Walt Disney (NYSE:DIS) Trading Down 1.3%

The Walt Disney Company (NYSE:DIS - Get Free Report)'s stock price dropped 1.3% on Monday . The stock traded as low as $97.88 and last traded at $98.04. Approximately 3,802,411 shares were traded during trading, a decline of 67% from the average daily volume of 11,426,231 shares. The stock had previously closed at $99.29.

Analyst Upgrades and Downgrades

Several analysts have recently commented on DIS shares. Redburn Atlantic upgraded shares of Walt Disney from a "sell" rating to a "neutral" rating and set a $100.00 target price for the company in a report on Tuesday, May 21st. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Walt Disney from $125.00 to $130.00 and gave the stock a "buy" rating in a research report on Monday, May 6th. Loop Capital increased their price target on Walt Disney from $113.00 to $140.00 and gave the company a "buy" rating in a research report on Monday, May 6th. Raymond James upped their price objective on Walt Disney from $112.00 to $128.00 and gave the company an "outperform" rating in a research note on Tuesday, March 26th. Finally, Bank of America lifted their target price on Walt Disney from $130.00 to $145.00 and gave the stock a "buy" rating in a research note on Monday, April 1st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and twenty-two have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $126.50.

Walt Disney Stock Performance

The company has a market capitalization of $178.69 billion, a P/E ratio of 106.49, a PEG ratio of 1.23 and a beta of 1.40. The company has a quick ratio of 0.69, a current ratio of 0.75 and a debt-to-equity ratio of 0.38. The company's 50-day moving average is $104.76 and its two-hundred day moving average is $104.74.

Walt Disney (NYSE:DIS - Get Free Report) last posted its quarterly earnings data on Tuesday, May 7th. The entertainment giant reported $1.21 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.09. Walt Disney had a net margin of 1.90% and a return on equity of 8.37%. The firm had revenue of $22.08 billion for the quarter, compared to analysts' expectations of $22.12 billion. During the same quarter last year, the company posted $0.93 EPS. The business's quarterly revenue was up 1.2% on a year-over-year basis. Equities analysts anticipate that The Walt Disney Company will post 4.76 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Sonia L. Coleman sold 4,400 shares of the business's stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $106.00, for a total value of $466,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director James P. Gorman bought 20,000 shares of the company's stock in a transaction dated Wednesday, May 8th. The stock was bought at an average cost of $106.03 per share, for a total transaction of $2,120,600.00. Following the completion of the acquisition, the director now owns 20,467 shares in the company, valued at approximately $2,170,116.01. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Sonia L. Coleman sold 4,400 shares of the business's stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $106.00, for a total value of $466,400.00. The disclosure for this sale can be found here. 0.10% of the stock is owned by insiders.

Institutional Investors Weigh In On Walt Disney

A number of large investors have recently modified their holdings of the stock. Planned Solutions Inc. bought a new stake in shares of Walt Disney during the fourth quarter valued at approximately $26,000. Gold Investment Management Ltd. purchased a new stake in shares of Walt Disney in the 4th quarter worth about $28,000. Fortis Group Advisors LLC bought a new position in shares of Walt Disney in the 3rd quarter worth about $30,000. Stone House Investment Management LLC lifted its position in Walt Disney by 355.3% during the 4th quarter. Stone House Investment Management LLC now owns 346 shares of the entertainment giant's stock valued at $31,000 after acquiring an additional 270 shares during the period. Finally, ESL Trust Services LLC bought a new stake in Walt Disney during the first quarter worth about $31,000. 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.