on shares of Walt Disney in a research report on Thursday, September 28th. Piper Jaffray Companies set a $125.00 price target on shares of Walt Disney and gave the company a “buy” rating in a research report on Friday, December 15th. Finally, Wells Fargo & Company reiterated a “buy” rating and set a $135.00 price target on shares of Walt Disney in a research report on Friday, December 15th. Four research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seventeen have assigned a buy rating to the company. Walt Disney has an average rating of “Hold” and a consensus target price of $113.20.
Shares of Walt Disney (NYSE:DIS) traded down $2.12 on Wednesday, hitting $109.69. 8,661,018 shares of the company’s stock were exchanged, compared to its average volume of 7,458,917. Walt Disney has a 1-year low of $96.20 and a 1-year high of $116.10. The firm has a market capitalization of $167,353.53, a PE ratio of 19.48, a PEG ratio of 2.36 and a beta of 1.38. The company has a current ratio of 0.81, a quick ratio of 0.74 and a debt-to-equity ratio of 0.42.
Institutional investors have recently modified their holdings of the stock. Parametric Portfolio Associates LLC lifted its position in shares of Walt Disney by 3.4% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 3,406,988 shares of the entertainment giant’s stock worth $335,827,000 after buying an additional 111,031 shares during the last quarter. Institutional & Family Asset Management LLC purchased a new stake in shares of Walt Disney during the 3rd quarter worth approximately $253,000. Steward Partners Investment Advisory LLC purchased a new stake in shares of Walt Disney during the 3rd quarter worth approximately $3,160,000. New Mexico Educational Retirement Board lifted its position in shares of Walt Disney by 5.5% during the 3rd quarter. New Mexico Educational Retirement Board now owns 142,620 shares of the entertainment giant’s stock worth $14,058,000 after buying an additional 7,400 shares during the last quarter. Finally, Coastline Trust Co lifted its position in shares of Walt Disney by 77.2% during the 3rd quarter. Coastline Trust Co now owns 21,725 shares of the entertainment giant’s stock worth $2,142,000 after buying an additional 9,465 shares during the last quarter. Institutional investors own 61.39% of the company’s stock.
About Walt Disney
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.
