Vetr cut shares of Walt Disney Company (The) (NYSE:DIS) from a buy rating to a hold rating in a research report report published on Monday. The firm currently has $103.55 price target on the entertainment giant’s stock.

Other equities analysts have also recently issued research reports about the stock. Goldman Sachs Group, Inc. (The) set a $134.00 price objective on shares of Walt Disney Company (The) and gave the stock a buy rating in a research report on Saturday, May 20th. Macquarie cut shares of Walt Disney Company (The) from an outperform rating to a neutral rating and raised their price target for the company from $90.32 to $105.00 in a research report on Wednesday, May 17th. Deutsche Bank AG reaffirmed a buy rating and set a $125.00 price objective (down from $130.00) on shares of Walt Disney Company (The) in a research report on Monday, May 15th. Zacks Investment Research cut shares of Walt Disney Company (The) from a hold rating to a sell rating in a research report on Tuesday, July 11th. Finally, Rosenblatt Securities lifted their price objective on shares of Walt Disney Company (The) from $120.00 to $125.00 and gave the stock a neutral rating in a research report on Monday, May 8th. Five equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and sixteen have issued a buy rating to the company’s stock. Walt Disney Company (The) currently has a consensus rating of Hold and an average target price of $114.61.

Shares of Walt Disney Company (NYSE DIS) opened at 101.50 on Monday. The stock has a market capitalization of $156.66 billion, a PE ratio of 18.00 and a beta of 1.40. The company’s 50-day moving average price is $105.11 and its 200 day moving average price is $108.77. Walt Disney Company has a one year low of $90.32 and a one year high of $116.10.

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

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The company also recently disclosed a Semi-Annual dividend, which was paid on Thursday, July 27th. Stockholders of record on Monday, July 10th were given a $0.78 dividend. The ex-dividend date of this dividend was Thursday, July 6th. Walt Disney Company (The)’s dividend payout ratio is presently 27.56%.

In other news, Chairman Robert A. Iger sold 797,578 shares of the business’s stock in a transaction that occurred 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 transaction, the chairman now owns 1,566,484 shares of the company’s stock, valued at $164,621,803.56. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Maria Elena Lagomasino acquired 976 shares of the business’s stock in a transaction dated Thursday, August 10th. The stock was purchased at an average cost of $102.34 per share, with a total value of $99,883.84. Following the transaction, the director now owns 7,513 shares of the company’s stock, valued at $768,880.42. The disclosure for this purchase can be found here. Insiders own 13.00% of the company’s stock.

Institutional investors have recently bought and sold shares of the stock. Harwood Advisory Group LLC raised 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 position 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 position 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 position 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 position 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. 62.34% of the stock is owned by institutional investors and hedge funds.

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.

To view Vetr’s full report, visit Vetr’s official website.

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

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