Walt Disney (NYSE:DIS) has been assigned a $125.00 target price by research analysts at Macquarie in a note issued to investors on Tuesday. The firm presently has a “buy” rating on the entertainment giant’s stock. Macquarie’s price objective points to a potential upside of 20.63% from the stock’s previous close.
Other research analysts have also recently issued reports about the stock. B. Riley reiterated a “neutral” rating on shares of Walt Disney in a report on Wednesday, November 1st. Bank of America reiterated a “buy” rating and set a $144.00 price objective (up from $130.00) on shares of Walt Disney in a report on Wednesday, January 10th. Jefferies Group restated a “hold” rating and set a $103.77 price target (up from $102.68) on shares of Walt Disney in a report on Friday, November 10th. Cowen restated a “hold” rating and set a $102.00 price target on shares of Walt Disney in a report on Monday. Finally, Vetr cut shares of Walt Disney from a “buy” rating to a “hold” rating and set a $107.36 price target on the stock. in a report on Wednesday, November 29th. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $118.01.
Shares of Walt Disney (NYSE DIS) traded down $1.08 during midday trading on Tuesday, hitting $103.62. 9,314,090 shares of the stock were exchanged, compared to its average volume of 8,187,708. The firm has a market capitalization of $157,220.00, a PE ratio of 18.27, a P/E/G ratio of 1.89 and a beta of 1.30. Walt Disney has a 52-week low of $96.20 and a 52-week high of $116.10. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74.
Several hedge funds and other institutional investors have recently bought and sold shares of DIS. Klingenstein Fields & Co. LLC increased its holdings in Walt Disney by 1.7% during the 2nd quarter. Klingenstein Fields & Co. LLC now owns 2,028,211 shares of the entertainment giant’s stock worth $215,498,000 after acquiring an additional 34,666 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. increased its holdings in Walt Disney by 1.1% during the 2nd quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 84,457 shares of the entertainment giant’s stock worth $8,974,000 after acquiring an additional 879 shares during the period. Honkamp Krueger Financial Services Inc. increased its holdings in Walt Disney by 19.0% during the 2nd quarter. Honkamp Krueger Financial Services Inc. now owns 18,819 shares of the entertainment giant’s stock worth $2,000,000 after acquiring an additional 2,999 shares during the period. Pillar Pacific Capital Management LLC increased its holdings in Walt Disney by 0.9% during the 2nd quarter. Pillar Pacific Capital Management LLC now owns 80,202 shares of the entertainment giant’s stock worth $8,521,000 after acquiring an additional 745 shares during the period. Finally, Saratoga Research & Investment Management increased its holdings in Walt Disney by 14.5% during the 2nd quarter. Saratoga Research & Investment Management now owns 52,728 shares of the entertainment giant’s stock worth $5,602,000 after acquiring an additional 6,678 shares during the period. 61.58% of the stock is currently owned by institutional investors.
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Walt Disney 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.
