Walt Disney (NYSE:DIS) Price Target Cut to $105.00 by Analysts at UBS Group

Walt Disney (NYSE:DIS - Get Free Report) had its target price cut by UBS Group from $130.00 to $105.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a "buy" rating on the entertainment giant's stock. UBS Group's price target indicates a potential upside of 23.90% from the company's current price.

Several other analysts have also recently commented on the company. Prescient Securities lowered their price target on Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a report on Tuesday, February 4th. Macquarie reaffirmed a "neutral" rating and set a $110.00 price target on shares of Walt Disney in a research note on Monday, January 6th. Morgan Stanley boosted their price objective on shares of Walt Disney from $125.00 to $130.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. The Goldman Sachs Group boosted their price target on Walt Disney from $137.00 to $139.00 and gave the company a "buy" rating in a research report on Tuesday, February 4th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $130.00 target price on shares of Walt Disney in a report on Wednesday, February 5th. Six investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Walt Disney has a consensus rating of "Moderate Buy" and a consensus target price of $124.48.

Walt Disney Price Performance

Walt Disney stock traded up $1.98 during mid-day trading on Tuesday, hitting $84.75. 14,724,780 shares of the company were exchanged, compared to its average volume of 10,031,370. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The company has a market capitalization of $153.21 billion, a P/E ratio of 27.61, a PEG ratio of 1.80 and a beta of 1.44. Walt Disney has a 12-month low of $80.10 and a 12-month high of $118.63. The business's 50 day simple moving average is $99.24 and its two-hundred day simple moving average is $104.31.

Walt Disney (NYSE:DIS - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.32. Walt Disney had a net margin of 6.07% and a return on equity of 9.95%. Analysts forecast that Walt Disney will post 5.47 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Walt Disney

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Mpwm Advisory Solutions LLC bought a new position in shares of Walt Disney during the 4th quarter worth approximately $27,000. FPC Investment Advisory Inc. acquired a new position in Walt Disney in the fourth quarter valued at approximately $28,000. Tacita Capital Inc grew its stake in shares of Walt Disney by 93.2% during the fourth quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock worth $29,000 after purchasing an additional 124 shares during the period. Pilgrim Partners Asia Pte Ltd bought a new position in Walt Disney during the 4th quarter worth approximately $32,000. Finally, Midwest Capital Advisors LLC bought a new stake in shares of Walt Disney in the 4th quarter valued at $34,000. 65.71% of the stock is owned by institutional investors and hedge funds.

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.