Walt Disney (NYSE:DIS) Stock Price Up 0.3%

The Walt Disney Company (NYSE:DIS) shares shot up 0.3% during trading on Monday . The stock traded as high as $88.89 and last traded at $88.23. 1,517,560 shares were traded during mid-day trading, a decline of 87% from the average session volume of 11,303,066 shares. The stock had previously closed at $87.94.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on DIS shares. Deutsche Bank Aktiengesellschaft lowered their price target on Walt Disney from $130.00 to $115.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. Wells Fargo & Company cut their price target on Walt Disney from $136.00 to $116.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Moffett Nathanson dropped their target price on shares of Walt Disney from $130.00 to $125.00 and set a “buy” rating on the stock in a research report on Tuesday, July 2nd. Bank of America reduced their price target on shares of Walt Disney from $145.00 to $120.00 and set a “buy” rating for the company in a report on Thursday, August 8th. Finally, Morgan Stanley dropped their price objective on shares of Walt Disney from $130.00 to $110.00 and set an “overweight” rating on the stock in a report on Monday, August 5th. Three equities research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $117.95.

Walt Disney Stock Performance

The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 0.38. The stock has a fifty day simple moving average of $91.60 and a 200-day simple moving average of $102.91. The company has a market capitalization of $160.18 billion, a P/E ratio of 95.79, a PEG ratio of 1.31 and a beta of 1.40.

Walt Disney (NYSE:DIS) last announced its quarterly earnings results on Wednesday, August 7th. The entertainment giant reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.19. The firm had revenue of $23.20 billion during the quarter, compared to the consensus estimate of $23.08 billion. Walt Disney had a net margin of 5.30% and a return on equity of 8.64%. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period last year, the firm posted $1.03 EPS. Equities analysts forecast that The Walt Disney Company will post 4.92 EPS for the current year.

Insider Transactions at Walt Disney

In other Walt Disney news, Director Calvin Mcdonald bought 11,756 shares of the firm’s stock in a transaction dated Thursday, August 8th. The shares were bought at an average price of $85.06 per share, for a total transaction of $999,965.36. Following the completion of the acquisition, the director now owns 22,313 shares of the company’s stock, valued at $1,897,943.78. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Gryphon Financial Partners LLC bought a new position in Walt Disney in the fourth quarter valued at approximately $603,000. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Walt Disney by 2.8% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 61,002 shares of the entertainment giant’s stock valued at $5,508,000 after purchasing an additional 1,644 shares during the period. Advisor OS LLC boosted its position in shares of Walt Disney by 18.8% in the 4th quarter. Advisor OS LLC now owns 6,580 shares of the entertainment giant’s stock worth $594,000 after purchasing an additional 1,041 shares during the last quarter. Vise Technologies Inc. grew its stake in shares of Walt Disney by 39.2% during the fourth quarter. Vise Technologies Inc. now owns 3,761 shares of the entertainment giant’s stock worth $340,000 after purchasing an additional 1,059 shares during the period. Finally, Eagle Bay Advisors LLC increased its holdings in Walt Disney by 36.1% in the fourth quarter. Eagle Bay Advisors LLC now owns 1,634 shares of the entertainment giant’s stock valued at $148,000 after purchasing an additional 433 shares during the last quarter. 65.71% of the stock is currently owned by institutional investors.

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.