Walt Disney (NYSE:DIS) PT Raised to $130.00 at Deutsche Bank Aktiengesellschaft

Walt Disney (NYSE:DIS) had its price objective hoisted by research analysts at Deutsche Bank Aktiengesellschaft from $125.00 to $130.00 in a research report issued to clients and investors on Monday, Benzinga reports. The firm currently has a “buy” rating on the entertainment giant’s stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 23.34% from the company’s current price.

A number of other equities research analysts have also recently weighed in on DIS. Daiwa Capital Markets restated a “buy” rating and set a $133.00 price objective on shares of Walt Disney in a research note on Monday, April 1st. Bank of America increased their price objective on shares of Walt Disney from $130.00 to $145.00 and gave the company a “buy” rating in a report on Monday, April 1st. Morgan Stanley raised their price objective on shares of Walt Disney from $110.00 to $135.00 and gave the company an “overweight” rating in a research note on Monday, March 4th. Macquarie increased their price target on Walt Disney from $94.00 to $104.00 and gave the company a “neutral” rating in a research note on Thursday, February 8th. Finally, Argus lifted their price target on Walt Disney from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Wednesday, April 10th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-three have issued a buy rating to the company’s stock. According to MarketBeat.com, Walt Disney presently has an average rating of “Moderate Buy” and an average price target of $127.17.

Walt Disney Price Performance

NYSE DIS opened at $105.40 on Monday. The company has a 50-day moving average price of $114.59 and a two-hundred day moving average price of $101.21. Walt Disney has a 52 week low of $78.73 and a 52 week high of $123.74. The stock has a market cap of $193.34 billion, a price-to-earnings ratio of 65.06, a price-to-earnings-growth ratio of 1.39 and a beta of 1.40. The company has a current ratio of 0.84, a quick ratio of 0.77 and a debt-to-equity ratio of 0.39.

Walt Disney (NYSE:DIS) last issued its quarterly earnings data on Tuesday, February 6th. The entertainment giant reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.97 by $0.25. Walt Disney had a return on equity of 7.88% and a net margin of 3.36%. The business had revenue of $23.50 billion during the quarter, compared to analyst estimates of $23.71 billion. During the same period in the prior year, the company posted $0.99 EPS. The business’s revenue for the quarter was down .1% compared to the same quarter last year. Analysts forecast that Walt Disney will post 4.7 EPS for the current year.

Insider Buying and Selling at Walt Disney

In other news, EVP Sonia L. Coleman sold 1,857 shares of the business’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $121.92, for a total transaction of $226,405.44. Following the transaction, the executive vice president now directly owns 4,400 shares in the company, valued at approximately $536,448. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On Walt Disney

Several large investors have recently made changes to their positions in DIS. Avitas Wealth Management LLC raised its holdings in shares of Walt Disney by 2.2% during the 4th quarter. Avitas Wealth Management LLC now owns 11,037 shares of the entertainment giant’s stock valued at $997,000 after purchasing an additional 238 shares in the last quarter. WNY Asset Management LLC raised its holdings in Walt Disney by 32.8% during the third quarter. WNY Asset Management LLC now owns 9,321 shares of the entertainment giant’s stock valued at $756,000 after buying an additional 2,304 shares in the last quarter. Pathway Financial Advisors LLC lifted its position in shares of Walt Disney by 4.9% in the third quarter. Pathway Financial Advisors LLC now owns 3,024 shares of the entertainment giant’s stock worth $245,000 after buying an additional 141 shares during the last quarter. Telos Capital Management Inc. boosted its stake in shares of Walt Disney by 1.7% during the 4th quarter. Telos Capital Management Inc. now owns 74,767 shares of the entertainment giant’s stock worth $6,751,000 after acquiring an additional 1,236 shares in the last quarter. Finally, Tempus Wealth Planning LLC increased its holdings in shares of Walt Disney by 4.5% during the 3rd quarter. Tempus Wealth Planning LLC now owns 12,722 shares of the entertainment giant’s stock valued at $1,031,000 after acquiring an additional 546 shares during the last quarter. Institutional investors own 65.71% of the company’s stock.

Walt Disney Company Profile

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.