Walt Disney (NYSE:DIS) Shares Up 1.5% - Should You Buy?

Shares of The Walt Disney Company (NYSE:DIS - Get Free Report) rose 1.5% on Monday . The stock traded as high as $86.45 and last traded at $86.20. Approximately 2,705,460 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 9,967,012 shares. The stock had previously closed at $84.89.

Analysts Set New Price Targets

A number of brokerages have commented on DIS. Loop Capital raised their price objective on Walt Disney from $125.00 to $130.00 and gave the company a "buy" rating in a research note on Tuesday, March 4th. UBS Group lowered their price objective on shares of Walt Disney from $130.00 to $105.00 and set a "buy" rating for the company in a report on Tuesday. Citigroup restated a "buy" rating and issued a $125.00 price objective on shares of Walt Disney in a report on Wednesday, January 22nd. Barclays dropped their price objective on Walt Disney from $125.00 to $115.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Finally, Needham & Company LLC restated a "buy" rating and issued a $130.00 price target on shares of Walt Disney in a research note on Wednesday, February 5th. Six research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Walt Disney presently has an average rating of "Moderate Buy" and a consensus price target of $124.48.

Walt Disney Stock Down 1.5 %

The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The firm has a 50 day moving average of $100.77 and a 200 day moving average of $104.67. The firm has a market cap of $151.36 billion, a price-to-earnings ratio of 27.30, a PEG ratio of 1.80 and a beta of 1.44.

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Walt Disney (NYSE:DIS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The entertainment giant reported $1.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 year.

Institutional Trading of Walt Disney

Hedge funds have recently added to or reduced their stakes in the business. Mpwm Advisory Solutions LLC purchased a new stake in Walt Disney in the fourth quarter worth approximately $27,000. FPC Investment Advisory Inc. bought a new stake in Walt Disney during the 4th quarter valued at approximately $28,000. Tacita Capital Inc increased its holdings in Walt Disney by 93.2% in 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 last quarter. Pilgrim Partners Asia Pte Ltd bought a new position in shares of Walt Disney during the 4th quarter valued at approximately $32,000. Finally, Midwest Capital Advisors LLC bought a new stake in shares of Walt Disney in the 4th quarter worth about $34,000. 65.71% of the stock is owned by institutional investors.

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.