Royal Bank Of Canada restated their buy rating on shares of Walt Disney Company (The) (NYSE:DIS) in a research note released on Friday, July 14th. The firm currently has a $130.00 price objective on the entertainment giant’s stock.

Other equities research analysts have also recently issued research reports about the stock. Bank of America Corporation set a $125.00 target price on shares of Walt Disney Company (The) and gave the company a hold rating in a research note on Saturday, June 24th. Vetr cut shares of Walt Disney Company (The) from a buy rating to a hold rating and set a $117.10 price target for the company. in a research note on Monday, April 3rd. Sanford C. Bernstein restated a market perform rating and set a $107.00 price target on shares of Walt Disney Company (The) in a research note on Thursday, April 6th. Guggenheim reiterated a buy rating and issued a $122.00 target price (down previously from $128.00) on shares of Walt Disney Company (The) in a research note on Wednesday, July 12th. Finally, J P Morgan Chase & Co reiterated an overweight rating and issued a $124.00 target price on shares of Walt Disney Company (The) in a research note on Tuesday, April 11th. Six equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and seventeen have assigned a buy rating to the stock. Walt Disney Company (The) has an average rating of Hold and a consensus target price of $115.95.

Shares of Walt Disney Company (NYSE DIS) traded up 0.59% during midday trading on Friday, hitting $106.98. The stock had a trading volume of 9,707,003 shares. The company has a market cap of $167.41 billion, a P/E ratio of 18.66 and a beta of 1.40. The stock has a 50 day moving average of $106.20 and a 200-day moving average of $109.38. Walt Disney Company has a one year low of $90.32 and a one year high of $116.10. Walt Disney Company (The) also was the target of some unusual options trading activity on Monday. Stock traders acquired 26,917 put options on the stock. This represents an increase of approximately 352% compared to the typical volume of 5,955 put options.

Walt Disney Company (The) (NYSE:DIS) last released its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.55 by $0.03. Walt Disney Company (The) had a net margin of 16.63% and a return on equity of 19.81%. The business had revenue of $14.24 billion during the quarter, compared to analysts’ expectations of $14.44 billion. During the same quarter last year, the company earned $1.62 earnings per share. The firm’s revenue was down .3% on a year-over-year basis. Analysts forecast that Walt Disney Company will post $5.90 EPS for the current fiscal year.

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The business also recently disclosed a Semi-Annual dividend, which was paid on Thursday, July 27th. Investors of record on Monday, July 10th were paid a $0.78 dividend. The ex-dividend date was Thursday, July 6th. Walt Disney Company (The)’s payout ratio is 27.18%.

In other Walt Disney Company (The) news, Chairman Robert A. Iger sold 797,578 shares of the firm’s stock in a transaction on Friday, June 9th. The shares were sold at an average price of $105.09, for a total value of $83,817,472.02. Following the completion of the sale, the chairman now directly owns 1,566,484 shares in the company, valued at $164,621,803.56. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Susan E. Arnold sold 12,143 shares of the firm’s stock in a transaction on Thursday, May 11th. The shares were sold at an average price of $109.02, for a total transaction of $1,323,829.86. Following the completion of the transaction, the director now directly owns 48,673 shares in the company, valued at $5,306,330.46. The disclosure for this sale can be found here. 13.00% of the stock is currently owned by company insiders.

A number of institutional investors have recently modified their holdings of the stock. Harwood Advisory Group LLC boosted its position in Walt Disney Company (The) by 0.6% in the second quarter. Harwood Advisory Group LLC now owns 2,071 shares of the entertainment giant’s stock worth $220,000 after buying an additional 12 shares in the last quarter. HM Capital Management LLC raised its stake in Walt Disney Company (The) by 0.5% in the first quarter. HM Capital Management LLC now owns 2,690 shares of the entertainment giant’s stock worth $305,000 after buying an additional 14 shares in the last quarter. Tortoise Investment Management LLC raised its stake in Walt Disney Company (The) by 0.6% in the second quarter. Tortoise Investment Management LLC now owns 2,269 shares of the entertainment giant’s stock worth $241,000 after buying an additional 14 shares in the last quarter. Burt Wealth Advisors raised its stake in Walt Disney Company (The) by 0.5% in the second quarter. Burt Wealth Advisors now owns 3,182 shares of the entertainment giant’s stock worth $338,000 after buying an additional 15 shares in the last quarter. Finally, Barton Investment Management raised its stake in Walt Disney Company (The) by 0.3% in the first quarter. Barton Investment Management now owns 7,732 shares of the entertainment giant’s stock worth $876,000 after buying an additional 20 shares in the last quarter. 62.42% of the stock is owned by institutional investors.

Walt Disney Company (The) Company Profile

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

Analyst Recommendations for Walt Disney Company (The) (NYSE:DIS)

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