Shares of DreamWorks Animation LLC (NASDAQ:DWA) have been assigned a consensus rating of “Hold” from the fourteen brokerages that are currently covering the stock. One research analyst has rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $35.12.

Several equities research analysts have recently issued reports on DWA shares. B. Riley reaffirmed a “neutral” rating and issued a $41.00 target price on shares of DreamWorks Animation in a report on Thursday, August 4th. Zacks Investment Research raised DreamWorks Animation from a “sell” rating to a “hold” rating in a report on Friday, August 5th. Finally, Topeka Capital Markets raised DreamWorks Animation from a “sell” rating to a “hold” rating and boosted their price objective for the stock from $17.00 to $18.00 in a research note on Thursday, August 25th.

Shares of DreamWorks Animation (NASDAQ:DWA) remained flat at $40.97 on Wednesday. The stock has a 50 day moving average price of $40.97 and a 200-day moving average price of $34.11. DreamWorks Animation has a 12 month low of $17.02 and a 12 month high of $41.13.

A number of institutional investors have recently modified their holdings of the company. BlackRock Group LTD increased its position in shares of DreamWorks Animation by 35.3% in the first quarter. BlackRock Group LTD now owns 52,927 shares of the company’s stock worth $1,321,000 after buying an additional 13,811 shares during the period. Metropolitan Life Insurance Co. NY increased its position in shares of DreamWorks Animation by 2.3% in the first quarter. Metropolitan Life Insurance Co. NY now owns 116,303 shares of the company’s stock worth $2,902,000 after buying an additional 2,618 shares during the period. BNP Paribas Arbitrage SA acquired a new position in shares of DreamWorks Animation during the second quarter worth approximately $1,316,000. Havens Advisors LLC acquired a new position in shares of DreamWorks Animation during the second quarter worth approximately $1,594,000. Finally, Capstone Asset Management Co. acquired a new position in shares of DreamWorks Animation during the second quarter worth approximately $200,000.

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About DreamWorks Animation

Dreamworks Animation, LLC (DreamWorks Animation), formerly DreamWorks Animation SKG, Inc, creates and exploits branded family entertainment, including animated feature films, television series and specials, live entertainment properties and related consumer products. The Company’s segments include Feature Films, Television Series and Specials, Consumer Products, New Media and All Other.

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