Walt Disney Company (The) (NYSE:DIS) received a $119.00 price target from Goldman Sachs Group, Inc. (The) in a report released on Saturday. The brokerage currently has a “buy” rating on the entertainment giant’s stock. Goldman Sachs Group, Inc. (The)’s price target indicates a potential upside of 18.17% from the company’s previous close.

A number of other brokerages have also recently issued reports on DIS. Loop Capital cut shares of Walt Disney Company (The) from a “buy” rating to a “hold” rating and reduced their price objective for the company from $115.00 to $114.44 in a report on Monday, April 24th. Pivotal Research reiterated a “sell” rating and set a $85.00 price objective on shares of Walt Disney Company (The) in a report on Sunday, April 23rd. Needham & Company LLC reiterated a “hold” rating on shares of Walt Disney Company (The) in a report on Tuesday, April 25th. Jefferies Group LLC reiterated a “hold” rating and set a $110.00 price objective on shares of Walt Disney Company (The) in a report on Wednesday, May 10th. Finally, Wells Fargo & Company reiterated a “market perform” rating and set a $111.00 price objective on shares of Walt Disney Company (The) in a report on Wednesday, May 10th. Five analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and seventeen have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $114.74.

Shares of Walt Disney Company (DIS) opened at 100.70 on Friday. The company has a market capitalization of $155.43 billion, a PE ratio of 17.86 and a beta of 1.40. The firm’s 50-day moving average is $105.49 and its 200 day moving average is $108.98. Walt Disney Company has a 12 month low of $90.32 and a 12 month high of $116.10.

Walt Disney Company (The) (NYSE:DIS) last issued its quarterly earnings data on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.05. The firm had revenue of $14.24 billion during the quarter, compared to analysts’ expectations of $14.44 billion. Walt Disney Company (The) had a net margin of 16.22% and a return on equity of 19.69%. The business’s revenue was down .3% on a year-over-year basis. During the same period last year, the company earned $1.62 earnings per share. Equities research analysts predict that Walt Disney Company will post $5.88 EPS for the current year.

ILLEGAL ACTIVITY WARNING: “Walt Disney Company (The) (DIS) PT Set at $119.00 by Goldman Sachs Group, Inc. (The)” was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece on another site, it was copied illegally and reposted in violation of US & international trademark and copyright legislation. The legal version of this piece can be read at https://www.thecerbatgem.com/2017/08/21/walt-disney-company-the-dis-pt-set-at-119-00-by-goldman-sachs-group-inc-the.html.

In related news, Director Maria Elena Lagomasino purchased 976 shares of the business’s stock in a transaction on Thursday, August 10th. The stock was acquired at an average price of $102.34 per share, with a total value of $99,883.84. Following the purchase, the director now directly owns 7,513 shares in the company, valued at $768,880.42. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Robert A. Iger sold 797,578 shares of the business’s stock in a transaction that occurred on Friday, June 9th. The stock was sold at an average price of $105.09, for a total transaction of $83,817,472.02. Following the completion of the transaction, the chairman now directly owns 1,566,484 shares of the company’s stock, valued at approximately $164,621,803.56. The disclosure for this sale can be found here. 0.38% of the stock is owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in the company. HM Capital Management LLC boosted its stake in shares of 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 during the period. Fox Run Management L.L.C. acquired a new stake in shares of Walt Disney Company (The) during the first quarter worth about $1,270,000. Triangle Securities Wealth Management boosted its stake in shares of Walt Disney Company (The) by 0.5% in the first quarter. Triangle Securities Wealth Management now owns 28,049 shares of the entertainment giant’s stock worth $3,180,000 after buying an additional 135 shares during the period. Kentucky Retirement Systems acquired a new stake in shares of Walt Disney Company (The) during the fourth quarter worth about $11,073,000. Finally, Kentucky Retirement Systems Insurance Trust Fund acquired a new stake in shares of Walt Disney Company (The) during the fourth quarter worth about $4,940,000. 62.34% of the stock is owned by institutional investors and hedge funds.

About Walt Disney Company (The)

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)

Receive News & Stock Ratings for Walt Disney Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walt Disney Company (The) and related stocks with our FREE daily email newsletter.