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

Other equities analysts have also recently issued reports about the company. Hilliard Lyons upgraded The Walt Disney to a “buy” rating in a research report on Thursday, August 25th. Citigroup Inc. cut their price objective on The Walt Disney from $120.00 to $117.00 and set a “buy” rating for the company in a report on Thursday, August 11th. Pivotal Research cut their price objective on The Walt Disney from $122.00 to $118.00 and set a “buy” rating for the company in a report on Wednesday, August 10th. Loop Capital reiterated a “buy” rating and issued a $114.00 price objective on shares of The Walt Disney in a report on Tuesday, September 27th. Finally, Nomura reiterated a “buy” rating and issued a $115.00 price objective on shares of The Walt Disney in a report on Tuesday, September 27th. Three equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $108.09.

Analyst Recommendations for The Walt Disney (NYSE:DIS)

The Walt Disney (NYSE:DIS) traded up 0.57% during midday trading on Friday, reaching $98.82. The company had a trading volume of 4,396,763 shares. The company has a 50-day moving average price of $94.31 and a 200-day moving average price of $96.15. The Walt Disney has a one year low of $86.25 and a one year high of $115.58. The stock has a market capitalization of $158.11 billion, a price-to-earnings ratio of 17.25 and a beta of 1.21.

The Walt Disney (NYSE:DIS) last posted its earnings results on Thursday, November 10th. The entertainment giant reported $1.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.16 by $0.06. The Walt Disney had a return on equity of 19.81% and a net margin of 16.88%. The business had revenue of $13.14 billion for the quarter, compared to analysts’ expectations of $13.71 billion. During the same quarter in the previous year, the firm earned $1.20 earnings per share. The Walt Disney’s quarterly revenue was down 2.7% compared to the same quarter last year. On average, equities analysts expect that The Walt Disney will post $5.95 earnings per share for the current year.

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In other The Walt Disney news, EVP Alan N. Braverman sold 19,871 shares of the firm’s stock in a transaction dated Wednesday, November 16th. The stock was sold at an average price of $99.00, for a total transaction of $1,967,229.00. Following the sale, the executive vice president now directly owns 135,614 shares of the company’s stock, valued at $13,425,786. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 13.00% of the company’s stock.

A number of large investors have recently bought and sold shares of the stock. Financial Strategy Network LLC purchased a new position in shares of The Walt Disney during the first quarter worth $214,000. Steamboat Capital Partners LLC raised its position in shares of The Walt Disney by 8.2% in the first quarter. Steamboat Capital Partners LLC now owns 26,455 shares of the entertainment giant’s stock worth $2,627,000 after buying an additional 1,998 shares during the last quarter. Steinberg Global Asset Management raised its position in shares of The Walt Disney by 9.0% in the first quarter. Steinberg Global Asset Management now owns 7,324 shares of the entertainment giant’s stock worth $727,000 after buying an additional 607 shares during the last quarter. Halsey Associates Inc. CT raised its position in shares of The Walt Disney by 64.6% in the first quarter. Halsey Associates Inc. CT now owns 104,282 shares of the entertainment giant’s stock worth $10,356,000 after buying an additional 40,928 shares during the last quarter. Finally, FFT Wealth Management LLC raised its position in shares of The Walt Disney by 33.3% in the first quarter. FFT Wealth Management LLC now owns 4,000 shares of the entertainment giant’s stock worth $397,000 after buying an additional 1,000 shares during the last quarter. 57.27% of the stock is currently 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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