Walt Disney (NYSE:DIS) Stock Price Up 0.8% - Time to Buy?

The Walt Disney Company (NYSE:DIS - Get Free Report)'s stock price traded up 0.8% during mid-day trading on Wednesday . The company traded as high as $82.79 and last traded at $82.34. 4,012,792 shares traded hands during trading, a decline of 59% from the average session volume of 9,860,595 shares. The stock had previously closed at $81.72.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Redburn Atlantic raised shares of Walt Disney from a "neutral" rating to a "buy" rating and lifted their price target for the company from $100.00 to $147.00 in a research note on Tuesday, January 7th. Prescient Securities dropped their target price on shares of Walt Disney from $130.00 to $115.00 and set a "neutral" rating on the stock in a research report on Tuesday, February 4th. The Goldman Sachs Group upped their price target on shares of Walt Disney from $137.00 to $139.00 and gave the stock a "buy" rating in a research report on Tuesday, February 4th. Macquarie reiterated a "neutral" rating and issued a $110.00 price objective on shares of Walt Disney in a report on Monday, January 6th. Finally, Rosenblatt Securities reissued a "buy" rating and set a $135.00 target price on shares of Walt Disney in a report on Monday, February 10th. Six equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Walt Disney has a consensus rating of "Moderate Buy" and a consensus target price of $125.13.

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Walt Disney Trading Down 0.4 %

The stock has a market cap of $153.52 billion, a PE ratio of 27.66, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The company's 50-day moving average price is $101.83 and its 200 day moving average price is $104.75.

Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The entertainment giant reported $1.76 EPS for the quarter, beating 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%. On average, sell-side analysts forecast that The Walt Disney Company will post 5.47 EPS for the current fiscal year.

Institutional Trading of Walt Disney

Several institutional investors have recently added to or reduced their stakes in the stock. Trek Financial LLC raised its holdings in shares of Walt Disney by 479.9% in the 4th quarter. Trek Financial LLC now owns 36,320 shares of the entertainment giant's stock valued at $4,044,000 after buying an additional 30,057 shares during the period. Brookstone Capital Management grew its holdings in shares of Walt Disney by 10.5% in the fourth quarter. Brookstone Capital Management now owns 140,883 shares of the entertainment giant's stock valued at $15,687,000 after purchasing an additional 13,339 shares in the last quarter. Greystone Financial Group LLC increased its position in shares of Walt Disney by 13.3% during the fourth quarter. Greystone Financial Group LLC now owns 85,187 shares of the entertainment giant's stock worth $9,486,000 after acquiring an additional 9,967 shares during the period. Avanza Fonder AB acquired a new position in Walt Disney during the 4th quarter worth $15,125,000. Finally, FourThought Financial Partners LLC acquired a new stake in Walt Disney in the 4th quarter valued at about $446,000. Institutional investors and hedge funds own 65.71% of the company's stock.

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.