Walt Disney (NYSE:DIS) Price Target Raised to $135.00

Walt Disney (NYSE:DIS - Get Free Report) had its target price increased by research analysts at Rosenblatt Securities from $122.00 to $135.00 in a research report issued on Monday,Benzinga reports. The firm presently has a "buy" rating on the entertainment giant's stock. Rosenblatt Securities' price objective points to a potential upside of 20.42% from the stock's previous close.

Other analysts also recently issued research reports about the stock. Guggenheim boosted their price objective on shares of Walt Disney from $110.00 to $130.00 and gave the company a "buy" rating in a report on Friday, November 15th. Macquarie boosted their price target on Walt Disney from $91.00 to $110.00 and gave the company a "neutral" rating in a research note on Friday, November 15th. Wells Fargo & Company raised their price objective on Walt Disney from $116.00 to $138.00 and gave the stock an "overweight" rating in a research note on Friday, November 15th. Loop Capital upped their target price on Walt Disney from $120.00 to $125.00 and gave the company a "buy" rating in a research report on Friday, November 15th. Finally, Evercore ISI boosted their price target on Walt Disney from $128.00 to $134.00 and gave the company an "outperform" rating in a research note on Monday, November 18th. Six analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $123.58.

Walt Disney Stock Performance

NYSE:DIS traded down $0.73 during mid-day trading on Monday, hitting $112.11. 10,525,765 shares of the stock were exchanged, compared to its average volume of 10,814,425. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.67 and a current ratio of 0.73. The firm's 50-day simple moving average is $104.68 and its 200 day simple moving average is $98.09. Walt Disney has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The stock has a market capitalization of $203.02 billion, a price-to-earnings ratio of 41.82, a price-to-earnings-growth ratio of 2.05 and a beta of 1.42.

Walt Disney (NYSE:DIS - Get Free Report) last posted its earnings results on Thursday, November 14th. The entertainment giant reported $1.14 earnings per share for the quarter, topping analysts' consensus estimates of $1.09 by $0.05. Walt Disney had a return on equity of 9.21% and a net margin of 5.44%. The company had revenue of $22.57 billion during the quarter, compared to the consensus estimate of $22.49 billion. During the same quarter last year, the firm earned $0.82 earnings per share. The company's revenue was up 6.3% on a year-over-year basis. As a group, equities analysts anticipate that Walt Disney will post 5.41 EPS for the current fiscal year.

Insider Activity at Walt Disney

In related news, EVP Brent Woodford sold 5,000 shares of the company's stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $113.62, for a total transaction of $568,100.00. Following the sale, the executive vice president now owns 44,055 shares in the company, valued at $5,005,529.10. This represents a 10.19 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Robert A. Iger sold 372,412 shares of Walt Disney stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $114.57, for a total value of $42,667,242.84. Following the completion of the sale, the chief executive officer now owns 226,767 shares of the company's stock, valued at approximately $25,980,695.19. The trade was a 62.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 385,412 shares of company stock worth $44,153,263 over the last ninety days. Insiders own 0.10% of the company's stock.

Institutional Investors Weigh In On Walt Disney

A number of large investors have recently bought and sold shares of DIS. Pallas Capital Advisors LLC raised its position in shares of Walt Disney by 35.7% during the second quarter. Pallas Capital Advisors LLC now owns 4,577 shares of the entertainment giant's stock worth $443,000 after purchasing an additional 1,205 shares during the period. Focus Financial Network Inc. grew its holdings in shares of Walt Disney by 4.5% during the second quarter. Focus Financial Network Inc. now owns 12,353 shares of the entertainment giant's stock valued at $1,202,000 after buying an additional 537 shares during the last quarter. XML Financial LLC increased its position in shares of Walt Disney by 2.1% during the second quarter. XML Financial LLC now owns 11,155 shares of the entertainment giant's stock worth $1,108,000 after acquiring an additional 225 shares in the last quarter. Lecap Asset Management Ltd. acquired a new stake in shares of Walt Disney in the 2nd quarter worth about $898,000. Finally, KG&L Capital Management LLC lifted its position in Walt Disney by 24.3% in the 2nd quarter. KG&L Capital Management LLC now owns 7,502 shares of the entertainment giant's stock valued at $741,000 after acquiring an additional 1,469 shares in the last quarter. 65.71% of the stock is currently owned by institutional investors and hedge funds.

About Walt Disney

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.