Walt Disney Company (The) (NYSE:DIS)‘s stock had its “overweight” rating restated by J P Morgan Chase & Co in a research note issued to investors on Monday. They currently have a $125.00 price objective on the entertainment giant’s stock, down from their previous price objective of $130.00. J P Morgan Chase & Co’s price target suggests a potential upside of 28.77% from the stock’s previous close.

Other research analysts have also recently issued reports about the stock. Bank of America Corporation set a $125.00 price target on shares of Walt Disney Company (The) and gave the company a “hold” rating in a report on Saturday, June 24th. BMO Capital Markets reissued an “underperform” rating and issued a $90.00 price target (down from $95.00) on shares of Walt Disney Company (The) in a report on Thursday, August 10th. FBR & Co reissued a “hold” rating and issued a $97.00 price target on shares of Walt Disney Company (The) in a report on Friday. Guggenheim reissued a “buy” rating and issued a $122.00 price target (down from $128.00) on shares of Walt Disney Company (The) in a report on Wednesday, July 12th. Finally, Credit Suisse Group reissued an “outperform” rating and issued a $125.00 price target on shares of Walt Disney Company (The) in a report on Tuesday, July 25th. Four equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twenty-one have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $113.98.

Walt Disney Company (NYSE:DIS) traded down 0.01% during midday trading on Monday, reaching $97.06. The company had a trading volume of 5,966,004 shares. Walt Disney Company has a one year low of $90.32 and a one year high of $116.10. The firm has a market capitalization of $149.81 billion, a P/E ratio of 17.22 and a beta of 1.42. The stock’s 50 day moving average price is $103.83 and its 200-day moving average price is $108.07.

Walt Disney Company (The) (NYSE:DIS) last issued its earnings results on Tuesday, August 8th. The entertainment giant reported $1.58 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.53 by $0.05. The company had revenue of $14.24 billion for 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%. Walt Disney Company (The)’s quarterly revenue was down .3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.62 EPS. On average, equities research analysts anticipate that Walt Disney Company will post $5.84 earnings per share for the current year.

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In other Walt Disney Company (The) news, Director Maria Elena Lagomasino acquired 976 shares of Walt Disney Company (The) stock in a transaction dated Thursday, August 10th. The stock was purchased at an average cost of $102.34 per share, for a total transaction of $99,883.84. Following the completion of the acquisition, the director now directly owns 7,513 shares of the company’s stock, valued at $768,880.42. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 13.00% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently modified their holdings of the company. HM Capital Management LLC grew its holdings in shares of Walt Disney Company (The) by 0.5% during the first quarter. HM Capital Management LLC now owns 2,690 shares of the entertainment giant’s stock valued at $305,000 after buying an additional 14 shares during the last quarter. Fox Run Management L.L.C. acquired a new position in shares of Walt Disney Company (The) during the first quarter valued at about $1,270,000. State Treasurer State of Michigan grew its holdings in shares of Walt Disney Company (The) by 73.3% during the first quarter. State Treasurer State of Michigan now owns 1,355,053 shares of the entertainment giant’s stock valued at $153,649,000 after buying an additional 573,000 shares during the last quarter. Clearbridge Investments LLC grew its holdings in shares of Walt Disney Company (The) by 2.0% during the first quarter. Clearbridge Investments LLC now owns 7,623,125 shares of the entertainment giant’s stock valued at $864,386,000 after buying an additional 150,316 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Walt Disney Company (The) during the first quarter valued at about $450,000. Hedge funds and other institutional investors own 61.48% of the company’s stock.

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)

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