The Walt Disney Company (NYSE:DIS - Get Free Report)'s stock price shot up 3% during mid-day trading on Thursday . The company traded as high as $90.15 and last traded at $89.93. 2,819,987 shares were traded during mid-day trading, a decline of 72% from the average session volume of 10,054,610 shares. The stock had previously closed at $87.29.
Analyst Ratings Changes
A number of research firms have recently commented on DIS. Morgan Stanley lifted their target price on Walt Disney from $125.00 to $130.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Rosenblatt Securities restated a "buy" rating and issued a $135.00 price objective on shares of Walt Disney in a research note on Monday, February 10th. Prescient Securities cut their target price on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. UBS Group lowered their price target on shares of Walt Disney from $130.00 to $105.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. Finally, Citigroup reaffirmed a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. Six equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $123.75.
Read Our Latest Report on DIS
Walt Disney Price Performance
The business's fifty day moving average price is $97.01 and its 200-day moving average price is $104.17. The company has a market capitalization of $163.12 billion, a P/E ratio of 29.39, a P/E/G ratio of 1.80 and a beta of 1.44. The company has a current ratio of 0.68, a quick ratio of 0.62 and a debt-to-equity ratio of 0.36.
Walt Disney (NYSE:DIS - Get Free Report) last issued 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 return on equity of 9.95% and a net margin of 6.07%. As a group, sell-side analysts predict that The Walt Disney Company will post 5.47 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the business. Mpwm Advisory Solutions LLC bought a new stake in Walt Disney in the fourth quarter worth $27,000. Kessler Investment Group LLC lifted its stake in shares of Walt Disney by 274.0% in the 1st quarter. Kessler Investment Group LLC now owns 273 shares of the entertainment giant's stock valued at $27,000 after acquiring an additional 200 shares during the last quarter. FPC Investment Advisory Inc. purchased a new stake in Walt Disney during the 4th quarter valued at about $28,000. Tacita Capital Inc boosted its holdings in Walt Disney by 93.2% during the 4th quarter. Tacita Capital Inc now owns 257 shares of the entertainment giant's stock valued at $29,000 after acquiring an additional 124 shares during the period. Finally, Pilgrim Partners Asia Pte Ltd purchased a new position in Walt Disney in the 4th quarter worth approximately $32,000. 65.71% of the stock is owned by hedge funds and other institutional investors.
Walt Disney Company Profile
(
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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.
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