The Walt Disney Co. (NYSE:DIS)‘s stock had its “hold” rating reissued by analysts at Needham & Company LLC in a report issued on Friday.

DIS has been the subject of a number of other reports. FBR & Co reiterated a “hold” rating on shares of The Walt Disney in a research note on Sunday, September 4th. BTIG Research reiterated a “sell” rating on shares of The Walt Disney in a research note on Friday. Piper Jaffray Cos. reiterated an “overweight” rating and issued a $120.00 target price on shares of The Walt Disney in a research note on Monday, August 8th. Barclays PLC reiterated an “underweight” rating on shares of The Walt Disney in a research note on Friday, September 30th. Finally, Drexel Hamilton reiterated a “hold” rating and issued a $102.00 target price on shares of The Walt Disney in a research note on Friday. Three investment analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and fifteen have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $108.87.

Analyst Recommendations for The Walt Disney (NYSE:DIS)

Shares of The Walt Disney (NYSE:DIS) opened at 94.96 on Friday. The Walt Disney has a 12-month low of $86.25 and a 12-month high of $120.65. The firm has a market capitalization of $152.61 billion, a price-to-earnings ratio of 17.07 and a beta of 1.21. The company’s 50-day moving average is $92.67 and its 200-day moving average is $96.65.

The Walt Disney (NYSE:DIS) last announced its quarterly earnings data on Thursday, November 10th. The entertainment giant reported $1.10 EPS for the quarter, missing the Zacks’ consensus estimate of $1.16 by $0.06. The Walt Disney had a net margin of 16.48% and a return on equity of 19.98%. The company had revenue of $13.14 billion for the quarter, compared to analysts’ expectations of $13.71 billion. During the same period in the previous year, the firm posted $1.20 earnings per share. The business’s revenue for the quarter was down 2.7% on a year-over-year basis. On average, equities analysts forecast that The Walt Disney will post $5.77 earnings per share for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in DIS. Thomas J. Herzfeld Advisors Inc. purchased a new position in The Walt Disney during the second quarter valued at $103,000. Balentine LLC boosted its position in The Walt Disney by 365.8% in the second quarter. Balentine LLC now owns 1,076 shares of the entertainment giant’s stock valued at $105,000 after buying an additional 845 shares in the last quarter. Krilogy Financial LLC boosted its position in The Walt Disney by 5.0% in the second quarter. Krilogy Financial LLC now owns 1,292 shares of the entertainment giant’s stock valued at $126,000 after buying an additional 61 shares in the last quarter. Cordasco Financial Network boosted its position in The Walt Disney by 149.8% in the second quarter. Cordasco Financial Network now owns 1,501 shares of the entertainment giant’s stock valued at $147,000 after buying an additional 900 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC boosted its position in The Walt Disney by 2.2% in the third quarter. Signature Estate & Investment Advisors LLC now owns 1,649 shares of the entertainment giant’s stock valued at $153,000 after buying an additional 36 shares in the last quarter. 57.98% of the stock is owned by institutional investors and hedge funds.

About The Walt Disney

The Walt Disney Company is a diversified entertainment company. The Company’s business segments include Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive. The Media Networks segment includes cable and broadcast television networks, television production operations, television distribution, domestic television stations, and radio networks and stations.

5 Day Chart for NYSE:DIS

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